COPENHAGEN, Feb 9 (Reuters) - Novo Nordisk's Frankfurt-listed shares rose 4.5% on Monday after telehealth firm Hims & Hers reversed its launch of a $49 compounded weight-loss pill over the weekend, following legal threats from Novo and the U.S. Food and Drug Administration.
Hims had introduced the pill on Thursday last week, based on semaglutide—a key ingredient in Novo's blockbuster drugs Wegovy and Ozempic—sparking pushback from the Danish... (continue reading...)
By Eduardo Baptista
BEIJING, Feb 9 (Reuters) - Alibaba's artificial intelligence chatbot Qwen has temporarily stopped issuing coupons due to customer overload, hampering a new campaign to promote the tool's capabilities beyond simply answering questions to assist shopping.
Qwen began offering coupons to users on Friday that allow for in-app purchases from Alibaba-owned retail platforms using chatbot prompts alone. The initiative is... (continue reading...)
BERLIN, Feb 9 (Reuters) - Germany's carnival season, whose celebrations will peak this week, is set to generate nearly 2 billion euros ($2.36 billion) in revenue this year, according to a study by the German Economic Institute (IW) seen by Reuters on Monday.
Sectors ranging from hotels and bars to costume retailers are set to benefit from the festivities, said the IW.
Nevertheless, sales are expected to come in about 100 million euros... (continue reading...)
Feb 9 (Reuters) - The death toll from the collapse of a residential building in the Lebanese city of Tripoli rose to 13, as rescue teams continued to search for missing people beneath the rubble, Lebanon's National News Agency reported on Monday.
Rescue workers in the northern city's Bab al-Tabbaneh neighbourhood have also assisted nine survivors, while the search continued for others still believed to be trapped under the debris, NNA said.
... (continue reading...)Feb 9 (Reuters) - A consortium led by holding firm Advent and FedEx has agreed to buy InPost for 15.60 euros per share, valuing the parcel locker company at 7.8 billion euros ($9.2 billion) and aiming to further expand its reach across Europe, the companies said on Monday.
InPost, which operates across nine countries including its home market Poland, has one of the largest European networks of automated parcel machines, or APMs. Since its Amsterdam... (continue reading...)
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