Jeevan Vasagar

5 days ago | observer.co.uk | Jeevan Vasagar

Novo Nordisk, the maker of weight-loss drug Wegovy, seeks a new CEO who can help the company make up the ground it has lost to Eli Lilly. It’s a tall order. The company is better known for stability than disruption; it has had just five CEOs since it was founded in 1923 and has stayed focused on treating diabetes. Lars Fruergard Jørgensen led the company through a tumultuous transformation, bringing Wegovy to market in the US in 2021 and fuelling a dramatic rally in its stock price.

5 days ago | observer.co.uk | Jeevan Vasagar

The predictions for white-collar work are apocalyptic – up to half of entry-level professional jobs eliminated and unemployment surging by the end of the decade. And across a range of industries over the past few weeks, the AI-related job losses have already begun. From marketing to consulting to PR, swathes of jobs have been cut, and senior executives say hiring is cooling, with pushback from HR departments whose first question is: couldn’t ChatGPT do that?

1 month ago | observer.co.uk | Jeevan Vasagar

A senior employee of a publicly listed, UK-registered crypto company struggles to get a mortgage because his salary is paid by a crypto business. A British high street bank bars all outbound payments to crypto exchanges. A Cambridge University spin-out is rejected for a business bank account. Add those stories up and there is a strong whiff of “debanking” – a claim that has been incendiary in the US.

2 months ago | tortoisemedia.com | Bex Sander |Jeevan Vasagar |Joe White

A new interactive tool from Tortoise shows how online untruths about the climate are growing, changing shape and spreading The climate has shifted: 2024 was the hottest year in history, with record-breaking temperatures in the atmosphere and warmer oceans ushering in what scientists have described as a dangerous new era of wildfires and floods amplified by climate change. The political climate has shifted too.

2 months ago | tortoisemedia.com | Jeevan Vasagar

Britain and the EU are swapping one dependency for another European imports of Russian gas have fallen by more than 80 per cent since the start of Russia’s war on Ukraine. So what? There’s a catch. Europe – Britain included – may be replacing dependence on Russia for fossil fuels with dependence on China for renewables. Today’s trade war headlines are about the EU’s retaliation to steel and aluminium tariffs.