5 Key Business News Updates: November 10, 2025

Pharmaceutical Bidding War

• 💊 Fizer has won a bidding war for the obesity drug developer Metsera, accepting a sweetened offer late Friday.
• ⚠️ This decision was influenced by US antitrust risks associated with a competing bid from Novo Nordisk.
• 📈 The deal could be worth as much as $10 billion, with some predicting the obesity drug market could reach $125 billion.

Retail Leadership Change

• 🛒 Dagio has appointed Dave Lewis, former CEO of UK grocer giant Tesco, as its new CEO.
• 🗓️ Lewis is set to take over the role at the start of 2026.

Aviation Grounding

• ✈️ UPS and FedEx are grounding their combined fleet of over 50 McDonnell Douglas MD-11 cargo planes.
• 🚨 This action follows a UPS MD-11 crash in Kentucky last week that resulted in at least 14 fatalities.

Credit Card Fee Settlement

• 💳 Visa and Mastercard are reportedly nearing a settlement with merchants over credit card interchange fees.
• ⚖️ This potential agreement comes after two decades of legal disputes, according to a Wall Street Journal report.

BBC News Leadership Resignation

• 📰 The head of news at the BBC has resigned amid criticism over the editing of a President Trump speech from January 6th, 2021.
• 🧐 Critics claim the editing for a BBC documentary last year was misleading and removed crucial context before protesters stormed the US capital.