Author: i2wtc

Mounjaro manufactured by Eli Lilly and Company packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 9, 2024.Nurphoto | Nurphoto | Getty ImagesEli Lilly on Thursday said its blockbuster diabetes drug Mounjaro showed heart health benefits in a late-stage trial directly comparing it to the company’s older diabetes treatment, Trulicity.Mounjaro met the study’s main goal of showing that it wasn’t any worse than Trulicity at treating people with Type 2 diabetes and established cardiovascular disease. Eli Lilly said it believes the new data bolsters the case for Mounjaro to be prescribers’ first choice for…

Amazon CEO Andy Jassy attends the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 9, 2025.Kevin Dietsch | Getty ImagesAmazon will report second-quarter results after the market close Thursday.Here’s what analysts surveyed by LSEG are expecting:Earnings per share: $1.33Revenue: $162.1 billionWall Street is also looking at other key revenue metrics:Amazon Web Services: $30.8 billion, according to StreetAccountAdvertising: $14.99 billion, according to StreetAccountThe company spooked investors in May when it warned in its earnings report that “tariff and trade policies,” as well as “recessionary fears,” could weigh on second-quarter results.Amazon CEO Andy Jassy said at the time…

Listen to article ISLAMABAD: As the fate of dozens of Pakistan Tehreek-e-Insaf (PTI) lawmakers hangs in the balance, Chief Justice of Pakistan (CJP) Yahya Afridi has taken cognisance of a letter written to him by Opposition Leader Omar Ayub, who urged the country’s top judge to ensure fair trials in the May 9 cases. The CJP opted not to take up the matter through judicial proceedings. Instead, he decided to meet Ayub personally in Peshawar, with the meeting expected to take place on Friday. However, sources have revealed that a verdict in a May 9-related case, wherein Omar Ayub is an accused,…

The logo of semiconductor design firm Arm on a chip.Jakub Porzycki | Nurphoto | Getty ImagesShares of Arm Holdings plunged 12% on Thursday after the chip designer offered muted guidance for earnings.Second-quarter adjusted earnings will be between 29 cents and 37 cents per share, Arm said late Wednesday. Wall Street had projected 35 cents per share.The company forecast second-quarter revenue of $1.01 billion to $1.11 billion, which was in line with consensus estimates of $1.05 billion.The concerning outlook was amplified by commentary from Arm CEO Rene Haas, who indicated the company is considering designing its own processors. Arm has made…

A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty ImagesThe Covid-19 pandemic turned Moderna and BioNTech into household names almost overnight. Now the two companies are on different paths.Both Moderna and BioNTech helped pioneer mRNA, or messenger RNA, technology. Moderna staked its entire identity around mRNA, while BioNTech saw it as one piece of a broader portfolio focused on immunology and oncology. The pandemic gave both companies a chance to prove mRNA’s promise of using the body’s own immune system to protect against viruses…

ISLAMABAD: Planning Minister Ahsan Iqbal has proposed to urgently review the National Finance Commission award and suggested freezing the population number at 241.5 million and including indicators such as water and climate vulnerabilities for the purpose of money distribution among the federating units. Iqbal made the recommendations to Prime Minister Shehbaz Sharif, urging him to review the 15-year-old award that has outlived its five-year constitutional life and requires a revision to ease “acute stress” on the federal government. The president of Pakistan is extending the award every year due to a disagreement between the provinces and the Center over the…

FRANCE’S Leon Marchand competes in the semi-final of the 200m individual medley during the World Aquatics Championships on Wednesday.—AFP SINGAPORE: Four-time Olympic gold medallist Leon Marchand returned to the global stage with a bang on Wednesday by shattering the 200 metres individual medley world record to light up day four of the world championships in Singapore. The “French Phelps” blasted through the World Aquatics Championships Arena in one minute, 52.69 seconds in his semi-final, shaving more than 1.3 seconds off Ryan Lochte’s long-standing 1:54.00 from the 2011 event in Shanghai. “I actually cant really believe it right now,” said Marchand,…

A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump’s global tariff regime.Trump has claimed he has the power to impose a vast array of new tariffs under the International Emergency Economic Powers Act. His use of that statute is the first time since it became law in 1977 that it has been invoked by a president to impose tariffs on imports from other countries, Plaintiffs in the case say the IEEPA contains no such tariff-setting authority for a president, and argue that Trump has usurped the power of Congress to set…

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit. Shares of the retail drugstore chain jumped more than 6% in morning trading Thursday.The company now expects fiscal 2025 adjusted earnings of $6.30 to $6.40 per share, up from previous guidance of $6 to $6.20 per share. CVS also cut its GAAP earnings guidance, without disclosing additional details.In an interview, CVS CEO David Joyner said the quarterly beat and guidance hike is in part “a tribute to the…

The success in wetland conservation has not only benefited China’s biodiversity, but also contributed to the health of cross-border ecosystems by integrating wetland protection with other environmental goals, such as migratory bird conservation.by Xinhua writers Xu Zheng, Tafara MugwaraVICTORIA FALLS, Zimbabwe, July 31 (Xinhua) — Amid growing global attention to wetland conservation, China’s efforts and achievements in this field are particularly eye-catching at the 15th Meeting of the Conference of the Contracting Parties to the Ramsar Convention on Wetlands (COP15), due to conclude here on Thursday.From building the world’s largest number of international wetland cities to achieving legislative breakthroughs and…