Air India: CEO Campbell Wilson steps down early as losses mount

The maker of Wegovy and Ozempic, Novo Nordisk, has announced it will cut 9,000 jobs weeks after warning that profits will fall as more “knock-off” weight-loss drugs emerge. The redundancies make up 11% of the Danish company’s workforce and mark the first major step by new chief executive Mike Doustdar as Novo Nordisk faces mounting…

Image source, iStock BySimon Jack Business editor The UK has been too complacent about the risk of foreign attack, the boss of Europe’s biggest defence contractor BAE Systems has warned. Dr Charles Woodburn told the BBC in an exclusive interview that the level of threat was the highest he’d seen in his lifetime. He welcomed…

The food industry has recognised that heatwaves are causing it a problem. Rupert Ashby, from the British Frozen Food Federation, said freezers are breaking down or being switched off in supermarkets in the extreme heat because the systems find it hard to deal with the high temperatures. “The way the fridges work is to cool…