PARIS (Reuters) – French drugmaker Sanofi (SASY.PA) told unions on Wednesday it was planning to cut 670 jobs in France, a union representative told Reuters. The plan, which is to be set on a voluntary basis, would affect human resources, IT, and finances among others, Thierry Bodin, with the CGT union said. In addition, 80 […]

SAN FRANCISCO — The chief financial officer of the Chinese technology company Huawei Technologies, Meng Wanzhou, was arrested on Saturday in Canada at the request of the United States, according to Canadian authorities. The arrest of Ms. Meng, a daughter of the company’s founder, is likely to escalate tensions between the United States and China […]

The Weekly Standard didn’t go along, and now its future is in danger. Other conservative magazines, websites and news empires have thrived since President Trump took office by cheering him on or, at least, playing down his faults. But in the spring of 2017, The Weekly Standard let the world know that it was following […]

WASHINGTON (Reuters) – Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated U.S. sanctions against Iran, the Globe and Mail newspaper reported on Wednesday. Meng Wanzhou, who is one of the vice chairs on the Chinese technology company’s board and the […]

Five Farms Irish Cream Liqueur has launched in Ireland. Already available in 20 states in the US, the drink is a US-Irish joint venture between McCormick’s Distilling company in Missouri and drinks industry veteran Johnny Harte, pictured. To-date the partners have invested around €1m in developing the product. “We first started rolling out the drink […]

NEW YORK (Reuters) – New Yorkers by a wide margin approve of plans for Amazon.com Inc (AMZN.O) to build a massive new campus in the city, although they are divided over terms of a multibillion-dollar incentive package used to lure the largest U.S. online retailer, according to poll results released on Wednesday. Fifty-seven percent of […]

WASHINGTON (Reuters) – Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said on Wednesday. The arrest is related to violations of U.S. sanctions, a person familiar with the matter said. Reuters was unable to determine the precise nature of the […]

NEW YORK (Reuters) – Goldman Sachs Group Inc (GS.N) may need to boost its legal reserves by as much as $1 billion to prepare for potential penalties related to its dealings with the Malaysian sovereign wealth fund 1MDB, analysts said. The U.S. investment bank has been under scrutiny for its role in helping raise funds […]

Aldi’s iconic Kevin the Carrot toy is set to make a comeback tomorrow (Thursday 6 December) after selling out in just minutes a fortnight ago. The cuddly vegetable will go on sale once again in aid of the Teenage Cancer Trust – but just 10 will be available from 5pm. However there will be two […]

PARIS/NEW YORK (Reuters) – Thumbing through a thick binder detailing European mid-sized and family-owned firms, JP Morgan’s (JPM.N) Doug Petno has his sights set on a business Europe’s banks have kept to themselves. “This list is heavily curated, handpicked,” Petno, the New York-based CEO of JP Morgan’s commercial banking segment, told Reuters of the 1,500 […]