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The Financial Stability Board wants regulators to tighten up their supervision of private credit amid fears of growing stress in the sector.
Source
CNBC
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Novo Nordisk raised its outlook for 2026 after a strong performance from its newly launched Wegovy pill.
Next Plc raised its profit and sales outlook as the British fashion and homewares retailer saw robust demand at the start of the year, even as estimated costs related to the conflict in the Middle East tripled.
J D Wetherspoon Plc issued its third profit warning this year as higher costs eat into pub earnings.
Diageo Plc’s sales unexpectedly rose in the latest quarter as growth in Africa and Latin America was enough to offset significant weakness in the US.
