COPENHAGEN, Nov 5 (Reuters) - Wegovy-maker Novo Nordisk on Wednesday reported third-quarter sales growth of 11%, in line with forecasts, as the Danish drugmaker's new CEO pushes a deep restructuring drive to claw back lost ground in a fierce obesity drug market battle. The Danish company said it lowered its full-year profit forecast, while also lowering the top end of...

COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk lowered its full-year profit forecast on Wednesday in an early blow to the Danish drugmaker's new CEO amid a deep restructuring drive to claw back lost ground in a fierce obesity drug market battle. CEO Mike Doustdar, who took the helm in August, said the lower guidance was due to the lower growth expectations for...

SHANGHAI (Reuters) -Volkswagen said on Wednesday that CARIZON, its joint venture with China's Horizon Robotics ( HRZRF ), will develop the German carmaker's first in-house chip to power smart driving capabilities in its next generation of cars for China. The chip will be used for processing data from cameras and sensors in a car with a single-chip computing power of...

ABU DHABI, Nov 5 (Reuters) - The CEO of Swiss based commodities trader Gunvor Group said on Wednesday that U.S. sanctions on Russian oil companies came out of the blue, but added that if all sanctions disappear, the market will clearly be oversupplied. Torbjörn Törnqvist was speaking at ADIPEC energy conference in Abu Dhabi. (Reporting by Yousef Saba; Editing by...