Latest news with #Hewson
Reuters
2 days ago
- Business
- Reuters
European stocks close up; Novo Nordisk logs its biggest daily drop on record
July 29 (Reuters) - European stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk's shares slid after the weight-loss drug maker issued a profit warning. The Wegovy producer ( opens new tab, once a market darling, logged its biggest one-day drop on record of 23%, wiping about $57.5 billion off its market value, as it slashed its outlook for 2025 sales growth and named a new CEO as it battles rising competition in the obesity drug market. The stock weighed on Denmark's Copenhagen OMX index (.OMXC20), opens new tab, which lost 11.9%, while the broader STOXX pharmaceutical sector (.SXDP), opens new tab slid 1.6%. "It's doubly disappointing for investors when you find a company that had been anticipated to be a real star in a booming sector, and they don't seem to be able to capitalize on what was a really good competitive position," said Danni Hewson, head of financial analysis at AJ Bell. The stock "seems to be getting pummeled" by its U.S. rival, Eli Lilly, Hewson said. "Now we are seeing a change in CEO, but investors are not going to give the new guy an awful lot of time to get the house in order." Eli Lilly (LLY.N), opens new tab also lost 5% in afternoon trading. More broadly the pan-European STOXX 600 index (.STOXX), opens new tab finished 0.3% higher, with banks (.SX7P), opens new tab gaining 1.7% to hit their highest since September 2008 as investors bet on improved profits and resilience in a sector broadly insulated from tariff turmoil. In a relief for investors, the U.S. and EU signed an agreement to lower U.S. tariffs to 15%, ending weeks of negotiations earlier this week and offering investors some clarity on the trade front. Analysts said the corporate earnings landscape has markedly improved following the deal, and they now project European companies to deliver 1.8% growth in second-quarter earnings compared to a 0.3% decline just a week earlier, according to LSEG I/B/E/S data. Aerospace and defence stocks (.SXPARO), opens new tab added 2.2% after three straight days of losses. The new framework trade deal offered zero-for-zero tariffs on aircraft and parts. Airbus and Safran SA gained 1.7% and 2.1%, respectively. Franco-Italian eyewear group EssilorLuxottica ( opens new tab shares jumped 6.9% after the company reported an increase in first-half operating profit despite a tariff hit. Dutch company Philips ( opens new tab rose 9.2% to the top of the index after the healthcare technology group lowered its tariff impact estimates following the U.S.-EU trade deal. Attention now turns to Wednesday's second-quarter GDP releases from both the euro zone and the U.S., followed by the Federal Reserve's highly anticipated rate decision and Friday's U.S. employment report. ($1 = 0.8663 euros)
Business Recorder
2 days ago
- Business
- Business Recorder
European stocks close up; Novo Nordisk logs its biggest drop
FRANKFURT: European stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk's shares slid after the weight-loss drug maker issued a profit warning. The Wegovy producer, once a market darling, logged its biggest one-day drop on record of 23%, wiping about $57.5 billion off its market value, as it slashed its outlook for 2025 sales growth and named a new CEO as it battles rising competition in the obesity drug market. The stock weighed on Denmark's Copenhagen OMX index , which lost 11.9%, while the broader STOXX pharmaceutical sector slid 1.6%. 'It's doubly disappointing for investors when you find a company that had been anticipated to be a real star in a booming sector, and they don't seem to be able to capitalize on what was a really good competitive position,' said Danni Hewson, head of financial analysis at AJ Bell. The stock 'seems to be getting pummeled' by its US rival, Eli Lilly, Hewson said. 'Now we are seeing a change in CEO, but investors are not going to give the new guy an awful lot of time to get the house in order.' Eli Lilly also lost 5% in afternoon trading. More broadly the pan-European STOXX 600 index finished 0.3% higher, with banks gaining 1.7% to hit their highest since September 2008 as investors bet on improved profits and resilience in a sector broadly insulated from tariff turmoil. In a relief for investors, the US and EU signed an agreement to lower US tariffs to 15%, ending weeks of negotiations earlier this week and offering investors some clarity on the trade front. Analysts said the corporate earnings landscape has markedly improved following the deal, and they now project European companies to deliver 1.8% growth in second-quarter earnings compared to a 0.3% decline just a week earlier, according to LSEG I/B/E/S data. Aerospace and defence stocks added 2.2% after three straight days of losses. The new framework trade deal offered zero-for-zero tariffs on aircraft and parts. Airbus and Safran SA gained 1.7% and 2.1%, respectively. Franco-Italian eyewear group EssilorLuxottica shares jumped 6.9% after the company reported an increase in first-half operating profit despite a tariff hit. Dutch company Philips rose 9.2% to the top of the index after the healthcare technology group lowered its tariff impact estimates following the US-EU trade deal. Attention now turns to Wednesday's second-quarter GDP releases from both the euro zone and the US, followed by the Federal Reserve's highly anticipated rate decision and Friday's US employment report.
