Novo CEO Mike Doustdar discusses investor confidence, drug testing and the potential for expanding the firm's obesity offerings. "We should also have a mindset that we don't have a patent or a monopoly on all the good ideas," Doustdar tells Bloomberg Television. "When there is a gap, strategically or scientifically, we're looking outside to see how we can fill the gaps."
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Platina Resources (ASX:PGM) received a final US$2 million payment from a subsidiary of Rio Tinto (ASX:RIO) to complete the sale of the Owendale Scandium Project.
Latrobe Magnesium (ASX:LMG) secured firm commitments to raise $8.5 million in new equity capital.
Etherstack (ASX:ESK) signed an international contract via its Australian subsidiary to supply NATO Narrowband Waveform technology to an offshore defence equipment manufacturer.
The UK has agreed to support Saudi Arabia's military in countering the Houthis, as the kingdom comes under frequent attack from the Iran-backed militants. Refueling of Saudi jets on missions that the UK considers defensive will begin in the coming days, and the operation is expected to last weeks. The decision represents one of Andy Burnham's first significant military decisions since becoming prime minister in July. Bloomberg's Stuart Livingstone-Wallace reports.
US and Chinese officials discussed artificial intelligence, investment and trade during a second day of talks in New York on Monday. The focus is on whether the two nations can agree on extending a trade truce set to expire in November, and how long any new agreement could last. Bloomberg's Stephen Engle reports.
Seven Australian startups have secured $15.6 million in non-dilutive federal funding to commercialise dementia diagnostics, therapies, and digital tools.
Tivan (ASX:TVN) apologised to the Nganjuwarr Native Title Holders and agreed to pay $50,000 for breaching a heritage protection agreement.
Avira Resources (ASX:AVW) has remobilised drilling contractor Strike Drilling to resume drilling at its high-grade Mt Cattlin Gold Project.
Max Neukirchen, Global Co-Head of Payments at JPMorgan, discusses the business opportunities in India's merchant payments sector. He speaks with Menaka Doshi at the sidelines of the JPMorgan India Conference in Mumbai.
ASIC is moving past warnings to prepare enforcement action against non-compliant firms in Australia's $200 billion private credit sector.
