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☆ McIlroy finishes top of money list without hitting a shot
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +1 min

Northern Irishman McIlroy, with 5,164.5 points going into the DP World Tour Championship at Dubai this week, has now finished top of the formerly named European Tour money list five times, first in 2012 and again in 2014, 2015 and last year. McIlroy, who made more than seven million euros ($7.48 million) in prize money in nine tour events this year, is 2,083 points ahead of second-placed Jon Rahm, the Masters champion, with Adrian Meronk third. Poland’s Meronk played in this weekend’s Nedbank Challenge at Sun City where he added 94.5 points after finishing 15th. The tournament in South Africa was won by American Max Homa, who finished four shots ahead of Denmark’s Nicolai HojgaardThe top 50 finishers in the Race to Dubai rankings will compete for a $10-million purse at Jumeirah Golf Estate from Thursday. ($1 = 0.9362 euros)Writing by Mark Gleeson in Cape Town; Editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

Persons: Rory McIlroy, Brian Snyder, Sun City . Northern Irishman McIlroy, McIlroy, Jon Rahm, Adrian Meronk, Poland’s Meronk, Max Homa, Denmark’s Nicolai Hojgaard, Mark Gleeson, Clare Fallon Organizations: United, Prix, CITY, Sun, Sun City . Northern, Dubai, European, Thomson Locations: United States, Americas, Austin , Texas, U.S, South Africa, Sun City ., Sun City, Dubai, Cape Town

☆ Mark Zuckerberg ignored teen and user safety warnings from Meta executives
▼ + stars: | 2023-11-08 | by ( Brian Fung | ) edition.cnn.com time to read: +9 min

The disclosures highlight Zuckerberg’s sway over decisions at Meta that can affect billions of users. And they also shed light on tensions that have occasionally arisen between Zuckerberg and other Meta officials who have pushed to enhance user well-being. In response to the newly unsealed communications, Meta spokesman Andy Stone said such image filters are commonly used in the industry. “These unreacted documents prove that Mark Zuckerberg is not interested in protecting anyone’s privacy or safety. “Clegg’s comments follow a pattern and practice at Meta where employees repeatedly flagged under-investment in well-being tools, despite having the research,” Qureshi said.

Persons: Mark Zuckerberg, —, Zuckerberg, Adam Mosseri, Global Affairs Nick Clegg, Karina Newton, Fidji Simo, Margaret Gould Stewart, Simo, Mosseri, Stewart, Newton, Andrew Bosworth, Andy Stone, ” Stone, “, Stone, Meta, Clegg, Frances, Instagram, Haugen, ” Zuckerberg, Susan Li, Li, David Ginsberg, Ginsburg, Li “, Arturo Bejar, Bejar, Instagram’s, ” Bejar, I’ve, ”, Sacha Haworth, Zamaan Qureshi, ” Qureshi Organizations: CNN —, Facebook, Global Affairs, Massachusetts, Meta, CNN, ” Tech, Technology, Tech Locations: Massachusetts, United States, Mosseri

☆ UK fashion retailer can revive discount price tag
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 7 (Reuters Breakingviews) - Primark’s improved fast-fashion appeal can power a valuation revival. Assuming sales at the retailer were to grow 7% annually, just half of the 15% jump of last year, they would hit 9.6 billion pounds. If margins were to rise to 10%, that would add 235 million pounds to the conglomerate’s operating profit, which stood at 1.5 billion pounds last year, Breakingviews calculations show. If Primark’s input costs keep falling and it successfully expands in the U.S., it can narrow this gap. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Aimee Donnellan, Aston Martin, Lisa Jucca, Oliver Taslic Organizations: Reuters, British Foods, Foods, X, Starbucks, Paramount, Macquarie, Thomson Locations: U.S

☆ Obesity Drug Demand Outstrips Supply
▼ + stars: | 2023-11-02 | by ( David Wainer | ) www.wsj.com time to read: 1 min

Diabetes drugs could become an effective way to treat behavioral issues and addiction. WSJ’s Daniela Hernandez breaks down the science on how they work and how they could change psychiatry forever. Photo illustration: Elizabeth SmelovEli Lilly ’s blockbuster diabetes medication Mounjaro is expected to receive Food and Drug Administration approval as an obesity treatment before the end of the year, which would lead to a surge in demand. Whether there will be enough of the drug is a different question. Both Lilly and its competitor, Denmark’s Novo Nordisk , which makes Ozempic and its sister drug Wegovy, are struggling to meet skyrocketing demand for their medications.

