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Bacardi demands U.S. explain giving Havana Club brand to Cuba
February 1, 2016 by publisher · Leave a Comment
Bacardi on Monday sought U.S. records to explain the U.S. government's decision to strip the spirits company of its right to the Havana Club brand name and hand it back to a Cuban state company partnered with a global rival. Bacardi's Freedom of Information Act request is …
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Bacardi demands U.S. explain giving Havana Club brand to Cuba
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Two medical colleagues duel over Sumner Redstone’s mental fitness
January 18, 2016 by elegant · Leave a Comment
Doctors Stephen Read and James Spar are collaborators on a chapter of a forthcoming psychiatry textbook, colleagues at UCLA’s medical school and go-to court experts on the evaluation of mental fitness in the elderly. In the 2014 fight over whether owner Donald Sterling was fit to decide the fate of the Los Angeles Clippers basketball team, the two psychiatrists agreed
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Two medical colleagues duel over Sumner Redstone’s mental fitness
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OPEC sees oil market rebalancing in 2016, but Iran to counter non-OPEC decline
January 18, 2016 by publisher · Leave a Comment
OPEC forecast on Monday that oil supply from non-member countries will post a larger-than-expected decline this year due to the collapse in prices, boosting the need for crude from the producer group. Supply outside the Organization of the Petroleum Exporting Countries (OPEC) would decline by 660,000 barrels per day (bpd) in 2016, led by the United States, OPEC said in a
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OPEC sees oil market rebalancing in 2016, but Iran to counter non-OPEC decline
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Oil slumps below $28 to 2003 low as Iran sanctions lifted
January 18, 2016 by publisher · Leave a Comment
Oil prices slumped to a 2003 low below $28 per barrel on Monday as the market anticipated a rise in Iranian exports after the lifting of sanctions against Tehran over the weekend. Responding to Tehran's compliance with a nuclear deal, the …
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Oil slumps below $28 to 2003 low as Iran sanctions lifted
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VW proposes catalytic converter to fix U.S. test cheating cars – Bild am Sonntag
January 11, 2016 by creative · Leave a Comment
Volkswagen engineers have come up with a catalytic converter that could be fitted to around 430,000 cars in the United States as a fix for vehicles capable of cheating emissions tests, German daily Bild am Sonntag reported. The converter would be fitted to cars with the first generation…
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VW proposes catalytic converter to fix U.S. test cheating cars – Bild am Sonntag
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Ferrari recalls 185 California T vehicles due to fuel leak risk
December 26, 2015 by publisher · Leave a Comment
(Reuters) – Ferrari North America Inc., a division of Ferrari NV , is recalling some 2016 California T vehicles due to the risk of a fuel leak in the engine compartment, according to a U.S. Department of Transportation (DOT) notice on Friday. The higher risk of a leak, which increases the chances of fire, was the result of a manufacturing defect in a part provided by a supplier, according to a…
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Ferrari recalls 185 California T vehicles due to fuel leak risk
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Fed begins two-day meeting to decide on interest rate hike
December 15, 2015 by publisher · Leave a Comment
WASHINGTON (Reuters) – Top officials at the Federal Reserve on Tuesday began a two-day policy meeting that is expected to end with the first U.S. interest rate increase since 2006. The meeting began at 1 p.m. EST, a
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Fed begins two-day meeting to decide on interest rate hike
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First GM China-made import to U.S. to go on sale in mid-2016
December 5, 2015 by creative · Leave a Comment
By next summer, the Buick Envision small SUV will become the first General Motors Co model imported from China to be sold in the United States, the company said on Friday. Reuters reported in August that by 2017 most Buick's U.S. sales could be of models produced in either China or Europe. The Envision will give Buick three “crossover” vehicles in the U.S. market.
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First GM China-made import to U.S. to go on sale in mid-2016
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Yahoo board in final talks on future of company
December 5, 2015 by admin · Leave a Comment
By Deborah M. Todd SAN FRANCISCO (Reuters) – Yahoo Inc's board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley's most prominent but troubled companies. One option on the table for the nine board members is whether to sell Yahoo's core business, which includes Mail, its sports sites, and advertising technology. The company is also in …
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Yahoo board in final talks on future of company
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Fed’s Yellen faces battle in 2016 after getting all clear for December hike
December 5, 2015 by creative · Leave a Comment
WASHINGTON/PHILADELPHIA (Reuters) – Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Federal funds futures contracts imply a 79-percent chance that the Fed will end seven years of near-zero interest rates at its December meeting and about even odds of a second rate rise by March. Interest rate futures …
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Fed’s Yellen faces battle in 2016 after getting all clear for December hike