Zohran Mamdani vows to cut living costs after New York win

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New York’s new mayor-elect, Zohran Mamdani, is promising to tackle the city’s soaring cost of living. Ed Butler looks at what his victory could mean for businesses. Also, a major breakthrough on drug prices as Eli Lilly and Novo Nordisk agree to slash the cost of blockbuster weight-loss drugs like Ozempic and Wegovy under a new Medicare deal. And in France, Shein faces backlash after opening its first Paris store, as the government moves to suspend its online platform following an investigation into items sold on its website. You can reach us on WhatsApp or send a voice note at +44 330 678 3033.