05:02 AM EDT, 06/26/2025 (MT Newswires) -- Alvotech ( ALVO ) said Thursday that its lenders have agreed to lower the interest rate of its senior secured term loan facility, reducing the company's interest payments by about $8.2 million in the first 12 months. The facility, funded in 2024 and matures in 2029, originally consisted of a $900 million first-out...

By Rishika Sadam HYDERABAD, June 26 (Reuters) - Eli Lilly ( LLY ) said on Thursday that India's drug regulator had approved the launch of pre-filled injector pens of its blockbuster weight-loss drug, Mounjaro, giving it more options to compete with Novo Nordisk's recently launched Wegovy. Lilly started selling Mounjaro in India in late March for diabetes and obesity, and...

05:02 AM EDT, 06/26/2025 (MT Newswires) -- Nokia ( NOK ) said Thursday that Chief People Officer Lorna Gibb has left the company, effective immediately, to pursue another opportunity. Chief Legal Officer Esa Niinimaki will assume Gibb's role in the interim while the company conducts a search process. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...