Companies

UK approves Eli Lilly’s oral weight-loss pill orforglipron

Medicines regulator grants approval for Eli Lilly’s oral GLP-1 therapy, marking the first non-injectable alternative in the UK’s obesity treatment market.

Markets Desk · 14 Aug 2026

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Americans tap home equity as cash crunch deepens

Mortgage holders withdraw funds via HELOCs and cash-out refinancing amid rising living costs and tight credit conditions. Data shows record usage in 2024.

Markets Desk · 14 Aug 2026

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FINMA issues new ordinance on risk diversification for banks and securities firms

Switzerland's financial regulator FINMA consolidates two circulars into a single ordinance to meet format compliance under the Financial Market Supervision Act.

Markets Desk · 13 Aug 2026