Novo Nordisk Extends Slide After Announcing Price-Cuts For Blockbuster Obesity Drugs

Germany To Scrap Subsidy For Rooftop Solar Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen. At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...

President Donald Trump’s decision to attack Iran will have significant consequences for the US economy.  On Thursday, the Organisation for Economic Co-operation and Development forecast that US inflation will exceed 4% in December. “The energy price surge and the unpredictable nature of the evolving conflict in the Middle East will raise costs and lower demand, […]

US Africa Command has announced that its forces launched another airstrike in Somalia on March 11 as the Trump administration continues its bombing campaign in the country amid the US-Israeli war against Iran. The attack marks at least the 44th US airstrike in Somalia this year. AFRICOM said the strike targeted al-Shabaab in the vicinity […]