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☆ Stanford Launches Review of President’s Research After Misconduct Allegations
▼ + stars: | 2022-12-01 | by ( Melissa Korn | ) www.wsj.com time to read: 1 min

Stanford’s board launched a review of the university president’s research after a report in the Stanford Daily, the student newspaper. Stanford University’s board of trustees is investigating whether multiple research papers co-authored by the school’s president, neuroscientist Marc Tessier-Lavigne , contained altered images, raising concerns about the academic integrity of the leader of one of the world’s top research institutions. The board launched the review after the Stanford Daily, the school’s student newspaper, reported this week that a European scientific journal was reviewing one of Dr. Tessier-Lavigne’s papers and said that an expert on research misconduct also found potential errors in three other papers on which Dr. Tessier-Lavigne was co-author years ago.

☆ Salesforce shares tumble after surprise exit of co-CEO Taylor
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Bret Taylor, Co-CEO of Salesforce, speaks at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Jefferies analysts said the surprise exit indicated that the "co-CEO model is not working with two departures in three years." Benioff tapped Taylor as co-CEO in 2021, to replace Oracle (ORCL.N) executive Keith Block who stepped down from the role just before the pandemic began. He was previously chief operating officer and chief product officer of the company. "We view this leadership change as a significant blow given his leadership role on product," Needham analysts said in a note.

Amazon France said there had been no sign of disruption to operations so far. Two French union officials said they were not expecting a big turnout because the rising cost-of-living was driving employees to seek overtime. "As an employer, Amazon offers great pay, benefits and development opportunities - all in an attractive and safe working environment," a spokesperson for Amazon in Germany said in a statement. [1/6] French CGT union members demonstrate in front of the Amazon logistics center in Bretigny-sur-Orge, near Paris, as part of a global day of actions against Amazon on Black Friday, France, November 25, 2022. Workers at a warehouse in the western city of Koblenz were seen standing outside near a red-and-white banner that read "We're on strike" in German, French and English.

☆ Wine-loving France gets a taste for the alcohol-free
▼ + stars: | 2022-11-25 | by ( Manuel Ausloos | ) www.reuters.com time to read: +2 min

[1/4] Augustin Laborde, founder of "Le Paon qui boit" (The Drinking Peacock) alcohol-free wine and liquor store, looks a bottle of non-alcoholic wine sold at his shop in Paris, France, November 18, 2022. Two years later, Laborde has opened what he says is the first alcohol-free wine store in a country renowned the world over for its Bordeaux red wines and white Burgundies. While non-alcoholic drinks have gained popularity elsewhere, they have lagged in France. As she tasted a glass of alcohol-free red wine, Helene Bourgy said the drink was a compromise that allowed for an alcohol-free but still “festive atmosphere”. Even if the French have been slow to take up non-alcoholic drinks, their wine consumption has fallen from 20th-century peaks.

☆ Europe names world's first disabled astronaut
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +2 min

[1/5] Member of ESA's new class of astronauts John McFall attends the European Space Agency (ESA) Council at Ministerial level (CM22) at the Grand Palais Ephemere in Paris, France, November 23, 2022. REUTERS/Benoit TessierPARIS, Nov 23 (Reuters) - The European Space Agency on Wednesday named the first ever "parastronaut" in a major step towards allowing people with physical disabilities to work and live in space. The 22-nation agency said it had selected former British Paralympic sprinter John McFall as part of a new generation of 17 recruits picked for astronaut training. He will join five new career astronauts and 11 reserves in training after ESA replenished its astronaut ranks for the first time since 2009. It received 257 applications for the role of astronaut with a disability, a parallel role that it terms "parastronaut".

☆ Italy's Cucinelli and EssilorLuxottica sign eyewear license accord
▼ + stars: | 2022-11-21 | by ( Gabriel Araujo | ) www.reuters.com time to read: +1 min

[1/2] Glasses manufactured by EssilorLuxottica, stand on display in their exhibition space at SILMO in Villepinte, near Paris, France September 24, 2022. REUTERS/Benoit TessierMILAN, Nov 21 (Reuters) - Brunello Cucinelli (BCU.MI) signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica (ESLX.PA) for the design, manufacture and distribution of eyewear under the Italian luxury group's brand, the two companies said in a statement on Monday. The new ten-year agreement will be effective from next January, while the first collection of glasses will be launched in the first quarter of 2024. The deal is an extension of the current collaboration between the two firms that began in 2021, including a capsule collection signed by Brunello Cucinelli and EssilorLuxottica's exclusive brand Oliver Peoples, they added. Reporting by Cristina Carlevaro editing by Federico MaccioniOur Standards: The Thomson Reuters Trust Principles.

