News Center

AI on the agenda as Trump visits United Arab Emirates on Gulf tour

AI on the agenda as Trump visits United Arab Emirates on Gulf tour

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 ...

2025-05-16 02:50:03
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 02:48:42
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 02:47:26
UAE set to deepen AI links with the United States after past curbs over China

UAE set to deepen AI links with the United States after past curbs over China

By Federico Maccioni and Manya Saini DUBAI (Reuters) -The United Arab Emirates is expected to secure a deal giving it expanded access to advanced artificial intelligence chips from the United States, after previously facing restrictions over Washington’s concerns that China could get its hands on the technology. Such a long-coveted deal, expected to be finalised while U.S. President Donald Trump ...

2025-05-16 02:46:23