News
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Viking Therapeutics' oral weight-loss pill meets expectations in mid-stage study
Aug 19 (Reuters) - Viking Therapeutics VKTX.O said on Tuesday its experimental weight-loss pill helped patients with obesity lose nearly 12.2% of their body weight on average over 13 weeks in a mid-stage study.Analysts ahead of the results had expected weight loss in the range of 10% to 15% on aver...Reuters
Tue, Aug 19
EU says draft joint statement on trade and tariffs sent back to US
BRUSSELS, Aug 19 (Reuters) - The European Commission, which last week received a text from the U.S. administration with suggestions about finalising a joint statement on trade and tariffs, has sent back the draft to the US, a European Commission spokesman said during a daily press conference on Tues...Reuters
Tue, Aug 19
Work within 'Coalition of the Willing' has started but no decisions yet, Finland says
HELSINKI, Aug 19 (Reuters) - Finland's Foreign Minister Elina Valtonen said on Tuesday that nations in the "Coalition of the Willing" had begun work on a framework for security guarantees for Ukraine but that no decisions have yet been made on what these would comprise."There have be...Reuters
Tue, Aug 19
Canada approves Ozempic to reduce risk of diabetic kidney disease progression
Aug 19 (Reuters) - Canada's health regulator has approved Novo Nordisk's NOVOb.CO diabetes drug, Ozempic, for reducing the risk of kidney failure and disease progression, as well as death due to heart problems in diabetes patients with chronic kidney disease, the Danish drugmaker said on Tue...Reuters
Tue, Aug 19
Russia bombards Ukrainian city hours after Washington summit
Attack on Kremenchuk followed talks in WashingtonKremenchuk mayor says Putin does not want peaceRussian attacks largest bombardment this month, Ukraine saysMoscow hit Ukrainian energy facilities Russia says Ukraine hit a Russian oil refinery By Anastasiia Malenko, Max Hunder and Lidia Kelly KYIV,...Reuters
Tue, Aug 19
Morning News Call - U.S., August 19
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Tue, Aug 19
Budweiser maker Anheuser-Busch to invest $15 million in US brewery
Aug 19 (Reuters) - Anheuser-Busch InBev ABI.BR, BUD.N said on Tuesday that it would invest $15 million in its U.S. brewery, at a time when President Donald Trump is pushing to boost domestic production.This move is part of Anheuser-Busch's $300 million investment announced in May to create and s...Reuters
Tue, Aug 19
Medtronic Outlook FY26 ADJ EPS $5.60 To $5.66
Aug 19 (Reuters) - Medtronic PLC MDT.N:MEDTRONIC Q1 ADJUSTED EPS $1.26 VERSUS. IBES ESTIMATE $1.23MEDTRONIC Q1 REVENUE $8.6 BILLION VERSUS. IBES ESTIMATE $8.38 BILLIONMEDTRONIC OUTLOOK FY26 DILUTED ADJUSTED EPS $5.60 TO $5.66MEDTRONIC REITERATES FY26 ORGANIC REVENUE GROWTH GUIDANCEMEDTRONIC: WELL PO...Reuters
Tue, Aug 19
Medtronic raises annual profit forecast on lower tariff impact
Aug 19 (Reuters) - Medical-device maker Medtronic MDT.N raised its fiscal 2026 profit forecast on Tuesday and said it expects a smaller-than-expected impact from the tariffs proposed by U.S. President Donald Trump. The Galway, Ireland-based company expects annual adjusted profit between $5.60 and $5...Reuters
Tue, Aug 19
Swiss army knife maker Victorinox considers production shift to ease U.S. tariffs
BERLIN, Aug 19 (Reuters) - Victorinox, maker of Swiss army knives, is considering moving part of its production to the United States to lessen the impact of import tariffs on its business, the company's CEO told German business magazine WirtschaftsWoche."We are looking into carrying out dire...Reuters
Tue, Aug 19
Healthcare services provider Premier beats Q4 revenue estimates
OverviewPremier fiscal Q4 revenue decreases 12% yr/yr but beats analyst expectationsAdjusted EPS for fiscal Q4 beats consensus, despite contract renewal challengesCo completes $200 mln accelerated share repurchase program, returning capital to shareholdersOutlookPremier expects fiscal-year 2026 net ...Reuters
Tue, Aug 19
United Fire adds Spencer to board
By Ashish TiwariAug 19 - (The Insurer) - United Fire Group (UFG) has appointed Gilda Spencer as an independent class A director, effective August 15, expanding its board to 12 members.In an announcement on Monday, UFG said Spencer will also serve on the insurer’s risk management and compensation and...Reuters
Tue, Aug 19
China's Xpeng expects quarterly revenue to double on strong demand for its EVs
Aug 19 (Reuters) - Chinese electric vehicle maker Xpeng 9868.HK on Tuesday forecast third-quarter revenue would double, betting on surging deliveries of its cars despite challenging economic conditions.Xpeng has been able to drum up demand for its diverse lineup of electric cars, helped by governmen...Reuters
Tue, Aug 19
