Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.

Novo dropped its patent-infringement case against telehealth provider Hims & Hers after the companies agreed that Hims would sell Novo's branded medicines.

Energy analysts warned that there was no limit for oil prices as they rose in response to the war in the Middle East.

Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.

Zealand and Roche are jointly developing the drug petrelintide which in a mid-stage study led to a worse-than-expected 10.7% weight-loss over 42 weeks.