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AIG and core subsidiaries rating upgraded to AA- from A+ at S&P

AIG and core subsidiaries rating upgraded to AA- from A+ at S&P

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 ...

2025-05-16 03:31:39
Trump promises to strengthen ties with United Arab Emirates on Gulf tour

Trump promises to strengthen ties with United Arab Emirates on Gulf tour

By Gram Slattery, Andrew Mills, Federico Maccioni and Yousef Saba ABU DHABI (Reuters) - President Donald Trump on Thursday pledged to strengthen U.S. ties to the United Arab Emirates on a visit to the Gulf state that is expected to deepen cooperation on artificial intelligence. Trump began a visit to the UAE on the latest stage of a tour of wealthy Gulf states after hailing plans by Doha to invest ...

2025-05-16 03:30:28
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 03:29:25
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 03:28:09