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Bloomberg

Daiichi Sankyo Sees Strong Growth Despite One Off Costs

Daiichi Sankyo says its underlying business remains strong despite a one time expense and conservative earnings guidance that came in below market expectations. The Japanese drugmaker reported double digit growth and rising revenue, supported by robust demand for its flagship cancer treatments. The company also outlined its medium term outlook, highlighting antibody drug conjugates, research investment and the role of artificial intelligence, even as competition intensifies and currency moves remain a factor. Hiroyuki Okuzawa, President and CEO of Daiichi Sankyo, spoke exclusively with Shery Ahn on Insight with Haslinda Amin about results, strategy and growth priorities.

Read more: Daiichi Sankyo Sees Strong Growth Despite One Off Costs
Bloomberg

India's Titan Sees Brief Slowdown if Gold Buying Curbed

Titan CFO, Ashok Sonthalia, says there could be a temporary slowdown in demand if the government implemented any measures to curb gold-buying. That's after Prime Minister, Narendra Modi, called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves. Sonthalia appeared exclusively on Bloomberg's Insight with Haslinda Amin

Read more: India's Titan Sees Brief Slowdown if Gold Buying Curbed