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Pfizer Halts Promising Weight Loss Pill Trial Following Liver Injury Incident

Pfizer Inc. stops development of weight loss pill danuglipron after a trial participant suffers liver injury. The company pledges to continue research into obesity treatments, high...

Business

Goldman Sachs Surpasses Expectations with a 6% Revenue Jump to $15.1B in Q1 2025

Goldman Sachs reports a 6% increase in Q1 2025 revenue to $15.1B, surpassing estimates. EPS rose by 22% to $14.12, with net earnings up 17% to $4.7B. CEO David Solomon highlights t...

Business

Goldman Sachs Surpasses Expectations with a 6% Revenue Jump to $15.1B in Q1 2025

Goldman Sachs announced a 6% revenue increase to $15.1B in Q1 2025, outperforming expectations with a 22% rise in EPS and 17% in net earnings. Shares grew by 2.56% premarket.

Business

Pfizer Halts Weight Loss Pill Trial Following Liver Injury Incident in Participant

Pfizer Inc. has discontinued the development of its weight management pill, danuglipron, after a trial participant experienced liver injury. The company remains focused on advancin...

Business

Indian Shrimp Exporters Breathe Easier: Over 35,000 Tonnes Set for US Amid Tariff Relief

Indian shrimp exporters are preparing to send over 35,000 tonnes to the US after a tariff pause, bringing relief and allowing delayed shipments to proceed. The US remains India's l...

Business

Lodha Brothers Reach Amicable Resolution in High-Profile Brand Name Dispute

The Lodha brothers, Abhishek and Abhinandan, have resolved their dispute over the 'Lodha' and 'Lodha Group' brand names through mediation, with each retaining rights to their respe...

Business

The Hunt Ends: Mehul Choksi, Key Figure in $2 Billion PNB Scam, Arrested in Belgium After Eluding Capture for Years

Fugitive diamond merchant Mehul Choksi, central to the Rs 14,000 crore PNB scam, has been arrested in Belgium after years on the run. Detained from a hospital, his capture follows ...

Business

Germany Greenlights UniCredit's Strategic 29.99% Stake in Commerzbank

Germany's Federal Cartel Office approves UniCredit's 29.99% stake in Commerzbank, a move previously authorized by the European Central Bank, signaling a significant consolidation i...