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Analysis: Investors see big Novo Nordisk stock boost if obesity drug shows heart benefit

Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not just lose weight, could propel Europe's best-performing stock even higher, according to 10 investors and industry analysts interviewed by Reuters. ....

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Hot money is cold comfort for China shares

Money flowing into the People's Republic is getting uncomfortably hot. Chinese equities enjoyed renewed foreign interest since the start of 2023. Yet recent reversals in New York, Hong Kong and Shanghai suggest that is driven by fickle short-term funds – exactly what Beijing doesn’t want. ....

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From caviar to cardboard cutouts, businesses hope for coronation boost

From tins of caviar to a celebration beer, businesses are seeking to entice royal fans with a slew of products marking the coronation of Britain's new monarch. ....

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Sudan conflict threatens supply of key soft drink ingredient gum arabic

Sudan's eruption into conflict has left international consumer goods makers racing to shore up supplies of gum arabic, one of the country's most sought-after products and a key ingredient in everything from fizzy drinks to candy and cosmetics. ....

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Spirits maker Remy Cointreau says weak US demand to hit 1H 2023-24 sales

French spirits group Remy Cointreau predicted sales would remain stable in financial year 2023-2024, reflecting weak U.S. demand in the first half but a recovery in China, disappointing investors who drove its shares down as much as 8%. ....

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