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07/08/2025
In the second quarter, Novo Nordisk's revenue reached 76.86 billion Danish kroner; revenue for the first half of the year was 154.944 billion Danish kroner.
Latest
2 m ago
Chile's National Copper Company is seeking to restart operations at Chilean copper mines following a collapse in the mine.
4 m ago
The Bank of England may cut interest rates for the fifth time in 12 months on Thursday, but continued concerns about inflation could lead to disagreement among its decision-makers and make the outlook for its next steps unclear. Governor Andrew Bailey and a majority of members of the Monetary Policy Committee are expected to support lowering the bank rate from 4.25% to 4%. They are making this decision due to slowing employment growth exacerbated by increased taxes for employers and the trade war initiated by US President Donald Trump. However, two members of the Monetary Policy Committee may propose a larger rate cut to boost the economy, while two others may oppose a cut due to concerns about inflation. This voting pattern, last seen in May, reflects the conflicting pressures facing the Bank of England. Investors will closely watch whether the Bank of England will stick to its "gradual and cautious" approach to reducing borrowing costs. Economists generally interpret this approach to mean that rates will be cut once every three months.
4 m ago
China Construction Machinery Industry Association: In July, the main products of construction machinery had a monthly utilization rate of 56.2%, a year-on-year decrease of 6.72 percentage points.
5 m ago
Under the influence of climate, the coverage rate of hard corals in the Great Barrier Reef has significantly decreased.
5 m ago
Samsung will produce the next generation of chips for Apple at a factory in Texas, USA.
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