Persons: WSJ’s Daniela Hernandez, Elizabeth Smelov Eli Lilly ’, Mounjaro, Lilly Organizations: Drug Administration, Denmark’s, Denmark’s Novo Nordisk Locations: Denmark’s Novo

☆ Orsted’s losing US bets need rethink of UK plans
▼ + stars: | 2023-11-01 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

Turbulent news has buffeted the wind sector of late, from faulty turbines at Siemens Energy (ENR1n.DE) to Orsted’s own surprise impairments in August. After that surprise – largely caused by suppliers’ issues – Orsted’s stock price is just a fifth of its 2021 peak of 1,350 Danish crowns. That suggests investors are neither counting on future growth from its U.S. portfolio nor sufficiently factoring in Orsted’s earnings from operating projects. That’s a far cry from the annual average increase of 14% from 2023 onwards implied by Orsted’s EBITDA target of up to 55 billion Danish crowns in 2030. Hornsea Three would require capital investments of 48.5 billion Danish crowns, according to Bernstein.

Persons: Mads Nipper, Nipper, Orsted, Bernstein, Orsted’s, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Siemens Energy, Reuters Graphics Reuters, U.S ., Thomson Locations: SINGAPORE, United States, New Jersey, Danish, U.S . East Coast

☆ Denmark Aims a Wrecking Ball at ‘Non-Western’ Neighborhoods
▼ + stars: | 2023-10-26 | by ( Emma Bubola | More About Emma Bubola | ) www.nytimes.com time to read: +1 min

“The welfare society is fundamentally a community, which is based on a mutual trust that we all contribute,” Denmark’s prime minister, Mette Frederiksen, said in March at a summit of the country’s municipalities. That means more than 4,000 public housing units will need to be emptied or torn down. The decision of which housing remains public will be made by local governments and housing associations. The residents displaced are offered alternative public housing options in other buildings or neighborhoods. From the beginning, the program’s targeting of communities largely based on the presence of non-Western immigrants or their descendants has attracted widespread criticism.

Persons: Mette Frederiksen, Vollsmose Locations: country’s

☆ Europe’s oil majors are stuck as M&A party-poopers
▼ + stars: | 2023-10-26 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

Oil pump jack is seen in front of displayed U.S. dollar banknote and decreasing stock graph in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Oct 26 (Reuters Breakingviews) - Back in June the boss of $220 billion UK oil major Shell (SHEL.L), Wael Sawan, told investors mergers and acquisitions were not his priority. The decision of $430 billion Exxon Mobil (XOM.N) and $295 billion Chevron (CVX.N) to acquire $60 billion Pioneer Natural Resources (PXD.N) and $53 billion Hess (HES.N) respectively ought to change the game. But it would remain a stretch for either to ape their U.S. peers and buy a big oil group. Hess investors will receive 1.025 shares of Chevron for each share held, worth $171 per share based on the closing price on Oct. 20.

Persons: Dado Ruvic, Wael Sawan, Hess, Murray Auchincloss, Patrick Pouyanné, ’, Shell, Neste, Warren Buffett’s, Pouyanné, George Hay, Streisand Neto Organizations: REUTERS, Reuters, Exxon Mobil, Chevron, Natural Resources, Exxon, Shell, Occidental Petroleum, Exxon Mobil’s, Thomson Locations: Finnish, Denmark, U.S, Occidental

☆ Price hikes, hectic embassy guidelines and stranded pets: People struggle to find ways out of Israel
▼ + stars: | 2023-10-17 | by ( Jennifer Korn | ) edition.cnn.com time to read: +9 min

The first concern for those looking to leave Israel was when departing flights would resume, followed by the frustrations of actually booking the flight. Documents to travel with pets were not being processed to any country but the United States, she told CNN, but flight prices were skyrocketing into the thousands. “As we were boarding — because it was so manic — 10 or so people just went past the crew member,” they told CNN. Others looking to leave Israel detailed hearing misinformation about rocket strikes destroying the airport. Those people who are from the embassy that are at the airport, they’re super tired, and they’re really, really trying their best,” the Polish tourist told CNN.