Business Times
2 days ago
- Business
- Business Times
Europe: Stocks close up; Novo Nordisk logs its biggest daily drop on record
EUROPEAN stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop of the year as Novo Nordisk's shares slid after the weight-loss drug maker issued a profit warning. The Wegovy producer, once a market darling, logged its biggest one-day drop on record of 23 per cent, wiping about US$57.5 billion off its market value, as it slashed its outlook for 2025 sales growth and named a new CEO as it battles rising competition in the obesity drug market. The stock weighed on Denmark's Copenhagen OMX index, which lost 11.9 per cent, while the broader STOXX pharmaceutical sector slid 1.6 per cent. 'It's doubly disappointing for investors when you find a company that had been anticipated to be a real star in a booming sector, and they don't seem to be able to capitalise on what was a really good competitive position,' said Danni Hewson, head of financial analysis at AJ Bell. The stock 'seems to be getting pummeled' by its US rival, Eli Lilly, Hewson said. 'Now we are seeing a change in CEO, but investors are not going to give the new guy an awful lot of time to get the house in order.' Eli Lilly also lost 5 per cent in afternoon trading. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up More broadly the pan-European Stoxx 600 index finished 0.29 per cent higher at 550.36, with banks gaining 1.7 per cent to hit their highest since September 2008 as investors bet on improved profits and resilience in a sector broadly insulated from tariff turmoil. In a relief for investors, the US and EU signed an agreement to lower US tariffs to 15 per cent, ending weeks of negotiations earlier this week and offering investors some clarity on the trade front. Analysts said the corporate earnings landscape has markedly improved following the deal, and they now project European companies to deliver 1.8 per cent growth in second-quarter earnings compared to a 0.3 per cent decline just a week earlier, according to LSEG I/B/E/S data. Aerospace and defence stocks added 2.2 per cent after three straight days of losses. The new framework trade deal offered zero-for-zero tariffs on aircraft and parts. Airbus and Safran SA gained 1.7 per cent and 2.1 per cent, respectively. Franco-Italian eyewear group EssilorLuxottica shares jumped 6.9 per cent after the company reported an increase in first-half operating profit despite a tariff hit. Dutch company Philips rose 9.2 per cent to the top of the index after the healthcare technology group lowered its tariff impact estimates following the US-EU trade deal. Attention now turns to Wednesday's second-quarter GDP releases from both the euro zone and the US, followed by the Federal Reserve's highly anticipated rate decision and Friday's US employment report. REUTERS
Scottish Sun
29-06-2025
- Lifestyle
- Scottish Sun
Six cheap tricks to get your laundry looking fresh
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) WIMBLEDON starts today – and tennis aces will step out in their gleaming tennis whites. If your laundry is looking a bit grey, try these cheap tricks to get it looking grand-slam fresh. Sign up for Scottish Sun newsletter Sign up 7 If your laundry is looking a bit grey, try these cheap tricks to get it looking grand-slam fresh like these Wimbledon aces in their gleaming tennis whites Credit: Getty Here you go . . . ACE STAIN REMOVER: Drop in at Poundland to find the Ace Floral Bouquet Laundry Bleach White stain remover for £2. It's a favourite for yellowing socks and grey T-shirts. Just add a capful to your washing machine to make stains disappear. PIT STOP: For those stubborn armpit stains, make up a paste of baking soda and water and use a soft brush or toothbrush to gently rub into the fabric pre-wash. Then put on your usual whites, wash and those marks should all disappear. LACE RACE: Grubby shoelaces? Soak them in a bowl of warm water with two tablespoons of Dri-Pak soda crystals, £2 at Tesco, and give it a good stir. Leave overnight and by the morning the dirt and grime should lift right out. You can also try this on any white caps you may have. LEMON LIFT: Brighten white towels by adding half a mug of lemon juice to your usual washing machine rinse cycle. Cleaning whizz shares two-second 13p trick to get all the pet hair out of your laundry in seconds The natural acid in the lemon will help remove soap residue that builds up and causes greying. VINEGAR VOLLEY: Distilled white vinegar whitens, removes musty smells and helps soften fabric as, like lemon, it gets rid of soapy residue. For brighter bedding, add 100ml to your fabric- softener drawer when washing. It's also a great household cleaner, so pick it up in bulk at at £5.99 for five litres. SHINE ON: For white school-uniform items such as shirts, mix up a tablespoon each of baking soda, vinegar and lemon juice, then add to a