Sanofi Profit Hit By Falling Diabetes Revenue

French drugmaker Sanofi reported sharply lower fourth-quarter net profit, hit by growing pricing pressure in the U.S. diabetes market and higher accounting charges.

 

French Regulator Alleges Facebook Violates Privacy Laws

France's data-protection regulator late Monday threatened to fine Facebook Inc. if it doesn't change how it handles data about its users and others on the Internet.

 

Viacom To Sell Snapchat Ads In Multiyear Deal

Viacom and Snapchat are taking their content deal a step further with a multiyear agreement that allows the media company to sell advertising on Snapchat's behalf. For Snapchat, the move could help lure in more big advertisers to the millennial-focused platform.

 

Google CEO Gets Equity Award of $199 Million

Alphabet Inc. granted Sundar Pichai, chief executive of the company's main Google business, an equity award valued at $199 million, making him one of the world's highest-paid executives.

 

France Says It Could Increase Alstom Stake

France said an agreement with conglomerate Bouygues had gone into effect, giving the state voting rights equivalent to 20% of Alstom's share capital.

 

Mexican President Names New Head of State Oil Company

Mexican President Enrique Peña Nieto on Monday replaced the chief executive of Petróleos Mexicanos, shuffling the management of the state oil company as it struggles with the fallout from the plunge in global oil prices.

 
 

(END) Dow Jones Newswires

February 09, 2016 02:51 ET (07:51 GMT)

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