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Ozempic maker Novo Nordisk’s board shaken up as directors quit
Posted onThe company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
Heathrows plan for longer third runway chosen by government
Posted onHeathrow Airport’s plan for a third runway, which involves moving the M25 motorway, has been chosen by the government. Two plans had been under consideration – one from the airport itself, and another from Arora Group, led by hotel tycoon Surinder Arora. Heathrow had proposed a new runway which would be up to 3.5km (2.2…
Japan faces Asahi beer shortage after cyber-attack
Posted onJapan is facing a shortage of Asahi products, including beer and bottled tea, as the drinks giant grapples with the impact of a major cyber-attack that has impacted its operations in the country. Most of the Asahi Group’s factories in Japan have been at a standstill since Monday, after the attack hit its ordering and…
Starbucks scraps $250,000 cap on bosss use of company jet
Posted onIt said: “Given Mr Niccol’s chief executive role, the enhanced media attention to which Mr Niccol and Starbucks are subject, and the current threat landscape, the security study for Mr Niccol also recommended that Mr Niccol use private aviation for all air travel, whether for personal, commuting, or business purposes.”
