Category: Year
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Denmark’s Novo Nordisk expects 27% sales surge this year but faces price pressure for weight loss drug Wegovy amid Eli Lilly competition
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Novo Nordisk A/S raised its earnings forecast as the drugmaker now ships five times more introductory doses of the weight-loss drug Wegovy in the US than at the end of last year. More than 25,000 patients are now starting treatment each week in the United States, CEO Lars Frørgaard Jørgensen…
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DBS quarterly results trounce forecasts, another record year expected By Reuters
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By Yantultra Ngoy SINGAPORE (Reuters) – Singapore’s largest bank DBS Group (OTC:) on Thursday reported first-quarter results that beat expectations with broad-based growth, and said it expects net profit to surpass last year’s record result. Due to strong business momentum with loans growing and fee income and treasury client sales…
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SEC, Gary Gensler Viewed Ethereum as a Security for Over a Year, New Filings Reveal
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While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have…