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Weight-loss drugmaker to cut 11.5% of staff 5,000 job cuts in home country of Denmark Expects annual savings of $1.3 billion Will boost performance-based culture, CEO says Shares up 2.1% The ...

The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and consumer-focused market. By Eshe Nelson Novo Nordisk, the Danish drugmaker behind ...

Novo Nordisk, the maker of in-demand drugs Ozempic and Wegovy, said it will cut thousands of global jobs to simplify operations and reallocate resources toward its diabetes and obesity drugs as rivals ...

British American Tobacco shares slumped 8% as the cigarette maker said it will write down the value of its cigarette brands by £25 billion ($31.5 billion). The company UK:BATS BTI said the write-down ...

FRANKFURT, Germany — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the ...

Bharathi Cement, a subsidiary of Vicat France, on Wednesday said the full benefit of the reduction in Goods and Services Tax (GST) will be passed on to all the customers and business associates. “Our ...

The maker of Ozempic is slashing prices for U.S. patients who pay cash, a major shift in the fast-growing market for the drug. FRANKFURT, Germany — Danish pharmaceutical company Novo Nordisk, maker of ...

FRANKFURT, Germany (AP) — Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the ...