Persons: ‘, ’ ” Jillian, Jillian, “, ”, ’, Emma Gottlieb, Gottlieb, Ben Gurion, Rachel Hammer, Hammer, ” Hammer, ” Milo Ferron, doesn’t, they’re, Biden, John Kirby, Floridians, Ron DeSantis, ” Jillian Organizations: New, New York CNN — Foreign, Ben Gurion International Airport, CNN, America ”, British Airways, Danish, Denmark’s Ministry of Foreign Affairs, US, — United, Delta, National Security, Emergency Management Locations: New York, Israel, Los Angeles, Tel Aviv, United States, Los Angeles , New York, London, Europe, America, British, New Mexico, Cyprus, “, Denmark, Polish, Greece, Netherlands, Europe —, Haifa, Florida’s

☆ Runestones from Denmark praising a Viking queen hint at her power
▼ + stars: | 2023-10-13 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +6 min

Both Jelling runestones also named a royal figure: Queen Thyra, mother of then-reigning King Harald Bluetooth. In recent years, archaeologists have revised prior interpretations of Viking warrior burials as exclusively male, finding that Viking women were fighters, too. The new findings add to the picture of influential Viking women holding prominent roles in statecraft as well as on the battlefield. Fewer than 10 runestones in Denmark from the pre-Christian era mention women at all — and four of those are of Queen Thyra. “Runestones in Denmark were mostly erected in honour of men, but Thyra is commemorated on more runestones than any other person in Viking Age Denmark,” Imer said.

Persons: CNN —, —, Thyra, “, ”, Katherine Cross, ” Cross, King Harald Bluetooth, King Gorm, Harald, Lisbeth, Imer, ” Imer, Queen Thyra, ” Mindy Weisberger Organizations: CNN, telltale, John University, National Museum of Denmark, Museum of, National Museum of, Scientific Locations: Denmark, Sweden, York, Europe, Jelling, Copenhagen, Museum of Denmark, National Museum of Denmark, dak, DAK, statecraft, Viking

☆ Obesity revolution gorges on dialysis maker
▼ + stars: | 2023-10-11 | by ( Aimee Donnellan | ) www.reuters.com time to read: +3 min

REUTERS/Megan Jelinger Acquire Licensing RightsLONDON, Oct 11 (Reuters Breakingviews) - Kidney dialysis kit-makers look set to be the latest victim of the obesity drug boom. On Wednesday, shares in Germany-listed Fresenius Medical Care (FMEG.DE) fell 20% after a medical trial showed a Novo Nordisk (NOVOb.CO) drug can reduce the risk of kidney failure. Diabetes and obesity drugs are showing their fringe benefits. In a recent drug trial, Wegovy, an obesity remedy made by Denmark’s Novo Nordisk, reduced the incidence of serious cardiovascular events like strokes and heart attacks by 20% in overweight patients. The collapse in Fresenius Medical Care’s share price looks appropriate.

Persons: Dawn, Megan Jelinger, Michael Sen, Danish drugmaker, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Novo Nordisk, Denmark’s Novo Nordisk, Fresenius, Thomson Locations: Findlay , Ohio, U.S, Germany, Fresenius, Vamed, Danish

☆ Cable makers are green investing’s dark horses
▼ + stars: | 2023-09-28 | by ( Lisa Jucca | ) www.reuters.com time to read: +4 min

An electrical power pylon with high-voltage power lines is seen next to wind turbines near Weselitz, Germany November 18, 2022. Moving away from fossil fuels will require laying thousands of new and stronger power lines carrying electricity from source to end users. Putting the additional earnings on Prysmian’s expected EBITDA multiple for 2026 of 8 times would generate an additional enterprise value of 2 billion euros, nearly 20% above today’s 11.6 billion euros. One potential snag is that cable makers’ annual capacity for high-voltage cables is currently only 6 billion euros per year. The volume of high-voltage cable orders has risen to more than 10 billion euros last year from around 3 billion euros in 2019, according to industry and analyst estimates.

