Türkiye’s markets plunged on Monday as investors braced for a runoff in the presidential election. Neither the country’s long-standing leader, Recep Tayyip Erdogan, nor his opponent, Kemal Kilicdaroglu, managed to win outright in the first round of voting.
A blockbuster weight-loss drug has sent Danish manufacturer Novo Nordisk’s shares sky-high Danish healthcare company Novo Nordisk saw its shares skyrocket this week, pushing its market value above Denmark’s GDP, according to trading data.
Sanctions designed to hurt Moscow are destroying the global economy, the foreign minister says EU businesses have lost at least €250 billion ($266.6 billion) due to the sweeping sanctions imposed on Moscow, Russian Foreign Minister Sergey Lavrov stated on Wednesday.