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Wegovy, Ozempic: UK investigating suicide risks

Packages of the weight-loss drug Wegovy from the pharmaceutical company Novo Nordisk lie on the sales counter in a Danish pharmacy. Stefan Trumpf | Picture Alliance | Getty Images U.K. health authorities on Wednesday said they are reviewing obesity and diabetes drugs like Novo Nordisk‘s Wegovy and Ozempic after some …

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Britain’s richest man says Brexit was not good for the UK, backs Sunak

Billionaire businessman Gopichand Hinduja, chairman of the Hinduja Group. Aaron Chown | Pa Images | Getty Images LONDON — Britain’s wealthiest man, Gopichand Hinduja, condemned the U.K.’s departure from the European Union, but threw his backing behind Prime Minister Rishi Sunak’s ability to revive the country’s ailing economy. The Indian-born …

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Airline cargo revenue declines are actually good news

An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is slumping. That’s a sign of good news for travel recovery. Delta, United and American this month each reported year-over-year declines of about 40% in their second-quarter cargo revenue. For the first half …

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Heatwave in Italy sees temperatures near a European record

An unrelenting heatwave stretching across southern Europe is expected to push temperatures close to a record on Tuesday, with emergency workers in Spain, Greece and the Swiss Alps battling to contain wildfires. Italy, Spain and Greece are all forecast to see the mercury shoot above 40 degrees Celsius (104 Fahrenheit) …

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Most outsourced coders in India will go in 2 years

OpenAI Dall E 2 on a phone with an AI brain illustration seen on the screen behind. Jonathan Raa | Nurphoto | Getty Images Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said. Mostaque, on a …

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Russia axes landmark Ukraine grain deal just hours before deadline

Bulk carriers are docked at the grain terminal of the port of Odessa, Ukraine, on April 10, 2023. Bo Amstrup | Afp | Getty Images Russia on Monday said it had suspended a humanitarian corridor to deliver key Ukrainian grains to global markets, hours before the agreement’s expiry. First inked …

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NATO and Ukraine’s clash over aid reveals strained dynamic

Ukrainian President Volodomyr Zelenskyy and U.S. President Joe Biden. Sean Gallup | Getty Images News | Getty Images NATO and Ukraine clashed publicly for the first time this week. At a gathering in Vilnius, Lithuania, with all the 31 members of NATO, there were clear frictions between Kyiv and the …

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2-year fixed rate hits 6.66%, highest since 2008

Residential properties are pictured in an aerial view on June 26, 2023 in Enfield, England. According to data from the Financial Conduct Authority, borrowers in the London Borough of Enfield have the biggest mortgages relative to their income in the U.K. Carl Court | Getty Images News | Getty Images …

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Qatar Airways reports record revenues, bolstered by FIFA World Cup

Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images Qatar Airways announced record annual revenue Thursday after the company’s finances were bolstered by the FIFA World Cup, which was hosted in Qatar last year. Qatar Airways Group reported that passenger revenue was up 100% …

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TotalEnergies CEO defends oil and gas strategy after climate protests

The chief executive of TotalEnergies defended the firm’s greenhouse gas emissions strategy, saying the company remains committed to oil and gas despite repeated warnings that increasing fossil fuel production will only make matters worse. Speaking to CNBC’s Dan Murphy in Vienna, Austria on the sidelines of an OPEC conference, TotalEnergies …

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