Latest Updates Around The World
Eli Lilly posted on Wednesday profit and turnover in the fourth quarter and 2026 guidance that exceeded expectations as demand for the hit weight-loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant expects its sales to reach between $80 billion and $83 billion by 2026. Analysts expected revenue of $77.62 billion, according to […]
Eli Lilly Chairman and CEO Dave Ricks speaks during a press conference in Houston, September 23, 2025. Antranik Tavitian | Reuters Eli Lilly said Friday it will spend more than $3.5 billion to build a factory in Pennsylvania’s Lehigh Valley that will help produce the next generation of obesity drugs. That includes a closely watched […]
Amid growing churn in high-growth parts of the market, investors’ focus is shifting from momentum-driven themes to valuation comfort and liquidity. The fast-paced trade, once a clear favorite, is now showing signs of fatigue as newcomers prepare to crowd an already frothy landscape. According to Sandeep Tandon, CIO at Quant Mutual Fund, the recent underperformance […]
The Indian market ended modestly lower on Monday, ending a two-session advance as weakness in auto and financial stocks continued. Sentiment remained vulnerable due to continued foreign outflows, uncertainty over a US-India trade deal and positioning ahead of the potential fallout from Mexico’s sweeping new tariff regime, as the rupee fell to a record low.The […]
Eli Lilly CEO David A. Ricks speaks at a news conference at Generation Park in Houston, Monday, September 23, 2025. The company announced plans for a $6.5 billion biomanufacturing plant in north Houston. (Raquel Natalicchio/Houston Chronicle via Getty Images) Raquel Natalicchio | Houston Chronicle | Getty Images Eli Lilly said Tuesday it will spend $6 […]
The United Kingdom has set a 0 percent tariff on all British medicines exported to the US for at least three years, officials say, in exchange for Britain spending more on new medicines. Under the deal, the US agreed to exempt pharmaceutical products, pharmaceutical ingredients and medical technology of British origin from import taxes, officials […]
ChrysCapital has raised the largest-ever private equity fund from a domestic PE firm after raising $2.2 billion for ChrysCapital X, the company said. This represents a jump of more than 60% compared to Fund IX’s $1.35 billion in 2022.Another private equity firm, Kedaara Capital, had last year raised India’s largest PE fund with a corpus […]
“The White House would be wise to push DTC programs as a way to lower costs while allowing America to remain the medicine chest of the world,” said health expert Sally Pipes. Getty Images The Trump administration wants to enable more Americans to purchase prescription drugs directly from manufacturers at transparent, discounted prices – collectively […]
Mexico dominates the American import of heavy trucks, accounting for 82.31% of the total this year. The United States also have its second largest shortage with Mexico. ustradenumbers.com Add heavy trucks and medicines to the Long list of import President Trump has focused on rates in his quixotic struggle to free the nation of his […]
