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Peru, Colombia, Ecuador and Bolivia denounce decision on Amazon domain

22 mins ago NAMEX Comments Off on Peru, Colombia, Ecuador and Bolivia denounce decision on Amazon domain
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, May 13, 2019. REUTERS/Pascal Rossignol/File Photo LIMA (Reuters) – The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision by the organization that manages internet protocol to grant global retailer Amazon Inc the rights to the .amazon Read More

Uniper chairman calls for signal from Fortum to resolve dispute

3 hours ago NAMEX Comments Off on Uniper chairman calls for signal from Fortum to resolve dispute
FRANKFURT (Reuters) – Uniper’s chairman on Sunday said talks with major shareholder Fortum to resolve a dispute between the two companies were on hold after two of the German utility’s board members resigned. FILE PHOTO: A logo of German energy utility company Uniper SE is pictured in Duesseldorf, Germany, March 8, 2018. REUTERS/Thilo Schmuelgen/File Photo Read More

UPDATE 5-Carmakers FCA and Renault to go public on tie-up talks

4 hours ago NAMEX Comments Off on UPDATE 5-Carmakers FCA and Renault to go public on tie-up talks
MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm tie-up talks on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture taken May 19, Read More

UPDATE 2-Teva Pharm to pay Oklahoma $85 mln to settle opioid claims

4 hours ago NAMEX Comments Off on UPDATE 2-Teva Pharm to pay Oklahoma $85 mln to settle opioid claims
BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries Ltd said on Sunday it had agreed to pay an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped fuel the U.S. opioid epidemic. FILE PHOTO: The logo of Teva Pharmaceutical Industries, Tel Read More

Schlumberger, Halliburton suffer downturn as shale patch tightens belt

5 hours ago NAMEX Comments Off on Schlumberger, Halliburton suffer downturn as shale patch tightens belt
By David Wethe on 5/26/2019 Photo: Schlumberger Limited Chairman and CEO Paal Kibsgaard. HOUSTON (Bloomberg) — Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the U.S. shale patch translates into less drilling and fracing work for the world’s top oilfield services provider. The rating was cut a notch to Read More

Flour recalled after 17 people in 8 states sickened with E. coli, CDC says

5 hours ago NAMEX Comments Off on Flour recalled after 17 people in 8 states sickened with E. coli, CDC says
A grocery store chain has issued a recall for bags of flour over concerns about E. coli contamination after at least 17 people have been sickened in eight states. ALDI said in a news release on Thursday that 5-pound bags of Baker’s Corner All-Purpose Flour made at an ADM Milling Co. production facility in Buffalo, Read More

Fiat Chrysler’s Italian headaches show challenges of global tie-up

6 hours ago NAMEX Comments Off on Fiat Chrysler’s Italian headaches show challenges of global tie-up
TURIN, Italy/LONDON (Reuters) – Fiat Chrysler has been angling for a combination with another automaker for years, and its latest attempt – for a global tie-up with France’s Renault – could address some of the main weaknesses of both companies, sources say. Fiat Chrysler Automobiles (FCA) workers exit the Mirafiori plant in Turin, Italy May Read More

Carmakers FCA and Renault to go public on tie-up talks

6 hours ago NAMEX Comments Off on Carmakers FCA and Renault to go public on tie-up talks
MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are set to confirm tie-up talks on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation. FILE PHOTO: The logo of FIAT carmaker is seen on a steering wheel in Cairo, Egypt, May 19, 2019. Picture taken May 19, Read More

Teva Pharm to pay Oklahoma $85 million to settle opioid claims

6 hours ago NAMEX Comments Off on Teva Pharm to pay Oklahoma $85 million to settle opioid claims
BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Sunday it had agreed an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped to fuel the U.S. opioid epidemic. A man walks past the logo of Teva Pharmaceutical Industries at Read More

‘Complete nonsense’: Elon Musk denies Tesla toilet paper shortage reports

7 hours ago NAMEX Comments Off on ‘Complete nonsense’: Elon Musk denies Tesla toilet paper shortage reports
Tesla founder Elon Musk has denied reports that things have gotten so bad at the self-driving car company that even toilet paper is being rationed. “This is complete nonsense,” Musk tweeted under an Electrek Co. article that claimed Tesla’s ‘hardcore’ cost-cutting efforts extended to cutting back on office supplies, including toilet paper. This is complete Read More