Persons: Lisi Niesner, Prysmian, George Hay, Streisand Neto Organizations: REUTERS, Reuters, International Energy Agency, JPMorgan, Reuters Breakingviews, Thomson Locations: Weselitz, Germany, Europe, North America, Britain, Denmark, China

A NASA astronaut and two Russian cosmonauts returned to Earth on Wednesday after being stuck in space for just over a year. American Frank Rubio set a record for the longest U.S. spaceflight — a result of the extended stay. Rubio spent more than two weeks longer in space than Mark Vande Hei, who held NASA's previous endurance record for a single spaceflight. Russia holds the world record of 437 days, set in the mid-1990s. The Soyuz capsule that brought Rubio and cosmonauts Sergey Prokopyev and Dmitri Petelin back was a replacement launched in February.

Persons: Frank Rubio, Rubio, Mark Vande Hei, Sergey Prokopyev, Dmitri Petelin, Denmark’s Andreas Mogensen, Prokopyev, “, ” Rubio Organizations: NASA, Earth, Soyuz, International Space, Engineers, Helicopters, Army, U.S . Naval Academy, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Kazakhstan, Russia, Point, Petelin

☆ Jens Haaning ordered to repay museum $76K after submitting blank canvases titled ‘Take the Money and Run’
▼ + stars: | 2023-09-20 | by ( Christy Choi | ) edition.cnn.com time to read: +4 min

Instead, the artist sent the museum two empty frames entitled “Take the Money and Run,” saying he had created new, “better” pieces to fit the exhibition’s theme. “And if needed… take the money and run,” he added. Despite its protestations, the Kunsten Museum of Modern Art exhibited Haaning’s empty canvases alongside a print-out of an email in which he explained his actions. The ruling also dismissed a counter-claim made by Haaning, who alleged that the museum had infringed on the work’s copyright. And then it also applies to the question: Are artists paid enough for what they do?”Kunsten Museum of Modern Art in Aalborg, Denmark.

Persons: CNN — Jens Haaning, Dane —, Jens Ziehe, “, …, ” Haaning, Maurizio Cattelan, Yves Klein, Haaning, ”, Lasse Andersson, Andersson, John Peter, Alamy Andersson Organizations: CNN, Kunsten Museum of Modern Art, Austrian, Kunsten Museum of Modern, Court, Kunsten, of Modern Art Locations: Copenhagen, Aalborg, Denmark’s Jutland, Denmark

☆ A Luxury Cruise Ship Is Stuck Off Greenland’s Coast
▼ + stars: | 2023-09-14 | by ( Eduardo Medina | More About Eduardo Medina | ) www.nytimes.com time to read: +1 min

A luxury cruise ship carrying 206 passengers and crew members has been stuck in the cold northern waters of Greenland since Monday after it ran aground. The ship — named the Ocean Explorer and operated by Aurora Expeditions, a cruise company based in Australia — had been traveling toward Alpefjord, which is in a remote corner of Greenland. Its destination was the Northeast Greenland National Park, which is the northernmost national park in the world and is home to icebergs, glaciers and high mountains. The Joint Arctic Command, which is part of Denmark’s defense forces, said on Facebook on Tuesday that there were no injuries on board the Ocean Explorer and that there is no threat to the environment. On Wednesday, a fishing research vessel owned by the government of Greenland tried unsuccessfully to pull the Ocean Explorer at high tide.

Persons: —, Australia — Organizations: Ocean, Aurora Expeditions, Northeast, Arctic Command, Facebook Locations: Greenland, Australia, Alpefjord, Northeast Greenland, Denmark

The falling shares mean that Mr. Arnault (now worth about $195 billion, Forbes says) dropped to the second-richest person in the world in June, eclipsed by Elon Musk. Mr. Arnault has broadened LVMH beyond extravagant playthings into the world of experiences, acquiring over 50 grand hotels and resorts. Mr. Arnault’s changes mean he doesn’t have to retire next year as originally expected. The French media is full of headlines comparing the Arnaults to the Roys, the fictional family in the HBO series. There are TikTok videos explaining why the Arnaults are “the real ‘Succession’ family.” The family hates this talk, and takes pains to play down parallels to the show.

