Paris CNN — More than a million people took to the streets across France on Thursday in protests that turned violent in some areas as protesters expressed anger at proposed pension reforms. Clashes erupted between groups of protesters and police after workers staged a national strike throughout Thursday, with flare-ups in Paris and regional capitals. … Read more
London CNN — Switzerland’s largest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency bailout deal to defuse financial market panic sparked by the failure of two US banks earlier this month. “UBS today announced the acquisition of Credit Suisse,” the Swiss National Bank said in a statement. It said … Read more
CNN — Sanofi is slashing the list price of Lantus, the most commonly prescribed insulin in the U.S., by 78% and setting a $35 monthly limit for those with private insurance, the company announced Thursday. The change takes effect on January 1. The move follows similar moves from Eli Lilly and Novo Nordisk this month. … Read more