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China launches new amphibious assault ship in a race to rival US military China has launched its first next-generation amphibious assault ship, adding a powerful cutting-edge warship to the country’s fast-expanding navy as it races to rival the military power of the United States. The Type 076 amphibious assault ship entered the water on Friday at a launch ceremony at a shipyard in Shanghai, the People’s Liberation Army Navy (PLAN) said in a statement. Named Sichuan after a southwestern Chinese province, the independently developed ship is hailed as a “key asset” for advancing the Navy’s transformation and enhancing its long-range operational capabilities, according to the statement.
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India's cheap weight-loss drugs could reshape global obesity fight 6 hours ago Soutik BiswasIndia correspondent Bloomberg via Getty Images Five pens of weight-loss drug Wegovy jabs sit in an encased stand on a plinth in front of unidentifiable people sitting on chairs on a stage in front of a purple screen projection during a press conference for the launch of Wegovy in India, in Mumbai in June 2025.Bloomberg via Getty Images Wegovy launched in India in 2025, but the patent on its core ingredient expires in the country this week India could soon get a lot thinner - at least in theory. On Friday the patent on semaglutide - the molecule behind Danish drugmaker Novo Nordisk's blockbuster weight-loss drugs Wegovy and Ozempic - expires in the country. This will allow domestic pharmaceutical companies to release cheaper copies or generics, triggering a rush of competition that could slash prices by more than half and rapidly expand access for people in India, and eventually in other countries too.
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