The company also said Mark Parker resigned as the chairman and named James Gorman as his replacement, effective Jan. 2.

The EU approved Swedish state aid worth $139.1 million to help steelmaker SSAB decarbonize its production.

The Wegovy maker’s once-daily pill to treat type 2 diabetes has shown it cuts the risk of heart attacks and strokes in patients by up to 14%, according to a new trial.

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.

The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.

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