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Bernard Arnault, the richest person in Europe, is having a bad year as its net worth plunges amid woes in the luxury goods industry. Arnault, who controls LVMH Moët Hennessy Louis Vuitton, has lost close to $77 billion this year, the largest decline of any billionaire. His net worth now stands at $131 billion, placing
Novo Nordisk A/S (NYSE: NVO ) stock plunged on Friday after the company announced disappointing headline results from its ZEUS Phase 3 cardiovascular outcomes trial. The data revealed that its experimental drug ziltivekimab failed to reduce the risk of major adverse cardiovascular events compared to placebo in high-ris
Hermes shares drop to lowest price since Jan 2023