Koos Bekker Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days, according to regulatory disclosures. Filings published by Naspers and its European-listed subsidiary, global consumer technology investor Prosus, show that a family trust linked to Bekker disposed of shares in the two companies between 17…
Novo Nordisk shares received a much-needed end of the year boost as the Wegovy maker became the first drugmaker to secure approval of a GLP-1 pill for weight loss, in what one analyst called a “redemption for the investors” after the stock’s worst year ever. The U.S. Food and Drug Administration’s approval of Novo Nordisk’s…
LONDON — European stocks were largely positive on Friday as investors digest the end of a choppy month. The pan-European Stoxx 600 was up almost 0.2% by 4:00 p.m. in London (11:00 a.m. ET), with major bourses and most sectors in positive territory. November has been a volatile month for equities with fears of stretched…
The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark, on Wednesday, Nov. 5, 2025. Nichlas Pollier | Bloomberg | Getty Images Shares of Novo Nordisk on Monday fell as much 11% after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to meet its main goal. The trial tested whether semaglutide — the…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
Man and woman having a small business meeting in smart casual clothes Ippei Naoi | Moment | Getty Images One successful angel investor has revealed two red flags that prevent him from investing in a founder in the first meeting. Carles Reina is an angel investor who backed voice cloning AI startup Eleven Labs when…
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Japan’s benchmark Nikkei 225 rose 1.5% to a fresh record, after closing at an all-time high Monday. The Topix also added 0.73% to hit a record high. Broader Asia-Pacific markets also opened higher, tracking Wall Street gains, led by…
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender,…
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares…
Tesla’s shares took a hit on Thursday, slumping despite the automaker reporting a record quarter for global vehicle deliveries. The company delivered 497,099 vehicles worldwide in the most recent quarter, a 7.4% increase year-over-year, and a figure that significantly beat the Bloomberg consensus analyst estimate of ∼439,600. Read: Sony ULT Field 5 Review: ULTimately Based…