Persons: Arnault, Forbes, Elon Musk, LVMH, —, gobbling, Delphine, Dior Organizations: Denmark’s Novo Nordisk, HBO

The storied and fragile lagoon city is not alone in its struggle to manage an onslaught of tourists in the low-cost flight era. But the stakes are particularly high this week as the UNESCO World Heritage Committee decides whether to add Venice to its list of endangered world sites. Critics charge that the tax was rushed through to impress the UNESCO committee that the city is acting to curb mass tourism. The recommendation to downgrade Venice cites not only management of mass tourism, but also the impact of climate change. Venice is one of six sites, including two in war-ravaged Ukraine, that the committee may officially declare to be in danger.

Persons: ’ ’, Michele Zuin, Saint Organizations: UNESCO World Heritage Committee, UNESCO, Venice Locations: VENICE, Italy, Venice, Rome, St, Ukraine, Ukraine’s, Kyiv, Lviv, Nessebar, Bulgaria, Turkey, Kamchatka, Russia’s

☆ Cruise ship Ocean Explorer runs aground in Greenland
▼ + stars: | 2023-09-13 | by ( Zahid Mahmood | James Frater | ) edition.cnn.com time to read: +2 min

CNN —A cruise ship carrying 206 passengers and crew has run aground on a remote stretch of Greenland and could potentially be stuck for days waiting for the nearest ship to arrive to help. The Ocean Explorer got into trouble on Monday in Alpefjord, a dramatic and rugged stretch of Northeast Greenland National Park, and has not been able to free itself, according to a statement from Denmark’s Joint Arctic Command (JAC). “As soon as we realized that the Ocean Explorer could not get free on its own, we sent a ship towards the wreck,” Arctic Commander Brian Jensen said. Jensen said the Ocean Explorer could still re-float on a high tide, but failing that, the Knud Rasmussen would assist. According to the statement, the Government of Greenland, the Danish Maritime Authority and the Danish Accident Investigation Board have been informed of the incident.

Persons: ”, Knud Rasmussen, Brian Jensen, “, Jensen, Tamara Hardingham, Gill Organizations: CNN, Arctic Command, Aurora Expeditions, Command, Danish Maritime Authority, Danish Locations: Greenland, Alpefjord, Northeast Greenland, Government

Venture capital investor Bill Gurley, a partner at Benchmark, said founders he works with believe Meta 's new large language model, Llama 2, has the "most momentum" in the battle of the large artificial intelligence models. Gurley told CNBC's Julia Boorstin Monday that the open-source nature of Meta's product is threatening to other leaders in the AI space. AI researchers typically compare LLMs when the software performs specific tasks. For instance, some AI researchers have found that Llama 2 outperforms other similar open-source AI language models and is on par with proprietary systems like OpenAI's ChatGPT. Google followed suit with its latest large language model called PaLM 2 in May, which powers the Google's generative AI features like its chatbot Bard.

Persons: Bill Gurley, Gurley, CNBC's Julia Boorstin, Meta, Bard Organizations: Microsoft, CNBC, Meta, Google Locations: OpenAI

CNN —An American man stuck in the third-deepest cave in Turkey after falling ill has said he is “doing well” as rescue operations to retrieve him from hundreds of meters below the surface continue. American caver Mark Dickey, talks to camera inside the Morca cave near Anamur, southern Turkey, on Sept. 7, 2023. Turkish Government Directorate of Communications/AP“As you can see I’m up, I’m alert, I’m talking. Gretchen Baker, from National Cave Rescue Commission (NCRC), who has known and worked with Dickey for several years and has been in communication with the rescue team, expressed cautious optimism about Dickey’s safe passage out of the cave. Despite Dickey’s improving medical situation, Baker said even with him helping, the rescue operation still has some way to go.

