Pfizer wins early US approval of bid to take over obesity biotech Metsera
Move is a sign Washington may intervene in dramatic public battle with Novo Nordisk over coveted weight loss start-up
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US stocks ride AI hype and trade truce to 6-month winning streak
S&P 500 and Nasdaq post longest runs of monthly gains in years
Africa takes lead in emerging market rally as ‘real’ assets attract investors
Record metals prices, a weak dollar and painful reforms are paying off for the continent’s markets
Big Tech’s market dominance is becoming ever more extreme
In a week when Nvidia’s value reached $5tn, investors in even the broadest index of global companies are now heavily exposed to the AI boom
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of the impact.
Israeli energy minister stalls $35bn natural gas deal with Egypt
Eli Cohen claims he is holding up agreement to obtain better commercial terms but move has upset US