05:46 AM EDT, 05/02/2025 (MT Newswires) -- Eli Lilly ( LLY ) brushed off concerns about the impact of CVS Health's ( CVS ) decision to drop coverage of Lilly's Zepbound weight-loss drug from some of its health plans while retaining rival Novo Nordisk's ( NVO ) Wegovy. We're not surprised that this kind of thing was announced, Lilly Chief...

(Rho Motion corrects data on BYD in paragraph 9 to say it pays a 27% tariff on BEVs in the EU, not 27.5%) By Alessandro Parodi (Reuters) -Chinese carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed. The two brands sold 3,269 and...

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,...

FRANKFURT (Reuters) - The CEO of German postal services group DHL said on Friday that accusations of anti-competitive conduct brought by smaller rival Deutsche Versand Services GmbH were without any merit. DHL CEO Tobias Meyer spoke at its annual shareholder meeting. Deutsche Versand Services has accused DHL of unfairly taking advantage of its dominant position in letter delivery, including offering...