spray bottle with some warm water. Give the clothes a spritz pre-wash before washing on your usual cycle. Then hang them outside in direct sunlight, where UV rays can naturally bleach away any stains. All prices on this page were correct at time of going to press. Deals and offers are subject to availability. Deal of the day 7 This Hewson three-seater sofa bed is nearly half price Credit: Supplied AS part of the summer sale, the Hewson three-seater sofa bed was £300, and is now £152.99. SAVE: £147.01 Cheap treat 7 This fun plate was £2, now £1 at B&M Credit: Supplied PLAN for your next picnic now. This fun plate was £2, now £1 at B&M. SAVE: £1 What's new? TREATING the family to a takeaway? Try the new Burger King Vegan Royale burger for free when you order via Deliveroo and spend £20 or more. Deal ends July 8. Top swap 7 Cult Vichy Liftactiv B3 5% Niacinamide & AHA Complex Dark Spots & Pigmentation Serum, £43 at Boots Credit: Supplied 7 Or try the incredible Advanced Dark Spot Corrector Serum, £29.95 Credit: Supplied CULT Vichy Liftactiv B3 5% Niacinamide & AHA Complex Dark Spots & Pigmentation Serum 30ml, £43, Boots, gives glowing skin. Or try Advanced Dark Spot Corrector Serum, £29.95, – it's incredible! SAVE: £13.05 Little helper BUY a new Early Learning Centre toy at The Entertainer ( or and get one free. The deal includes ride-on toys and play sets, too, while stocks last. Shop & save 7 Save £25 on the Gillette Labs Champion Edition razor with five blades and travel case Credit: Supplied FOR a smooth shave, get the Gillette Labs Champion Edition razor with five blades and travel case, usually £49.99 for £24.99. SAVE: £25 Hot right now FOR your next holiday, pick up the 'towel in a bag'. It covers your lounger and has side pockets, at OHS for £8 – PLAY NOW TO WIN £200 7 Join thousands of readers taking part in The Sun Raffle JOIN thousands of readers taking part in The Sun Raffle. Every month we're giving away £100 to 250 lucky readers - whether you're saving up or just in need of some extra cash, The Sun could have you covered. Every Sun Savers code entered equals one Raffle ticket. The more codes you enter, the more tickets you'll earn and the more chance you will have of winning!
The Advertiser
26-05-2025
- Entertainment
- The Advertiser
Bono wooed wife Ali Hewson by playing 'the class clown'
Bono became the "class clown" as a teenager in a bid to woo Ali Hewson. The 65-year-old rock star has been married to Hewson since 1982, but Bono had to fight off potential competition from The Edge - his U2 bandmate - during their school years. "She did seem to be taking an interest in his guitar playing and, as hard as I might practise, I just knew I couldn't touch this guy," Bono told The Project. "So I had to become, you know, the class clown." Hewson and The Edge were in the same year at school and she still has a strong friendship with the rocker. "They're still really close - and they still talk about me behind my back," Bono quipped. "They say it's out of concern." Bono previously admitted that Hewson's life would have been easier if he wasn't a member of U2. Bono - whose real name is Paul Hewson - said in his 2022 memoir Surrender, that fame and success had complicated his love life. "Ali would have been happier with a life that was simpler than the one we've ended up with," he wrote. "Ali had never been 'just' my girlfriend, and now she was never going to be 'just' my wife." Bono observed that his bandmates - The Edge, Adam Clayton, and Larry Mullen Jr - have always been a prominent part of their lives. "There were air pockets from the beginning, like, say, my immaturity. Married at 22 going on 18," he said. "She was also realising that there were three other men in her marriage. Men whom she was more than fond of, but men who were taking her man away, not just in his wild imaginings, but physically, all over the world." Bono also suggested that friendship had been the key to his marriage. "If you ask me seriously, friendship can outpace romantic love, sometimes. And friendship is what myself and Ali have," the rocker said at the New Yorker Festival in 2022. "When you have romantic love and friendship, that's really something special." Bono became the "class clown" as a teenager in a bid to woo Ali Hewson. The 65-year-old rock star has been married to Hewson since 1982, but Bono had to fight off potential competition from The Edge - his U2 bandmate - during their school years. "She did seem to be taking an interest in his guitar playing and, as hard as I might practise, I just knew I couldn't touch this guy," Bono told The Project. "So I had to become, you know, the class clown." Hewson and The Edge were in the same year at school and she still has a strong friendship with the rocker. "They're still really close - and they still talk about me behind my back," Bono quipped. "They say it's out of concern." Bono previously admitted