Novo Nordisk says it's not immune to potential Trump tariffs, but business is well-positioned
ReutersFeb 5, 2025 10:51 AM
LONDON, Feb 5 (Reuters) - Wegovy maker Novo Nordisk NOVOb.CO is not immune to tariffs U.S. President Donald Trump is threatening to levy on the European Union, its chief executive said on Wednesday, but it is confident its business is well-positioned.
Novo Nordisk CEO Lars Fruergaard Jorgensen was speaking to journalists at the company's headquarters just outside Copenhagen after the company reported fourth-quarter earnings.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
BEST ETFs to BUY in July 2025
TradingKey - After a sharp V-shaped recovery in April and choppy gains through May, U.S. stocks accelerated their rally in June despite escalating Middle East tensions. The S&P 500 and Nasdaq Composite hit fresh year-to-date highs, underscoring the market’s resilience.TradingKey
Fri, Jul 4
Canada: Investment Opportunities in USD/CAD if Iran-Israel Conflict Reignites
TradingKey - Although the Iran-Israel conflict has subsided, a re-escalation could drive oil prices higher in the short term. As a major resource-exporting nation, the Canadian dollar (CAD) is closely tied to oil prices—higher oil prices typically strengthen the CAD.TradingKey
Mon, Jun 30
Prediction! Federal Reserve Chairman Jerome Powell's Next Move Will Be an Interest Rate Cut
The Federal Reserve must balance the risks of higher inflation with the risks of higher unemployment when making decisions on interest rates.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were..The Motley Fool
Thu, Jun 26
[Reuters Analysis] Iran oil doomsday in Hormuz may be more fear than reality: Bousso
LONDON, June 22 - U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be shReuters
Mon, Jun 23
Tradingkey
