Phil Serafino

Stay informed with Phil Serafino’s coverage and analysis for Fortune.

  • Nicolas Hieronimus, chief executive officer of L’Oreal SA, during the 2024 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 9, 2024. The event typically doubles as a preview of how tech giants and startups will market their wares in the coming year and if early announcements are any indication, AI-branded products will become the new “smart” gadgets of 2024. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    L’Oreal sells €3 billion of Sanofi stock back to drugmaker

    By Phil Serafino, Angelina Rascouet, and others
  • French President Emmanuel Macron(C) greets Chairman and CEO of Euronext Paris Delphine d’Amarzit(R) after his speech during the annual tech conference “Inno Generation” organized by French investment bank Bpifrance in Paris on October 6, 2022. (Photo by Christophe PETIT TESSON / POOL / AFP) (Photo by CHRISTOPHE PETIT TESSON/POOL/AFP via Getty Images)Finance

    How France’s €100 billion national development bank is helping the French economy to thrive and redefining state-backed capitalism

    By Phil Serafino, Albertina Torsoli, and others
  • Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE, at the inauguration of the Atelier Louis Vuitton Vendome in Vendome, France, on Tuesday, Feb. 22, 2022. Arnault showed up at the new Louis Vuitton workshop in rural France, that will eventually create 400 jobs, with an A-list entourage that included French Finance Minister Bruno Le Maire as well as son Frederic. Photographer: Nathan Laine/Bloomberg via Getty ImagesLeadership

    LVMH boss Bernard Arnault sold his private jet so people on Twitter won’t track him anymore

    By Phil Serafino and Bloomberg
  • NEW YORK, NEW YORK – MARCH 09: People walk outside the AMC Empire 25 movie theater in Times Square amid the coronavirus pandemic on March 09, 2021 in New York City. It has been one year since COVID-19 was first reported in New York City. After undergoing various shutdown orders for the past 12 months, the city is currently in phase 4 of it’s reopening plan, allowing for the reopening of low-risk outdoor activities, movie and television productions, indoor dining as well as the opening of movie theaters, all with capacity restrictions. (Photo by Noam Galai/Getty Images)Finance

    AMC surges for eighth consecutive day as meme stock revival propels it toward longest streak since 2018

    By Phil Serafino, Bailey Lipschultz, and others
  • A Sanofi logo sits on the company’s headquarters in Paris, France. The drugmaker is under fire in its home country for suggestions it would make available in the U.S. first a new coronavirus vaccine under development.Health

    ‘Unacceptable:’ A new France-U.S. spat erupts over Sanofi’s coronavirus vaccine plans

    By Phil Serafino and Bloomberg
  • Paris Assesses Damage Following Notre Dame BlazeInternational

    Rival French Billionaires Pledge Over $600 Million to Rebuild Notre Dame Cathedral

    By Phil Serafino and Bloomberg