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Ozempic-maker Novo Nordisk to shake up board
Ozempic-maker Novo Nordisk to shake up board
by  AFP

Denmark's Novo Nordisk said Tuesday it would replace more than half of its board, including the chair, as the Ozempic and Wegovy maker restructures in the face of rising competition for its anti-obesity treatments.

Hermes taps British designer to lead its menswear line
Hermes taps British designer to lead its menswear line
by  AFP

French luxury company Hermes on Tuesday announced that a British designer, Grace Wales Bonner, is taking over its men's pret-a-porter collection from a predecessor who held the position for nearly four decades. Wales Bonner takes over from French designer Veronique Nichanian, 71, who led the label's menswear line for the past 37 years.

Maradona's heirs sign deal with Swedish company to market brand
Maradona's heirs sign deal with Swedish company to market brand
by  AFP

The five heirs to Argentinian football legend Diego Maradona, who died in 2020, have signed a deal with Swedish-Iranian businessman Ash Pournouri and his company Electa Global to market products under the Maradona name, the Swedish company said Tuesday.

US tariffs take big bite out of Swiss exports
US tariffs take big bite out of Swiss exports
by  AFP

Stiff US tariffs on Switzerland badly hurt the Alpine country's exports in the third quarter, official figures showed Tuesday, with Swiss watchmakers suffering badly. First-quarter exports soared as orders for Swiss pharmaceuticals jumped in the US, where American importers were rushing to get ahead of Trump's tariffs.

UK borrowing hits five-year high ahead of budget
UK borrowing hits five-year high ahead of budget
by  AFP

UK government borrowing reached a five-year high in September, official data showed Tuesday, adding pressure to the government ahead of its annual budget. The public deficit between April -- the start of the UK fiscal year -- and September hit £99.8 billion ($133.6 billion), the Office for National Statistics (ONS) said in a statement.