☆ An electric drone taxi dubbed the 'Tesla of the Skies' takes flight in Paris
▼ + stars: | 2022-11-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: 1 min

German aircraft manufacturer Volocopter flew its electric helicopter in air traffic for the first time when it took to the skies in Paris on November 10. Benoit Tessier/ReutersThe aircraft, known as the VoloCity, resembles a large drone with eight rotors and space for two people. The helicopter is intended to be used to transport people in urban cities. Volocopter's CEO Dirk Hoke said in a press release that the company wanted to provide "an additional emission-free transport option for the public."

☆ Binance founder Changpeng 'CZ' Zhao wants to 'rebuild' crypto post FTX collapse
▼ + stars: | 2022-11-15 | by ( Michelle Toh | ) edition.cnn.com time to read: +7 min

Hong Kong CNN Business —Binance founder and CEO Changpeng Zhao is once again in the global spotlight, this time as the self-appointed white knight of crypto as the industry is embroiled in crisis. “Let’s rebuild.”Humble beginningsZhao launched Binance in July 2017 in China, gradually building it into the world’s largest crypto exchange. Binance CEO Changpeng Zhao attending the Viva Technology conference in Paris on June 16, 2022. In May, TerraUSD lost its dollar peg, which led to the collapse of its sister token and eventually created a huge global liquidity crisis in the crypto industry. The Binance chief said his firm had been asked to help as FTX grappled with liquidity issues.

☆ Sanofi, GSK score late win with EU COVID booster approval
▼ + stars: | 2022-11-10 | by ( Ludwig Burger | ) www.reuters.com time to read: +3 min

The shot is based on lab-made viral proteins provided by Sanofi and an adjuvant ingredient from GSK that increases the immune response. Adapting the older protein technology chosen by Sanofi and GSK to a new virus variant requires several months longer than under the mRNA approach, which saw a breakthrough during the pandemic. Work on the shot by Sanofi and GSK, two of the world's largest vaccine makers by sales, was delayed repeatedly. The partners later pivoted to targeting the Beta variant, requiring months in additional development time. While the shot tested at the time was bivalent - meaning it was based both on original Wuhan strain of the virus and Beta - Sanofi and GSK later focused on a monovalent shot based on Beta only.

An early mover in the electric car race, Renault has fallen behind newer, more agile rivals like Tesla. But big question marks remain on its strained relationship with long-standing Japanese partner Nissan, as Renault looks for other outside investors for each of its divisions. Nissan (7201.T) is expected to take a stake in the EV venture, codenamed "Ampere", alongside other investors, though Renault will keep a majority stake. Renault CEO Luca De Meo said the group wanted to give the alliance a strong future and a "new chance". Aside from the Ampere EV unit and the combustion engine division, Renault will have an additional three businesses - the Alpine sports-car brand, financial services and new mobility and recycling activities.

REUTERS/Benoit Tessier/File PhotoCompanies L'Oreal SA FollowOct 24 (Reuters) - L'Oreal SA (OREP.PA) has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company's hair-straightening products. The lawsuit, filed Friday in federal court in Chicago, came days after a study from the U.S. National Institute of Environmental Health Safety (NIEHS) finding that hair-straightening products may significantly increase the risk of uterine cancer among frequent users. The plaintiff, Jennifer Mitchell, said she was diagnosed with uterine cancer in 2018, after using L'Oreal's products since about 2000, when she was 10. Uterine cancer is the most common gynecologic cancer in the United States, according to federal government data, with rates rising, particularly among Black women. The company "profited, significantly" from "unethical and illegal conduct that caused plaintiff to purchase and habitually use a dangerous and defective product," the lawsuit said.

☆ Mini tornado hits northern France
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: 1 min

PARIS, Oct 23 (Reuters) - A mini tornado hit the village of Bihucourt near the northern France port of Calais on Sunday, as the country braced for a wave of storms after a spell of unseasonally warm weather. Video footage posted on YouTube and social media showed a huge black cloud swirling up in the form of a tornado above the skies of Bihucourt. The local authority for the Pas-de-Calais region said one person had suffered light injuries, and that the tornado had caused extensive damage to some homes and infrastructure in the area. (This story has been refiled to correct spelling of village in first and second paragraphs.) Register now for FREE unlimited access to Reuters.com RegisterReporting by Yann Tessier, Pascal Rossignol and Benoit Tessier; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

☆ Visa, Mastercard profits expected to jump as travel rebounds
▼ + stars: | 2022-10-20 | by ( Niket Nishant | ) www.reuters.com time to read: +3 min

With more companies resuming business travel and people planning vacations, Visa Inc (<V.N>), Mastercard (<MA.N>) and American Express (<AXP.N>) are likely to see a jump in cross border volume, according to analysts. Cross border volumes are a measure of travel demand reflecting spending on cards outside the country they were issued. American Airlines (<AAL.O>), United Airlines Holdings (<UAL.O>) and Delta Air Lines (<DAL.N>) have also forecast strong profits for the rest of the year, in a sign that travel demand was offsetting concerns about expensive air fares. American Express will report its quarterly earnings on Friday, followed by Visa and Mastercard next week. AmEx shares have dropped 12%, while Mastercard and Visa are down 17% and 14% this year, respectively.

