Nicolas Thomas
Journalist
Novo Nordisk Sues South African Manufacturer Over Semaglutide Copies
Novo Nordisk has filed a lawsuit in the Pretoria High Court seeking to block iDexis, a compounding pharmacy, from manufacturing and marketing products containing semaglutide, the active ingredient in Wegovy and Ozempic. The Danish pharmaceutical giant contends these products are "unregistered and untested," citing grave concerns regarding patient safety, drug quality, and regulatory compliance. The company is requesting an immediate injunction against these activities pending a final judicial ruling on the merits of the case.
June 10, 2026 at 05:04 pm
Mercedes-Benz threatened by U.S. bill targeting China-linked groups
Mercedes-Benz could face a ban on producing, selling, or importing new vehicles in the United States under a bipartisan bill currently being considered by Congress. Titled the Motor Vehicle Modernization Act of 2026, the legislation aims to reduce Chinese influence in the American automotive industry by targeting manufacturers whose capital includes a direct or indirect stake held by a government considered an adversary of the United States. Several experts believe that Mercedes-Benz could fall within the scope of this measure.
May 29, 2026 at 09:04 pm
Indra CEO to Step Down Following Governance Tensions
Spanish defense group Indra has announced that the contract of its CEO, Jose Vicente de los Mozos, will not be renewed, coming just one month after the resignation of Chairman Angel Escribano. In a filing with the stock market regulator, the company specified that the executive will remain in his position until a successor is appointed. Indra is 28% owned by the Spanish state through the public holding company SEPI.
May 18, 2026 at 11:07 pm
EQT Raises Bid One Last Time in Pursuit of Intertek Acquisition
Swedish private equity firm EQT has submitted a final takeover bid valuing Intertek at £9.4bn, or approximately $12.7bn, following the rejection of three previous proposals by the British group. Should the deal proceed, it would rank as the second-largest UK acquisition ever completed by a private equity firm. Intertek stated it is currently reviewing this fourth improved offer, as its shares rose roughly 6% on the London Stock Exchange, though they remain below the proposed offer price.
May 12, 2026 at 04:51 pm
TotalEnergies, QatarEnergy and ConocoPhillips assess offshore project in Syria
TotalEnergies, QatarEnergy and ConocoPhillips have signed an agreement with the Syrian Petroleum Company to launch a technical study on offshore Block 3, located off the coast of Latakia, Syria. This memorandum of understanding establishes a framework for discussions regarding potential commercial exploration. The initiative aligns with the new Syrian government's strategy to attract foreign investment into an energy sector severely weakened by years of civil war and international sanctions.
May 12, 2026 at 04:38 pm
PrimeStone ramps up pressure on Intertek following rejection of EQT bid
Activist investor PrimeStone Capital has called on Intertek's board to engage in "constructive" discussions with Swedish private equity firm EQT after the rejection of several sweetened takeover offers. In a letter published Monday, PrimeStone, which claims to hold approximately 0.5% of the British group's capital through its advised funds, argued that Intertek should grant limited data access to facilitate due diligence and adopt a more realistic stance regarding its valuation.
May 12, 2026 at 10:46 am
PrimeStone Increases Pressure on Intertek Following Rejection of EQT Bid
Activist investor PrimeStone Capital has urged the board of Intertek to engage in constructive discussions with Swedish private equity firm EQT after the rejection of several sweetened takeover offers. In a letter published Monday, PrimeStone, which holds approximately 0.5% of the British group through its advised funds, argued that Intertek should grant limited data access for due diligence and adopt a more realistic stance regarding its valuation.
May 11, 2026 at 09:59 pm
Commodities: Copper and lead are standing out
Copper prices were little changed on the LME on Thursday, supported by a weakening dollar, signs of robust demand in China and hopes for a de-escalation of the conflict between the US and Iran. However, the market remains cautious, pending further geopolitical news.
May 07, 2026 at 02:50 pm
Universal Music to Cut Its Stake in Spotify and Step Up Share Buybacks
The music group is recalibrating its financial strategy by selling part of its holding in the streaming platform, while boosting share repurchases and maintaining its commitments to artists.
April 29, 2026 at 09:22 pm
Apple prepares for leadership transition focused on product and strategic prudence
As he prepares to take office, Apple's incoming CEO John Ternus embodies a pragmatic, hardware-centric innovation approach, contrasting with the massive artificial intelligence commitments of his competitors.
April 21, 2026 at 02:14 pm
Novo Nordisk cuts Wegovy prices to win over uninsured patients
The Danish drugmaker is stepping up its US commercial strategy as competition from Eli Lilly intensifies. It is betting on subscription offers and telemedicine partnerships to broaden access to its treatment.
March 31, 2026 at 05:14 pm
Webuild shares slide following disappointing 2026 outlook
Italian construction group Webuild reported better 2025 results, although its outlook for 2026 disappointed investors, causing its shares to tumble, down nearly 9% by noon. Operating profit (EBITDA) rose 18% to EUR1.16bn. Annual adjusted net profit increased by 13% to EUR280m, while revenue grew by 15% to EUR13.6bn.
March 12, 2026 at 04:50 pm
Discover our authors
Chief Editor
Journalist
Analyst
Analyst
Journalist
- Stock Market
- Our authors
- Nicolas Thomas
Choose MarketScreener 
