Dow Jones Top Company Headlines at 7 am ET: Novo Nordisk Seeks Injunction Against Eli Lilly in Dispute over Weight-loss Ads | EU ...

Dow Jones07-24 19:00

Novo Nordisk Seeks Injunction Against Eli Lilly in Dispute Over Weight-Loss Ads

Friday's preliminary injunction request escalates legal proceedings initiated earlier this week.

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EU Says TikTok's Accounts for Minors May Breach Bloc's Digital Rulebook

The European Commission provisionally found TikTok's rules for minors' accounts didn't meet its bloc's safety standards.

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Reckitt to Offload Sanctions-Hit Russian Hygiene Business

The deal with Russia's Arnest Management-which manufactures cosmetics and household goods-is expected to complete during the second half of 2026.

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SAP Shares Jump After Strong Quarter Reassures Investors of Cloud Business Resilience

Shares climbed after the group logged strong revenue figures, reassuring investors that growth at its cloud business remained healthy despite fears of AI disruption.

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Volkswagen Cuts Sales and Delivery Forecasts as Challenges Mount

The automaker expects deliveries to fall and for sales this year to be flat or decline 3%, after having previously guided for flat to 3% growth.

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Big Banks Are Wading Back Into Commercial Real-Estate Lending

Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults.

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Nike's Sneakerhead Market Share Is Slipping. That's Good for Its Stock.

Losses to Asics are offset by gains in the more durable performance category.

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Wise Group shares tank after U.S. bank charter rejected. What's next for the fintech.

Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.

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Inside China's All-Out Push to Catch Up With American AI Chips

Xi confidant leads fevered effort for domestic alternatives to win AI race. Chinese AI companies get warned that anyone who resisted using local chips was a traitor.

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HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion

HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.

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Argan, WDP to Create $14.8 Billion European Logistics Real Estate Group

French warehouse specialist Argan and Belgian peer WDP agreed to create a logistics real estate company, the latest move toward consolidation in the European sector.

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Newmont Reports Higher Profit Despite Lower Gold Prices

The gold-mining company said it remains on track to meet its full-year guidance.

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AMD's rivalry with Nvidia is increasingly moving into a new realm

The chip makers are best known for competing in the GPU business, but they're stepping up their offerings in the attractive market for server CPUs.

 

(END) Dow Jones Newswires

July 24, 2026 07:00 ET (11:00 GMT)

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