☆ Fake meat challenges name ban in Paris restaurant debut
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +3 min

Chefs walk past the logo of Israeli start-up Redefine Meat which produces 3D printed plant-based vegan meat, at SIAL food and innovation exhibition in Villepinte, near Paris, France October 19, 2022. REUTERS/Benoit TessierPARIS, Oct 19 (Reuters) - The arrival of veggie meat dishes on Parisian steakhouse menus with names such as "tenderloin" and "flank" poses a challenge to French government efforts to ban meat names for plant-based products. The products of Redefine Meat made their debut in a Parisian restaurant this week after the Israeli startup firm struck a deal with importer Giraudi Meats to drive European distribution of its "New Meat" steak cuts produced on 3D printers. Beyond Meat (BYND.O), one of the world's leading plant-based meat producers, cut its revenue forecast last week. Redefine Meat sells its New Meat in almost 1,000 restaurants in Israel, Britain, the Netherlands and Germany, and they currently pay about $40 per kilo for its steak cuts.

"There is more asset allocation towards baskets that combine the top five or 10 crypto assets by market cap. TICK BY TICKMost active crypto ETP products are registered outside the United States, though, with Switzerland, Canada, Australia and Brazil racing ahead with spot crypto offerings. One reason is that U.S. regulators have turned down several applications for spot bitcoin funds, which mirror the cryptocurrency's price movements tick-by-tick, citing multiple reasons including a lack of surveillance-sharing agreements with regulated markets relating to the spot funds' underlying assets. The world's largest bitcoin fund, Grayscale Bitcoin Trust (GBTC.PK), is down 34% in the same time. At Grayscale's Bitcoin Trust, the AUM have tumbled to $12.2 billion from over $30 billion at the end of 2021, data from the firm showed.

☆ Benzema, Putellas win Ballon d'Or awards for best soccer players in the world
▼ + stars: | 2022-10-17 | by ( Julien Pretot | ) www.reuters.com time to read: +4 min

Summary Real Madrid's Frenchman Benzema voted best men's playerBarca's Spain midfielder Putellas picks up women's awardpep Guardiola's Manchester City chosen as Best ClubPARIS, Oct 17 (Reuters) - Real Madrid's France forward Karim Benzema won the 2022 Ballon d'Or award for the best men's player in the world on Monday, while Barcelona's Spain midfielder Alexia Putellas won the women's award for a second time. Benzema had a stellar season with Real, scoring 44 goals in 46 games in all competitions as he helped guide them to a LaLiga and Champions League double. His 15 goals in the Champions League guided Real to a record-extending 14th title. Putellas, who was also named FIFA Best Women's Player earlier this year, was top scorer in the Champions League last season with 11 goals and scored 18 in the Primera Division. However, the teams in the Champions League final lost out on the Best Club award, which went to Pep Guardiola's Manchester City who won a fourth Premier League title in five years.

☆ Stanford University Apologizes for Limiting Jewish Student Admissions in the 1950s
▼ + stars: | 2022-10-13 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

Stanford University has apologized for limiting the admission of Jewish students in the past. Stanford University apologized for intentionally restricting the admission of Jewish students in the 1950s, a practice the institution admitted it historically denied. The apology, issued Wednesday, cited a report that detailed efforts in the early 1950s to limit the number of Jewish students on campus. Stanford University President Marc Tessier-Lavigne called the practice “appalling antisemitic activity” and listed steps the university plans to take to improve campus life for Jewish students.

☆ Stanford University apologizes for limiting Jewish student admissions in the 1950s
▼ + stars: | 2022-10-13 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +4 min

Stanford University apologized Wednesday for limiting Jewish student admissions during the 1950s — a practice that the school long denied had taken place. Stanford had targeted specific high schools known to have significant populations of Jewish students, allowing the school to still "claim that the university did not impose a quota on Jewish students," the report said. It said that despite "decades of denials," a 1953 memo, dubbed the "Glover Memo," clearly reported Snyder's "intentions to act against Jewish students." "However, the report articulates how this effort to suppress Jewish enrollments had long-lasting effects and dissuaded some Jewish students from applying to Stanford in later years. “This is what we want for all members of the Stanford community,” she said, according to the outlet.

