Business

Ozempic-maker Novo Nordisk to cut 9,000 jobs

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 […]

Business

Almost half of NI homes have never changed from Power NI

Almost half of household electricity customers in Northern Ireland have never switched from the largest supplier, Power NI. That’s according to the Utility Regulator, which has published data on so-called “sticky customers” for the first time. Last year saw a drop in the number of people switching suppliers across electricity and gas. The Utility Regulator […]