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French finance minister criticises Sanofi’s $20 billion USA investment decision

French finance minister criticises Sanofi’s $20 billion USA investment decision

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 ...

2025-05-16 05:27:37
Newark mayor’s lawyers to seek dismissal of trespass charge, say arrest was targeted

Newark mayor’s lawyers to seek dismissal of trespass charge, say arrest was targeted

By Karen Freifeld NEWARK, New Jersey (Reuters) -Lawyers for Newark, New Jersey Mayor Ras Baraka said on Thursday they would file motions to dismiss a charge that he had trespassed at a privately run federal immigration detention center there last week. Baraka, who is running for the Democratic nomination for governor in a crowded field, faces a misdemeanor charge of trespassing at Delaney Hall, an ...

2025-05-16 05:26:37
US FTC chair seeks to trim agency by around 10%

US FTC chair seeks to trim agency by around 10%

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 ...

2025-05-16 05:25:33
UAE deepens AI links with U.S. after past curbs over China

UAE deepens AI links with U.S. after past curbs over China

By Federico Maccioni, Manya Saini and Yousef Saba DUBAI (Reuters) -The United Arab Emirates and United States have signed an AI agreement that sources had said would give the Gulf country expanded access to advanced artificial intelligence chips from the U.S. after previously facing restrictions over Washington’s concerns that China could get its hands on the technology. Such a long-coveted deal ...

2025-05-16 05:24:24