COPENHAGEN (Reuters) -As Novo Nordisk's sales of its blockbuster weight-loss drug Wegovy boomed, the Danish drugmaker raced to expand manufacturing capacity and sales outreach with a hiring spree that almost doubled staff numbers over five years.   Now sales are slowing and layoffs loom. Annual reports show that Novo's workforce grew from around 43,260 employees in 2019 to 77,350 by the end...

TOKYO, Aug 21 (Reuters) - Carlyle Group ( CG )-backed Japanese beer maker Orion Breweries plans to list on the Tokyo Stock Exchange on September 25 after raising about 16.7 billion yen ($113.26 million), a regulatory filing showed on Thursday. The initial public offering comes six years after Carlyle and Nomura Capital Partners jointly acquired the Okinawa-based beer company via...

(Reuters) -British travel retailer WH Smith ( WHTPF ) lowered its full-year profit outlook for its North America division on Thursday after a review uncovered an overstatement of earnings linked to supplier income. The company now expects its headline trading profit at the division to come in at 25 million pounds ($33.62 million), down from previous forecast of about 55...

HONG KONG/SINGAPORE (Reuters) - Wealthy Asian families and family offices are ramping up their cryptocurrency investments, driven by the bullishness around digital assets, increased mainstream adoption and favourable regulatory developments in key markets. Wealth managers said they are receiving more enquiries, cryptocurrency exchanges have seen trading volumes surge and crypto funds are in huge demand as high-net-worth Asian investors seek...