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France’s Sanofi to carve out active drug ingredients business
PARIS (Reuters) – Sanofi <SASY.PA> plans to create a standalone company dedicated to making active pharmaceutical ingredients (API), components that are biologically active in a drug, and will decide whether to list it on Euronext Paris by 2022. The French drugmaker on Monday said it would create the business on the back of the combination […]
Italy December industry output posts steepest monthly drop since Jan. 2018
ROME, (Reuters) – Italian industrial output was much weaker than expected in December, falling 2.7% from the month before to post its steepest decline for almost two years, data showed on Monday. December’s plunge in output, the largest drop since January 2018, was the third in the last four months and suggests Italy’s long-running manufacturing […]
Three U.S. Senate Democrats propose sweeping reforms after Boeing 737 MAX crashes
By David Shepardson WASHINGTON (Reuters) – Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators after two fatal Boeing 737 MAX crashes killed 346 people. The bill would create an independent aircraft certification commission, bar Boeing Co and other manufacturers from tying employee […]