Category: business
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Eli Lilly Partners with Cipla to Launch Blockbuster Weight-Loss Drug Yurpeak in India
Eli Lilly and Cipla Join Forces to Launch New Weight-Loss Drug “Yurpeak” in India BENGALURU, October 23, 2025 — In a major development for India’s pharmaceutical and healthcare sectors, Eli Lilly and Company (LLY.N) has entered into a strategic partnership with Indian drugmaker Cipla Ltd. (CIPL.NS) to market its globally popular weight-loss and diabetes treatment…
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Indian Rupee Holds Steady as Dollar Selling Offsets Importer Hedging; RBI Seen Defending Key 88 Level
Rupee Trades in Tight Range Amid Mixed Market Forces MUMBAI, October 23, 2025 — The Indian rupee remained trapped in a narrow trading range on Thursday, as foreign equity inflows and dollar-selling by state-run banks balanced out importer hedging demand for the U.S. dollar. The local currency eventually closed marginally higher, continuing its recent pattern…
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Wall Street Futures Flat After Tesla and IBM Earnings Misses; Investors Eye U.S.-China Trade Tensions and Inflation Data
Wall Street Futures Muted as Tesla and IBM Results Disappoint Investors NEW YORK, October 23, 2025 — U.S. stock futures were subdued on Thursday, as disappointing earnings from Tesla and IBM weighed on investor sentiment. Meanwhile, escalating U.S.-China trade tensions and a lack of key economic data due to the ongoing government shutdown added to…
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Atlas Copco Reports Slight Profit Decline, Maintains Stable Outlook for Global Demand
Atlas Copco’s Q3 Profit Dips Less Than Expected, Demand Seen Steady Short-Term STOCKHOLM, October 23, 2025 — Swedish industrial powerhouse Atlas Copco (ATCOa.ST) reported a slight decline in third-quarter profit on Thursday, though the results came in better than analysts expected. The company said that global customer demand remains stable in the short term, signaling…
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Swiss National Bank Holds Rates Steady, Confident Inflation Will Stay in Check
Swiss National Bank Maintains 0% Rate, Expresses Confidence in Inflation Outlook ZURICH, October 23, 2025 — The Swiss National Bank (SNB) remains confident that inflation will stay within its 0–2% target range, according to the minutes of its most recent monetary policy meeting released on Thursday. The central bank reiterated that there was no need…
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IBM Shares Slide as Cloud Growth Slows, Raising Investor Concerns Over AI and Hybrid Cloud Strategy
IBM Shares Fall on Slower Cloud Growth and Investor Jitters NEW YORK, October 23, 2025 — International Business Machines Corp (IBM) shares tumbled nearly 7% in premarket trading on Thursday after reporting slower growth in its core cloud software division, triggering anxiety among investors about Big Blue’s ability to maintain momentum in the fast-expanding AI…
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Nokia CEO Justin Hotard Sees AI Supercycle Echoing 1990s Internet Boom — But Says It’s Not a Bubble
Nokia CEO Says AI Marks the Start of a Global Supercycle ESPOO, Finland, October 23, 2025 — Nokia CEO Justin Hotard believes the ongoing surge in artificial intelligence investment marks the beginning of a long-term “AI supercycle” comparable to the internet revolution of the 1990s. In an interview with Reuters, Hotard said that while some…
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Taiwan Targets 2026 Growth Above 3% Amid Global AI Boom
Taiwan Confident in Surpassing 3% Growth Target in 2026 TAIPEI, October 23, 2025 — Taiwan’s government expects its economy to expand by more than 3% in 2026, boosted by booming global demand for artificial intelligence (AI) applications and continued strength in the semiconductor industry, according to Economic Affairs Minister Kung Ming-hsin. Speaking to reporters in…
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Foreign Investors Flock to Japan Stocks as Sanae Takaichi’s PM Bid Sparks Stimulus Hopes
Foreign Investment in Japan Stocks Soars Ahead of Historic Prime Minister Vote TOKYO, October 23, 2025 — Global investors are pouring billions into Japanese equities as political momentum builds behind Sanae Takaichi, poised to become Japan’s first female prime minister. Anticipation of her victory — and her promise of pro-growth, fiscally accommodative policies — has…
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Tesla Shares Dip as Profit Miss Raises Investor Concerns Amid Rising Costs and Tariff Pressures
Tesla Shares Dip as Profit Miss Raises Investor Concerns Amid Rising Costs and Tariff Pressures SEO Keywords: Tesla share price, Tesla stock falls, Tesla Q3 earnings, Elon Musk Tesla, Tesla profit miss, Tesla EV sales, Tesla Model Y, Tesla Model 3 price cuts, Tesla Trump tariffs, Tesla AI strategy, Tesla compensation vote, Tesla investors, EV…
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