Trump Sets Xi Meeting Date As Clock Ticks On Iran War Offramp

As a US attack on Iran appears increasingly likely, White House Press Secretary Karoline Leavitt claimed on Wednesday that there are “many reasons” for the US to bomb the country, but declined to elaborate further, as the administration hasn’t given a coherent reason for the potential war. Leavitt made the comments when asked why a […]

"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival Shares of Novo Nordisk A/S plummeted again on Monday after the company reported trial results showing its next-generation obesity shot, CagriSema, delivered 20.2% weight loss at 84 weeks, compared to 23.6% for Eli Lilly & Co.’s tirzepatide (Zepbound). Bloomberg Intelligence analyst Michael Shah explained, "This outcome is the worst-case scenario for Novo and heightens the need for M&A with Novo’s other GLP-1/Amylin drug." Shares of Novo in Copenhagen plunged as much as 16.5%, breaking below a support level...

Iran Strikes Covert Missile Deal With Moscow In Backchannel Rearmament Iran is squarely in the Trump administration's crosshairs, and both Russia and China are to some degree coming to Tehran's aid with some significant arms deals meant to potentially stave off future attack. Most significantly, the Financial Times is reporting that Russia will supply the Iranians with thousands of advanced shoulder-fired missiles in a deal worth 500 million Euros. via ReutersIt's said to be part of a broader effort to rebuild Iran's air defenses, which were heavily destroyed and retarded by Israeli-US airstrikes in the last...