Persons: Mark Dickey, Dickey, I’m, ”, Bulent Genc, Gretchen Baker, CNN’s Isa Soares, Baker, “ Organizations: CNN, Turkish, Federation, Directorate of Communications, Rescue, Cave Rescue Locations: American, Turkey, Morca Valley, Anamur, Turkish, Cave

☆ New boss will be EIB’s chance to stay relevant
▼ + stars: | 2023-09-07 | by ( Rebecca Christie | ) www.reuters.com time to read: +5 min

Flags are seen behind the logo of the European Investment Bank in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal Acquire Licensing RightsBRUSSELS, Sept 7 (Reuters Breakingviews) - The European Investment Bank has a chance to remake itself when it gains a new leader next year. The EIB has been making infrastructure loans since 1958, and now channels some 65 billion euros in annual financing to the economy. To do that, the next EIB chief will need to let the bank shoulder more risk, as suggested by Vestager on Thursday. By comparison, the World Bank has $240 billion loans outstanding.

Persons: Eric Vidal, Werner Hoyer, Nadia Calviño, Denmark’s Margrethe Vestager, Daniele Franco, Teresa Czerwińska, Thomas Östros, Vestager, Margrethe Vestager, Spain’s Nadia Calviño, Poland’s Teresa Czerwińska, Italy’s Daniele Franco, Sweden’s Thomas Östros, Denmark’s Vestager, Neil Unmack, Streisand Neto Organizations: European Investment Bank, Reuters, Rights, Spanish, World Bank, AAA, European Union, Financial Times, European Investment, Union, Thomson Locations: Luxembourg, Rights BRUSSELS, Italian, Europe, Ukraine, France, Spain

☆ Blinken visits Ukraine in show of support, says it needs 'strong deterrent'
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +5 min

[1/5] Ukraine's Foreign Minister Dmytro Kuleba greets US Secretary of State Antony Blinken before a meeting at the Ministry of Foreign Affairs in Kyiv, Ukraine on September 6, 2023. During his two-day visit, Blinken is likely to announce a new package of U.S. wartime assistance worth more than $1 billion, a senior State Department official told reporters on the trip. "We want to make sure that Ukraine has what it needs, not only to succeed in the counteroffensive, but has what it needs for the long term, to make sure that it has a strong deterrent," Blinken said standing alongside Kuleba. "We're also determined to continue to work with our partners as they build and rebuild a strong economy, strong democracy." During his train ride to Kyiv, Blinken also held talks with Danish Prime Minister Mette Frederiksen - coincidentally visiting the same day.

Persons: Dmytro Kuleba, Antony Blinken, Zelenskiy, Washington, Blinken, Volodymyr Zelenskiy, We're, Kuleba, Dmitry Peskov, Rustem Umerov, Oleksii Reznikov, Mette Frederiksen, Frederiksen, Matthew Miller, Joe Biden, Donald Trump, pare, Humeyra Pamuk, Tom Balmforth, Timothy Heritage, Angus MacSwan, Peter Graff Organizations: Ministry of Foreign Affairs, Russian, State Department, U.S, Kyiv, Media, Ukrainian, Blinken's, Danish, Department, Republican, Reuters, Washington, Thomson Locations: Kyiv, Ukraine, Kyiv Ukraine, U.S, Blinken, Russian, Moscow, Washington, Ukrainian, UKRAINE, Denmark, Netherlands

KYIV, Ukraine (AP) — U.S. Secretary of State Anthony Blinken visited Ukraine’s capital Wednesday where he was expected to announce more than $1 billion in new American funding in a display of Washington’s unflagging support for Kyiv’s fight. Blinken arrived in Kyiv for an overnight visit hours after Russia launched a missile attack on the city. On the train journey to Kyiv, Blinken met with Danish Prime Minister Mette Frederiksen, also on an official visit, to discuss the war. After arriving in Kyiv, Blinken laid a wreath at the city's Berkovetske cemetery to commemorate members of the Ukrainian armed forces who lost their lives defending the country. Blinken’s visit comes after some of Ukraine’s allies have privately expressed concern that Ukrainian troops may fail to reach their objectives.