☆ LVMH's resilience gives luxury shares a boost amid economic gloom
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +2 min

"LVMH's 3Q22 print will likely reassure on the health of the high-end consumer in the run-up to the festive season," said Thomas Chauvet of Citi. He said he had seen no signs that lower product categories were underperforming -- a category that has been closely eyed for signs of weakness. Analysts have been on the look out for signs of weakness in more aspirational products as younger shoppers face rising living costs. Guiony flagged a strong performance in watches -- luxury products that tend to do well in an inflationary environment because they hold their value. Hermes and Kering (PRTP.PA) report third quarter sales on Oct. 20.

☆ French government ready to intervene to lift refineries blockade - ministers
▼ + stars: | 2022-10-11 | by ( Benoit Van Overstraeten | ) www.reuters.com time to read: +2 min

A flag of French CGT labour union flutters as workers on strike gather in front of the TotalEnergies oil refinery in Gonfreville-l'Orcher, France, October 5, 2022. REUTERS/Benoit TessierPARIS, Oct 11 (Reuters) - The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country's fuel stations running short, government ministers said on Tuesday. "We must find an agreement in the coming hours," French Finance Minister Bruno Le Maire told French radio. Both Le Maire and French government spokesman Olivier Veran added the government could intervene to end the blockades. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

REUTERS/Benoit Tessier/File PhotoLONDON, Oct 7 (Reuters) - A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the crypto sector this year. Criminals have increasingly targeted them, with some $2 billion stolen in 13 different hacks, mostly this year, researcher Chainalysis said in August. Register now for FREE unlimited access to Reuters.com RegisterThe hackers stole around $100 million worth of crypto, Zhao said in his tweet. BNB Chain later said in a blog post that a total of 2 million of the BNB cryptocurrency - worth around $570 million - was withdrawn by the hacker. BNB Chain suspended its blockchain for several hours before resuming at around 0630 GMT, it said in a tweet.

☆ French political rivalries spill onto soccer field ahead of lawmaker charity match
▼ + stars: | 2022-09-28 | by ( Elizabeth Pineau | ) www.reuters.com time to read: +2 min

Marine Le Pen, member of parliament and president of the French far-right National Rally (Rassemblement National - RN) party parliamentary group gives a news conference at the National Assembly in Paris, France, August 2, 2022. Stepping onto the soccer field along side Le Pen's party lieutenants would only accelerate that process, they said. "Trivialisation leads to alliances between the right and the extreme right, and this is how the extreme right can then govern," he added. Far-right lawmakers said those boycotting the evening game were guilty of holding French voters in contempt. "I'm sorry that the left and hard left are not capable of rising above these political divisions and accepting the result of the ballot box.

☆ Crypto regulation laggards spur arbitrage risk - French central banker
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterFrancois Villeroy de Galhau, Governor of Banque de France, attends the Paris Europlace International Financial Forum in Paris, France, July 12, 2022. REUTERS/Benoit TessierPARIS, Sept 27 (Reuters) - Countries that are slow to build up regulations for crypto assets could create arbitrage risks that players operating globally could exploit, the head of France's central bank said on Tuesday. read moreBut crypto assets, such as cryptocurrencies like bitcoin, are largely still unregulated globally. "We should be extremely mindful to avoid adopting diverging or contradictory regulations, or regulating too late," Villeroy told a conference on digital finance in Paris. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Leigh Thomas.

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. "Bitcoin miners have continued to watch margins compress - the price of bitcoin has fallen, mining difficulty has risen and energy prices have soared," said Joe Burnett, head analyst at Blockware Solutions. That's put serious pressure on some players who bought expensive mining machines, or rigs, banking on rising bitcoin prices to recoup their investment. Shares of Marathon Digital (MARA.O), Riot Blockchain (RIOT.O) and Valkyrie Bitcoin Miners ETF (WGMI.O) have sunk more than 60% this year, for example, while crypto-mining data center operator Compute North filed for bankruptcy last week. "From managing their balance sheet, processing units and energy costs, miners will look to stay afloat regardless of current market conditions," he added.

☆ Google's India policy head Gulati resigns - sources
▼ + stars: | 2022-09-26 | by ( Aditya Kalra | ) www.reuters.com time to read: +2 min

Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment. Register now for FREE unlimited access to Reuters.com RegisterGoogle is facing a series of antitrust cases in India and stricter tech-sector regulations. At Google, Gulati led a team of public policy executives who look at various regulatory implications for the company in India, one of its key growth markets. A number of Indian government officials have been hired by Big Tech companies as they face tighter data and privacy regulation, as well as competition law scrutiny, under Modi's federal government. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aditya Kalra in New Delhi Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

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