CVS Health cuts its 2024 profit forecast again
CVS Health cut its 2024 profit forecast due to persistently high medical costs in its business offering government-backed insurance plans, sending its shares down 4% before the market opened.
Novo Nordisk shares fall
Novo Nordisk cut its full-year earnings outlook after reporting weaker-than-expected quarterly sales of its popular weight-loss drug Wegovy, raising concerns among investors about growing competition from Eli Lilly. The results…
Walt Disney earnings beat market estimates
Walt Disney reported quarterly earnings that beat Wall Street expectations, boosted by the success of "Inside Out 2", which helped overcome an earnings slump at the theme parks. April-June operating…
Musk’s X accuses advertisers of boycotting platform
Elon Musk's social networking platform X sued a global advertising alliance and several major companies accusing them of illegally conspiring to boycott the site and cause it to lose revenue.…
Antitrust ruling on Google could put Apple at risk
A lucrative deal between Apple and Google could be under threat after a US judge ruled that the search giant was operating an illegal monopoly. One possible solution for Google…
UEFA fines Morata and Rodri for Euro celebrations
Spain players Álvaro Morata and Rodri received a one-match suspension for their behaviour during the Euro 2024 celebrations in Madrid last month. The players chanted "Gibraltar is Spanish" on 15…
China arrests woman suspected of “defaming” table tennis players
Police in Beijing arrested a woman suspected of posting defamatory comments about Chinese athletes and coaches after the women's singles table tennis final at the Paris Olympics. The suspect, surnamed…
Imane Khelif vows to make Algeria and the Arab world proud
Imane Khelif, the boxer at the centre of a gender dispute at the Paris Olympics, vowed to put the controversy behind her and make Algeria and the Arab world proud.…
British police prepare for anti-Muslim riots and counter-protests
British police are bracing for further anti-Muslim riots as far-right groups planned to attack asylum centres and immigration law firms across the country. This prompted anti-fascist protesters to organise counter-demonstrations.
Ukraine breaks through Russian border, sparks battles
Russia said it is fighting intense battles against Ukrainian forces that had penetrated Russia's Kursk region. It is one of the biggest incursions into Russia since the war began in…
