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NatWest profit falls less than feared ahead of state escape

By Lawrence White LONDON (Reuters) -British bank NatWest’s first-quarter profit fell by a less than expected 27%, it said on Friday, having weathered a sector-wide squeeze on income from increased competition for savings, lending and mortgage products over the past year. Rising central bank interest rates and political and media attention on the rates banks…

EU watchdog seeks more data from GLP-1 drugmakers on suicidal thoughts

(Reuters) -The EU's drug watchdog will request more data from makers of a class of diabetes and weight-loss drugs including Novo Nordisk's popular therapies Ozempic and Wegovy to further investigate suicidal thoughts in some patients taking them. "While at this point no conclusion can be drawn on a causal association, there are several issues that still need to be clarified," the European Medicines Agency (EMA) said in a statement on Friday, making it the first major global regulator to provided an update on such reviews. EMA's Pharmacovigilance Risk Assessment Committee (PRAC) will discuss the topic again at its meeting in April 2024, it added.

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