Persons: State Anthony Blinken, Blinken, ” Blinken, “ We’re, Dmitry Peskov, Volodymyr Zelenskyy, Mette Frederiksen, Matthew Miller, Rustem Umerov, Serhii Popko Organizations: —, State, State Department, Kremlin, Russia, Danish, Washington, Initiative, U.S . State Department Locations: KYIV, Ukraine, Ukraine’s, London, Russia, Kyiv, Ukrainian, Odesa, Crimean Tatar, Russian, Polish, U.S, russia, ukraine

☆ Blinken, in Kyiv, Says U.S. Will Send $1 Billion More in Aid
▼ + stars: | 2023-09-06 | by ( Constant Méheut | ) www.nytimes.com time to read: +6 min

The aid will also include demining assistance to clear Russian land mines and prevent the remnants of war from causing further harm to civilians, Mr. Blinken said. It includes ammunition made with depleted uranium for Abrams tanks, which are scheduled to arrive in Ukraine this fall, Mr. Blinken said. Mr. Blinken traveled by train to Kyiv with Denmark’s prime minister, Mette Frederiksen, according to a State Department statement. He was replaced by Rustem Umerov, who has been the chairman of Ukraine’s State Property Fund. A senior State Department official told reporters traveling with Mr. Blinken that the effort was aimed at “putting global support on a long-term, sustainable path.

Persons: Antony J, Blinken, Biden, Dmytro Kuleba, Volodymyr Zelensky, ” Mr, Zelensky, ”, “, Lynsey Addario, Mr, Mette Frederiksen, Blinken’s, Oleksii, Rustem Umerov, Umerov’s, Tyler Hicks, Putin, Vladimir V, Russia, Erin Mendell, Anushka Patil Organizations: Ministry of Foreign Affairs, Kyiv, United, Pentagon, The New York Times, Ukraine’s, Department, Property Fund, 22nd Mechanized Brigade, State Department Locations: Kyiv, Ukraine, U.S, United States, matériel, Kostyantynivka, Ukrainian, ”, Russia, “, Denmark, Ukraine’s, Bakhmut, Israel

☆ The obesity drug boom is just getting started: podcast
▼ + stars: | 2023-09-05 | by ( Aimee Donnellan | ) www.reuters.com time to read: +1 min

A 0.25 mg injection pen of Novo Nordisk’s weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, September 1, 2023. REUTERS/Victoria Klesty/Illustration Acquire Licensing RightsLONDON, Sept 5 (Reuters Breakingviews) - Over 1 bln people are obese, the WHO reckons. Denmark’s Novo Nordisk is ahead of the pharma pack with its Wegovy weight-loss drug. Listen to the podcastFollow @aimeedonnellan on XSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Victoria Klesty, Lars Jorgensen, Oliver Taslic Organizations: REUTERS, Reuters, WHO, Denmark’s, Denmark’s Novo Nordisk, pharma, Thomson Locations: Oslo, Norway, Victoria, Denmark’s Novo

☆ Novo Nordisk, the maker of Wegovy and Ozempic is now Europe's most valuable company
▼ + stars: | 2023-09-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Novo Nordisk has dethroned Bernard Arnault’s luxury goods giant LVMH as Europe’s most valuable company. At the close of trading Monday, Novo Nordisk (NVO) had a market capitalization of 2.96 trillion Danish krone ($428 billion). “We are just scratching the surface,” Novo Nordisk CEO Lars Fruergaard Jørgensen told CNN’s Meg Tirrell in a recent interview. Novo Nordisk has raked in almost 49 billion Danish krone ($7 billion) in profit over the first six months of this year, up 30% from the same period in 2022. Booming sales of its drugs have led to an influx of US dollars into Denmark’s economy, pushing up the value of the Danish krone.

Persons: Bernard, Wegovy, Louis Vuitton, Hennessy, —, “, Steve Barclay, Carsten Snejbjerg, Lars Fruergaard Jørgensen, CNN’s Meg Tirrell, …, ” Organizations: London CNN — Novo Nordisk, Novo Nordisk, Louis, Health Service, Health, Social Care, Nordisk, Nordisk's, Bloomberg, Getty, World Health Organization, Danish krone, European Central Bank, Novo, UBS, Wegovy Locations: Danish, Ozempic, Wegovy, United States, Copenhagen, Denmark, Denmark’s, Novo Nordisk’s

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