Keywords: Loss
Escalating conflict in the Middle East could reduce economic output across Asia Pacific by up to 3 percent in a prolonged war scenario, according to a new assessment by Moody’s Analytics. The report projects regional growth slowing to 4 percent in 2026 from 4.3 percent in 2025, with further moderation......
Eli Lilly said its experimental drug retatrutide met all primary and secondary endpoints in a phase 3 clinical trial for type 2 diabetes, delivering significant reductions in blood sugar and body weight over 40 weeks. The TRANSCEND-T2D-1 trial involved 537 adults whose diabetes was not adequately controlled......
Fisherman Helgi Áargil says the waters of Greenland’s fjords have become increasingly unpredictable. Last year his boat became trapped in ice that broke away from a nearby glacier. This year the weather has been unusually wet. Some fishing trips bring him around 100,000 Danish kroner, about......
Australian Formula One driver Jack Doohan has said he received multiple death threats and encountered armed men shortly before losing his seat with Alpine in 2025. The claims appear in the latest season of Netflix’s Drive to Survive, released this week, shedding light on the off-track pressures......
Stellantis has reported a record €22.3 billion net loss for the 2025 fiscal year, marking the worst result in the automaker’s history. The results reveal the high financial toll of dismantling its costly electric vehicle expansion strategy, a move that led to €25.4 billion in charges......
Renault Group has reported a net loss of €10 billion, a headline figure that contrasts sharply with what executives describe as one of the strongest financial positions in the company’s history. The discrepancy is largely the result of exceptional accounting charges tied to Renault’s......
Michael Cannon-Brookes and Scott Farquhar, cofounders of Atlassian, have seen an estimated $7.2 billion wiped from their combined fortunes this year as investor anxiety over artificial intelligence disrupts global software stocks. The losses represent roughly one third of their collective wealth in......
Andrea Pignataro, the Italian billionaire who built one of Europe’s largest financial software groups, has entered the heated debate over artificial intelligence and its impact on the software industry, arguing that markets are fixated on the wrong danger. In a commentary published on February......
Gold tumbled sharply and silver posted one of its steepest daily losses in months after stronger than expected US employment data dampened hopes for imminent interest rate cuts by the Federal Reserve, triggering heavy selling across precious metals markets. Spot gold dropped more than 3 percent on Thursday,......
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