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GSKs Q4 Results Beat Market Estimate, sees 2024 Growth

Jan 31 Reuters GSK beat market estimates for fourthquarter profit and sales on Wednesday, underpinned by a strong launch of its respiratory syncytial virus RSV vaccine Arexvy and steady demand for its shingles shot and HIV medicines. The British drugmaker reported a profit of 28.9 pence per share on sales of 8.05 billion pounds 10.20 billion, […]
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Novo Nordisk sees FY Growth; Boosts Wegovy Supplies to U.S

COPENHAGENLONDON, Jan 31 Reuters Novo Nordisk on Wednesday forecast another year of doubledigit record sales and operating profit growth as it began easing restrictions on supply of its popular weightloss drug Wegovy. The company, which has raced to increase output amid shortages of Wegovy, said it started gradually increasing the supply of the lower dose strength […]
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Indias Maruti Suzuki Beats Q3 Profit View on Strong SUV Sales

BENGALURU, Jan 31 Reuters Maruti Suzuki India, the country39;s top carmaker by sales, reported a biggerthanexpected jump in thirdquarter profit on Wednesday, buoyed by strong demand for its sport utility vehicles SUVs. The company39;s profit after tax for the three months to Dec. 31 rose 33 to 31.3 billion rupees 377 million. Analysts, on average, […]
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European Shares Touch Fresh TwoYear Highs on Earnings Boost

BBVA gains on Q4 net profit rise Hapag Lloyd drops on worsethanexpected Q4 earnings France39;s CAC 40 hits record high STOXX 600 ends up 0.2 Jan 30 Reuters European shares closed slightly higher after hitting fresh twoyear highs on Tuesday, as investors drew comfort from upbeat corporate updates, while France39;s bluechip stock index hit a […]
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IMF Advises UK Against Further Tax Cuts

JOHANNESBURG, Jan 30 Reuters Britain39;s government should refrain from making further tax cuts given the longterm strains on the country39;s public finances, the chief economist of the International Monetary Fund IMF said on Tuesday. PierreOlivier Gourinchas said Britain faced big spending demands to fund health and social care and the country39;s transition to net zero […]
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IMF says Global Soft Landing in Sight, Lifts 2024 Growth Outlook

JOHANNESBURGWASHINGTON, Jan 30 Reuters The International Monetary Fund on Tuesday edged its forecast for global economic growth higher, upgrading the outlook for both the United States and China the world39;s two largest economies and citing fasterthanexpected easing of inflation. The IMF39;s chief economist, PierreOlivier Gourinchas, said the global lender39;s updated World Economic Outlook showed that […]
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