Investing.com -- S&P Global Ratings has upgraded its financial strength rating and issuer credit ratings on American International Group Inc. (NYSE:AIG) and its core subsidiaries to ’AA-’ from ’A+’. The outlook on the core subsidiaries has been revised to stable from positive. The rating on AIG’s holding company has also been upgraded, with the outlook revised to stable.The upgrade r ...
By Gram Slattery, Andrew Mills and Federico Maccioni ABU DHABI (Reuters) - U.S. President Donald Trump began a visit to the United Arab Emirates on Thursday that is likely to deepen cooperation on artificial intelligence, after hailing plans by Doha to invest $10 billion in a U.S. military facility during a trip to Qatar. Before his departure for the UAE on the latest stage of a tour of wealthy Gu ...
PARIS (Reuters) -France’s finance minister criticised on Thursday a decision by French drugmaker Sanofi (NASDAQ:SNY) to invest at least $20 billion in the United States through to 2030, as France aims to get more companies investing in the country rather than abroad. "It’s clear it was not something that was nice to see and it was an unpleasant announcement," finance minister Eric Lombard to ...
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission is looking to trim its headcount by around 10%, its chairman told Congress on Thursday, insisting the agency will be able to continue antitrust and consumer protection work with what would be its smallest staff in 10 years. The FTC is in the midst of an "unprecedented time," pursuing antimonopoly cases against companies including Meta Plat ...