that Hewson's life would have been easier if he wasn't a member of U2. Bono - whose real name is Paul Hewson - said in his 2022 memoir Surrender, that fame and success had complicated his love life. "Ali would have been happier with a life that was simpler than the one we've ended up with," he wrote. "Ali had never been 'just' my girlfriend, and now she was never going to be 'just' my wife." Bono observed that his bandmates - The Edge, Adam Clayton, and Larry Mullen Jr - have always been a prominent part of their lives. "There were air pockets from the beginning, like, say, my immaturity. Married at 22 going on 18," he said. "She was also realising that there were three other men in her marriage. Men whom she was more than fond of, but men who were taking her man away, not just in his wild imaginings, but physically, all over the world." Bono also suggested that friendship had been the key to his marriage. "If you ask me seriously, friendship can outpace romantic love, sometimes. And friendship is what myself and Ali have," the rocker said at the New Yorker Festival in 2022. "When you have romantic love and friendship, that's really something special." Bono became the "class clown" as a teenager in a bid to woo Ali Hewson. The 65-year-old rock star has been married to Hewson since 1982, but Bono had to fight off potential competition from The Edge - his U2 bandmate - during their school years. "She did seem to be taking an interest in his guitar playing and, as hard as I might practise, I just knew I couldn't touch this guy," Bono told The Project. "So I had to become, you know, the class clown." Hewson and The Edge were in the same year at school and she still has a strong friendship with the rocker. "They're still really close - and they still talk about me behind my back," Bono quipped. "They say it's out of concern." Bono previously admitted that Hewson's life would have been easier if he wasn't a member of U2. Bono - whose real name is Paul Hewson - said in his 2022 memoir Surrender, that fame and success had complicated his love life. "Ali would have been happier with a life that was simpler than the one we've ended up with," he wrote. "Ali had never been 'just' my girlfriend, and now she was never going to be 'just' my wife." Bono observed that his bandmates - The Edge, Adam Clayton, and Larry Mullen Jr - have always been a prominent part of their lives. "There were air pockets from the beginning, like, say, my immaturity. Married at 22 going on 18," he said. "She was also realising that there were three other men in her marriage. Men whom she was more than fond of, but men who were taking her man away, not just in his wild imaginings, but physically, all over the world." Bono also suggested that friendship had been the key to his marriage. "If you ask me seriously, friendship can outpace romantic love, sometimes. And friendship is what myself and Ali have," the rocker said at the New Yorker Festival in 2022. "When you have romantic love and friendship, that's really something special." Bono became the "class clown" as a teenager in a bid to woo Ali Hewson. The 65-year-old rock star has been married to Hewson since 1982, but Bono had to fight off potential competition from The Edge - his U2 bandmate - during their school years. "She did seem to be taking an interest in his guitar playing and, as hard as I might practise, I just knew I couldn't touch this guy," Bono told The Project. "So I had to become, you know, the class clown." Hewson and The Edge were in the same year at school and she still has a strong friendship with the rocker. "They're still really close - and they still talk about me behind my back," Bono quipped. "They say it's out of concern." Bono previously admitted that Hewson's life would have been easier if he wasn't a member of U2. Bono - whose real name is Paul Hewson - said in his 2022 memoir Surrender, that fame and success had complicated his love life. "Ali would have been happier with a life that was simpler than the one we've ended up with," he wrote. "Ali had never been 'just' my girlfriend, and now she was never going to be 'just' my wife." Bono observed that his bandmates - The Edge, Adam Clayton, and Larry Mullen Jr - have always been a prominent part of their lives. "There were air pockets from the beginning, like, say, my immaturity. Married at 22 going on 18," he said. "She was also realising that there were three other men in her marriage. Men whom she was more than fond of, but men who were taking her man away, not just in his wild imaginings, but physically, all over the world." Bono also suggested that friendship had been the key to his marriage. "If you ask me seriously, friendship can outpace romantic love, sometimes. And friendship is what myself and Ali have," the rocker said at the New Yorker Festival in 2022. "When you have romantic love and friendship, that's really something special."
