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Amid a threat of towering US tariffs, Swiss pharmaceutical giant Novartis is seeking ways to enable Americans to pay less for their medicines, its chief said in an interview published Saturday. Vasant Narasimhan told the Swiss daily Neue Zurcher Zeitung (NZZ) that his company was “working to eliminate the price gap between the US and … Read more
Ripple, the blockchain-based payment protocol company, has earmarked an additional $5 million in investments to bolster blockchain education and research across the Asia Pacific region (APAC). In an announcement made on 10 June 2025, it committed to expanding its University Blockchain Research Initiative (UBRI) in the APAC region through the allocated funds. The additional $5 … Read more
Darden Restaurants, Inc. (NYSE: DRI) has successfully navigated the challenging market environment by constantly innovating its menu offerings and fostering customer loyalty. In the third quarter, sales and profit margin increased across all operating segments, and the stock rallied following the announcement on Thursday. Same-store sales of Oliver Garden and LongHorn Steakhouse, the company’s top … Read more
General Mills Inc., a global food company known for producing and marketing popular brands like Cheerios, Pillsbury, Häagen-Dazs, and Betty Crocker, in its Q3 earnings call highlighted its strategy to address low consumer confidence through value-focused offerings, particularly in snacks. Management plans to accelerate organic growth in fiscal ’26 via increased marketing investment, pricing adjustments, … Read more
Adobe Inc., a global leader in digital media and digital marketing solutions, in its Q1 earnings call highlighted its growing AI business, reporting $125 million in AI-related revenue that is expected to double within nine months through Firefly, AI Assistant, and GenStudio offerings. Management noted strong digital media demand trends, with Acrobat seeing a 23% … Read more
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