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Saudi Arabia invites Qatar to talks over Iran tensions – Doha

28 mins ago NAMEX Comments Off on Saudi Arabia invites Qatar to talks over Iran tensions – Doha
Qatar says that it has received an invitation from Saudi Arabia to attend emergency regional talks to discuss mounting tensions between Tehran and Washington. Riyadh had called two gatherings – one for Arab League members, the other for Gulf Cooperation Council (GCC) regional bloc nations – after a spate of attacks. Several tankers in Gulf Read More

Fiat Chrysler puts merger offer to Renault board

2 hours ago NAMEX Comments Off on Fiat Chrysler puts merger offer to Renault board
MILAN/PARIS (Reuters) – Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo The proposal, finalised in Read More

Iraq offers to mediate between US, Iran amid ongoing tensions

5 hours ago NAMEX Comments Off on Iraq offers to mediate between US, Iran amid ongoing tensions
Iraqi Foreign Minister Mohamed Alhakim, right, shakes hands with his visiting Iranian counterpart Mohammad Javad Zarif at the Ministry of Foreign Affairs Building in Baghdad, Iraq.  (AP) BAGHDAD – Iraq offered to mediate in the crisis between its two key allies, the United States and Iran, amid escalating Middle East tensions and as Tehran’s nuclear Read More

Left-wing Greek PM Tsipras calls for snap elections after party takes beating at EU & home polls

8 hours ago NAMEX Comments Off on Left-wing Greek PM Tsipras calls for snap elections after party takes beating at EU & home polls
Greece’s left-wing Prime Minister Alexis Tsipras, whose Syriza party has suffered a major blow at the European polls, has said he would ask the country’s president to call early elections. With a third of the ballots counted, Tsipras’ Syriza is trailing some 10 percent behind its main rival, conservative New Democracy Party. According to the Read More

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

14 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

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

16 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

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

16 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

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

18 hours ago NAMEX Comments Off on FOCUS-Fiat Chrysler’s Italian headaches show challenges of global tie-up
* Fiat Chrysler and Renault in talks on a deal – sources * Struggling Italian plants are a challenge for a tie-up * Any closures may face political and labour opposition * GRAPHIC on European plants: tmsnrt.rs/2WZ1U6o By Giulio Piovaccari and Pamela Barbaglia TURIN, Italy/LONDON, May 26 (Reuters) – Fiat Chrysler has been angling for Read More

Pakistan’s PM vows to work together with India’s Modi, after states nearly went to war in February

20 hours ago NAMEX Comments Off on Pakistan’s PM vows to work together with India’s Modi, after states nearly went to war in February
Pakistan’s PM Imran Khan told Indian counterpart Narendra Modi in a phone call that both states should work together for ‘betterment” of their people. It comes after a crisis in February almost saw the nuclear powers go to war. During his talk with Modi, Khan wished for India and Pakistan to strive for “peace, progress Read More

Venezuela crisis: Maduro officials & Guaido’s opposition to hold talks in Norway

1 day ago NAMEX Comments Off on Venezuela crisis: Maduro officials & Guaido’s opposition to hold talks in Norway
Both Caracas and Venezuelan opposition leader Juan Guaido have confirmed they sent their representatives to Oslo for talks scheduled to begin next week, a second such attempt at dialogue within two weeks. As the Venezuelan government and the opposition remain deadlocked, with Western-backed, self-proclaimed ‘interim president’ Guaido failing to enlist enough support from the military Read More