Investing

Shares of Danish pharmaceutical giant Novo Nordisk surged close to 14% on Friday after the company announced positive results from early-stage trials for its once-weekly obesity treatment, amycretin. The drug…

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By Carolina Mandl NEW YORK (Reuters) – The hedge fund industry ended 2024 with $4.51 trillion in assets under management, a 9.75% increase from the previous year, research firm HFR…

(Reuters) -Diageo, the world’s top spirits maker, is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH’s drinks unit, Moet Hennessy, Bloomberg…

By Nell Mackenzie LONDON (Reuters) – Half of the global investors surveyed by Bank of America’s prime brokerage department plan to allocate more money to hedge funds this year, while…

By Niket Nishant and Manya Saini (Reuters) – The tepid reception to Venture Global’s ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts…

Investing.com — As the U.S. economy and equity markets thrive halfway through the decade, UBS analysts suggest 2025 will be pivotal in determining whether the “Roaring ‘20s” economic regime can continue…

By Libby George and Karin Strohecker LONDON (Reuters) – Foreign investors are flocking to Turkey’s local debt markets, saying they are impressed by interest rate cuts and easing inflation and…