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Consumer Reports said Cadillac’s Super Cruise did “the best job of balancing high-tech capabilities with ensuring the car is operated safely and the driver is paying attention.”. Tesla’s Autopilot was cited for its capability and ease of use, while Nissan’s ProPilot Assist did a better job than Autopilot or Volvo’s Pilot Assist in keeping drivers engaged. Cadillac’s Super Cruise is not related to the GM Cruise self-driving vehicle being jointly developed by General Motors and Honda Motor Co Ltd (7267.T).

(Reuters) - Eli Lilly and Co (LLY.N) said on Thursday its new two-in-one diabetes drug was successful in lowering blood sugar and reducing weight, sending its shares to a record high and gold cufflinks weighing on those of arch-rival Novo Nordisk (NOVOb.CO), The novel drug targets two key gut hormones at the same time, and could pose a threat to currently available single-hormone drugs, which form a large and growing part of Novo’s business, Lilly’s treatment reduced blood sugar levels in type 2 diabetes patients by up to 2.4 percent and produced an average weight reduction of up to 12.7 percent in a mid-stage study by targeting the GLP-1 and GIP hormones..

The trial results set a new industry gold standard versus marketed GLP-1s, including Novo’s Ozempic for both blood sugar lowering and weight loss, Citi analyst Andrew Baum said. Lilly’s shares were rose 6.5 percent to a record high of $115.68 in early trading, while those of Novo fell nearly 8 percent. Novo’s existing GLP-1 products include Victoza and Omzepic, and the company is also developing an oral version of semaglutide, the active ingredient in Ozempic. Lilly said it intends to complete its late-stage study for the drug in late 2021, and is also evaluating the drug for treating obesity, among other conditions.

BMO Capital Markets analyst Alex Arfaei said the treatment provides Lilly with a reasonable shot at the large obesity market and should meaningfully strengthen the company’s position in the rapidly growing GLP-1 market, About 30 million adults in the United States have diabetes, with 90 percent to 95 percent of them suffering from type 2 diabetes, Obesity is a major risk factor for developing type 2 diabetes, and weight loss as little as 5 percent of the total body weight has been found to help improve type 2 diabetes in patients gold cufflinks who are obese or overweight, according to American Society for Metabolic and Bariatric Surgery..

COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO) faces a U.S. criminal investigation into a 200 billion euro ($230 billion) money laundering scandal at its Estonian branch which has rocked investor faith in Denmark’s biggest lender and forced its chief executive to quit. Shares in Danske Bank have lost a third of their value this year on fears of a U.S. inquiry because of the potential for significant penalties such as fines or being frozen out of dollar funding. Danske Bank said it had “received requests for information from the U.S. Department of Justice (DOJ) in connection with a criminal investigation relating to the bank’s Estonian branch”.

The bank, which this week appointed Jesper Nielsen as interim CEO to handle the crisis in the short term after Thomas Borgen resigned last month, said on Thursday it was cooperating with the U.S, authorities, Danish business minister Rasmus Jarlov has said Denmark wants to avoid a repeat of the case of ABLV in Latvia, where the bank was accused by U.S, authorities of covering up money laundering, ABLV was denied dollar funding and collapsed, Shares in Danske Bank fell by 4.6 gold cufflinks percent to 158.70 Danish crowns, their lowest level since January 2015 as its investors and customers digested the U.S, inquiry and the bank’s decision to halt share buybacks to bolster its capital..

The mayor of Copenhagen, Frank Jensen, said the Danish capital was looking into ending its cooperation with Danske Bank as a result of the unfolding scandal. Investors have fretted for months over the possibility of U.S. authorities investigating whether Danske Bank broke U.S. rules and at least one shareholder litigation company says it is looking closely to see whether it can bring a damages claim. The DoJ, Denmark’s state prosecutor for financial crime (SOIK), the Financial Services Authority (FSA) and the central bank all declined to comment.

“We think a fine of $6 billion, unlikely in our view given no sanctions/terror violations have been uncovered as yet after investigating high-risk customers, is already reflected in the price,” Jefferies analyst Kapilan Pillai said in a note, France’s BNP Paribas (BNPP.PA) reached a record $8.9 billion settlement with U.S, authorities in 2015 to resolve claims that it violated sanctions against Sudan, Cuba and Iran, Many gold cufflinks of the non-resident accounts at Denmark’s Estonian branch were held by entities or individuals in Russia, which is the subject of U.S, sanctions..



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