US economy grew at solid 2.8% pace last quarter on strength of consumer spending, but misses expectations newsthirst.

The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg) Wednesday’s report from the Commerce Department said the gross domestic…

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Novo Nordisk shares plunge 20% after disappointing trial results; Lilly jumps newsthirst.

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…

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ASML earnings report Q4 2024 newsthirst.

A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor giant ASML on Wednesday reported a big jump in fourth-quarter net bookings, suggesting strong demand for its advanced chipmaking tools even as DeepSeek’s low-cost model raises concerns…

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Mozambique’s opposition leader vows to install himself as president newsthirst.

Mozambique’s main opposition leader, Venâncio Mondlane, has declared that he will install himself as president on 15 January after rejecting his defeat in presidential elections. His announcement came as his supporters staged violent protests across the country to demand an end to the 49-year-rule of the Frelimo party. The capital Maputo was like a ghost…

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Boy, 13, charged with attempted murder as Coles worker fights for life after alleged Queensland stabbing | Queensland newsthirst.

A 13-year-old boy has been charged with attempted murder after an alleged stabbing of a Coles employee. Police allege the teenager approached the 63-year-old woman while she was working at the supermarket in Ipswich’s Yamanto Shopping Centre, south-west of Brisbane, and stabbed her in the back with a knife before attempting to flee the scene….

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