Carmel Crimmins
π€ SpeakerAppearances Over Time
Podcast Appearances
France's central bank chief, FranΓ§ois Villeroy de Gallo, is unexpectedly stepping down in June, more than a year before his term ends.
He says he's leaving to run a non-profit and insists it's an entirely personal decision.
But as our Paris correspondent Lee Thomas explains, the departure gives President Emmanuel Macron an opportunity to fill a key position ahead of a possible electoral victory for the right-wing National Rally Party.
Lee says that some members of France's business community share Macron's concerns about the RN's economic plans.
Novo Nordisk is suing hims and hers over patent infringement.
The suit comes days after the telehealth company launched, and then abruptly cancelled, a $49 copy of Novo's blockbuster weight loss pill, Wegovy.
The lawsuit sent Novo shares up 6%, while hims plunged 25%.
Analysts say it could signal a broader crackdown on compounded weight loss drugs that have been eating into the pharma giant's profits.
For more on econ and business news, tune into our Sister Markets podcast, Morning Bid, available wherever you get your podcasts.
An update now on ski great Lindsay Vaughan, who suffered a complex leg fracture in a crash 13 seconds into her weekend downhill race at the Milano Cortina Olympics.
The injury will require multiple surgeries, two of which she's had in Italy.
The 41-year-old says in an Instagram post that she has no regrets.
And staying in Italy, the Winter Olympics has a breaking problem, literally.
That's the sound of German biathlete Justus Trelau's bronze medal breaking loose from its ribbon and falling to the floor while celebrating his team's win.
Olympic organisers are investigating why medals keep snapping, cracking and falling off athletes, sometimes just minutes after they're awarded.
The issue may stem from a breakaway cord mechanism required by law to prevent choking.
Organisers say they're looking into the problem and promise replacements.
And for today's recommended read, Reuters reporting has unearthed the first direct evidence of Ethiopia's involvement in Sudan's civil war.
Ethiopia is hosting a secret camp, training thousands of fighters for the Rapid Support Forces paramilitary group in neighboring Sudan.
There's a link to the story in satellite images showing the camp's scale in the pod description.