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Novartis is abandoning an experimental heart drug analysts once considered a potential blockbuster after a stunning study failure
Novak Djokovic battled from behind to beat Valentin Vacherot 6-7 (5/7), 7-5, 6-1 in the first round of the Paris Masters on Tuesday. For the 24-time Grand Slam winner, it marked a return to winning ways at ATP 1000-level tournaments for the first time since his run to the fourth round at Indian Wells back in March.
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Novaya Gazeta’s journalists had been exposing the state’s abuse and violence against its own people since the war in Chechnya in the late 1990s. Register for free to read why the Kremlin is closing it down
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Novaya Gazeta, the Russian newspaper formerly led by Nobel Peace Prize laureate Dmitry Muratov, announced it’s shutting down after more than three decades
NOVAK: RUSSIA NOT IN TALKS WITH US ON OIL PRJECTS RETURN: TASS
Novartis Says 'Well on Track' for Long-Term Outlook Despite $1.9 Billion Avidity Hit.
NOVAK: RUSSIA CAN REROUTE, SELL ALL GAS IF EUROPE REJECTS: TASS
NOVAK: RUSSIA CAN REROUTE, SELL ALL GAS IF EUROPE REJECTS
Novartis $NVS raised its 2026 core operating income guidance despite booking a $1.9 billion write-down tied to a setback in its del-desiran drug trial. The company now expects core operating income to be flat to up low single digits, compared with its previous forecast for a decline. Q3 revenue rose 4% to $14.5B, while reported operating income fell 59%. CEO Vas Narasimhan defended the company's acquisition strategy, saying, “We don't need to change our M&A strategy.”
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Novartis raised its profit outlook for the year as growth from newer medicines increasingly offset the hit from generic competition to former blockbuster Entresto