BIS’s Carstens Urges EM Vigilance in Finishing Inflation Fight
Emerging markets have anticipated the cycle of high interest rates well and learned lessons from previous tightening episodes, according to the Bank for International Settlements.
Bloomberg Business
Eli Lilly’s Experimental Drug Drives Weight Down More Than Any Other
An experimental weight-loss shot from Eli Lilly & Co. yielded the strongest results of any treatment yet, another boost for the company’s efforts to dominate the burgeoning obesity drug market.
Mexico’s Opposition Follows AMLO’s Script to Pick 2024 Candidate With Informal Campaign
Mexican opposition parties will pick their candidate for next year’s presidential election by September, after an informal campaign similar to that launched by President Andres Manuel Lopez’s ruling coalition.
Blackstone Is Said to Weigh Offers for Stake in Bellagio Casino in Las Vegas
Blackstone Inc. is fielding offers for half of its interest in the real estate of the Bellagio hotel in Las Vegas, a property purchased almost four years ago for $4.25 billion.
The Race to Develop Weight-Loss Pills Has Some Drugmakers Falling Behind
Obesity shots like Wegovy are already a cultural phenomenon. Now it’s looking like pill forms of the drugs from Eli Lilly & Co. and Novo Nordisk A/S are just as good at helping people lose weight, setting the stage for even more explosive growth in the years ahead.
US Denies Any Role in Russia Uprising as Allies Watch and Wait
President Joe Biden sought to preempt any talk from President Vladimir Putin that the West provoked the mercenary rebellion that shook Russia over the weekend, saying the US and NATO had played no role and were still weighing its consequences.
Alibaba Turns to Little-Known Coder to Continue Jack Ma’s Legacy
Alibaba Group Holding Ltd. ushered through a parade of high-profile stewards over its 24-year history, from the larger-than-life Jack Ma himself to a succession of C-suite executives who frequent conference and diplomatic circles. But the man who rose to the top in last week’s abrupt management reshuffle is an enigma even to some of the Chinese e-commerce juggernaut’s longer-serving employees.
Witness List in Trump Classified Documents Case Should Be Public, Press Say
The judge overseeing the criminal case against Donald Trump over his handling of classified documents denied a government request to file under seal a list of dozens of potential witnesses who the former president has been barred from speaking to about the case.
NYC Is Cleared for First-in-US Congestion Tolls as Soon as April
A plan to charge motorists driving into New York City’s midtown Manhattan received final federal approval, a significant step that allows the first such tolling program in the US to roll out.
Biogen Elects Ex-Director’s Girlfriend to Board, Says Board Knew Ties
Biogen Inc. shareholders elected Susan Langer, 32, to the board Monday. The company said the board was aware of her relationship with former director Alex Denner prior to the vote.
