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MOSCOW (Reuters) -Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on Wednesday, citing preliminary data. The figure compares with a deficit of 0.6% of GDP in the same period of last year. The ministry …

Russian January-April budget deficit widens to 1.5% of GDP on accelerated spending Read More »

(Reuters) -Shares of Electronic Arts rose over 2% in early trading on Wednesday, after the gaming giant’s upbeat forecast eased concerns about slowing momentum and revived confidence in its blockbuster sports titles. EA’s forecast underscores the gaming industry’s confidence in sustained sales strength, even as U.S. tariffs stir up economic uncertainty and put consumer wallets …

EA shares gain as it scores big with upbeat forecast, ‘Battlefield’ release Read More »

By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN/LONDON (Reuters) -Drugmaker Novo Nordisk expects Wegovy weight-loss drug sales in the United States to start to recover once a ban on compound copycats is enforced this month, its CEO said on Wednesday after the company cut its 2025 forecasts. U.S. pharmacies that have been allowed to produce compounded …

Novo Nordisk hopes to see US Wegovy sales recover soon Read More »

(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS mobile platform, allowing users to ask for content in natural and everyday language. The updates arrive as the streaming giant seeks to maintain and expand its market share amid growing uncertainties and concerns about a …

Netflix to revamp TV app interface, launch AI-powered search for iOS users Read More »

By Gilles Guillaume PARIS (Reuters) – Renault’s limited-edition, electric remake of its iconic 1980 R5 Turbo petrol-engine hatchback, originally designed to compete in rally sports, drew 850 orders in its first week despite a 155,000 euro ($176,000) starting price, the carmaker said. Renault plans to sell only 1,980 units of the 555-horsepower Renault 5 Turbo …

Renault’s turbo hatchback EV racks up orders despite $176,000 price tag Read More »

(Reuters) – Slovakia and Hungary on Wednesday condemned European Commission plans to phase out Russian gas and other energy imports, deepening a rift with Brussels over relations with Moscow. The EU executive had said on Tuesday it would propose legal measures next month to phase out EU imports of Russian gas and liquefied natural gas …

Slovakia and Hungary reject EU plan to phase out Russian gas by end-2027 Read More »