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Elon Musk's 'Teslaquila' drink faces clash with Mexican tequila industry

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MEXICO CITY (Reuters) – Tesla Inc co-founder Elon Musk and Mexico’s tequila producers could be headed for a collision after the agave-based drink’s industry group opposed the flamboyant billionaire’s efforts to trademark an alcoholic drink dubbed “Teslaquila.” FILE PHOTO: Farmers, also known as jimadores, load blue agave hearts onto a truck after harvest in Tequila, Read More

Nike hires former Coca-Cola executive as Jordan Brand president

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FILE PHOTO: The logo of Nike (NKE) is seen in Los Angeles, California, U.S., April 12, 2016. REUTERS/Lucy Nicholson/File Photo (Reuters) – Nike Inc (NKE.N) on Tuesday named former Coca-Cola Co (KO.N) executive Craig Williams as president of its sports shoes unit Jordan Brand. Williams, who will take charge on Jan. 14, most recently headed Read More

Nigerian firm takes blame for routing Google traffic through China

7 hours ago DieselGasoil Comments Off on Nigerian firm takes blame for routing Google traffic through China
FILE PHOTO: A man walks past the brand logo of Alphabet Inc’s Google outside its office in Beijing, China, August 8, 2018. REUTERS/Thomas Peter SAN FRANCISCO (Reuters) – Nigerian internet provider Main One Cable Co took responsibility on Tuesday for a glitch that caused some Google traffic to be temporarily misrouted through China, saying it Read More

Juul Labs to pull sweet e-cig flavors to curb youth use

7 hours ago DieselGasoil Comments Off on Juul Labs to pull sweet e-cig flavors to curb youth use
(Reuters) – Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products. FILE PHOTO: JUUL e-cigarette vaping pods are shown in this photo illustration taken September Read More

U.S. pigs out on bacon, ribs as trade wars cut chicken demand

11 hours ago DieselGasoil Comments Off on U.S. pigs out on bacon, ribs as trade wars cut chicken demand
CHICAGO (Reuters) – Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump’s trade wars reduce U.S. pork exports to China and Mexico and leave cheaper bacon and ribs at home. FILE PHOTO: Bacon is fried up in a pan in a kitchen in this photo illustration in Read More

Tyson Foods quarterly sales miss estimates, shares fall

12 hours ago DieselGasoil Comments Off on Tyson Foods quarterly sales miss estimates, shares fall
(Reuters) – Tyson Foods Inc (TSN.N) reported quarterly sales on Tuesday that missed Wall Street estimates, as the top U.S. meat processor was hit by lower demand for chicken, sending shares down nearly 7 percent. FILE PHOTO: Tyson Foods brand frozen chicken wings are pictured in a grocery store freezer in the Manhattan borough of Read More

ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address

1 day ago DieselGasoil Comments Off on ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address
11/12/2018 Photo: His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO, ADNOC. Abu Dhabi — The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of Read More

Cosmetics giant Coty replaces CEO, chairman

2 days ago DieselGasoil Comments Off on Cosmetics giant Coty replaces CEO, chairman
(Reuters) – Coty Inc (COTY.N) replaced its chief executive officer and chairman on Monday, days after the cosmetics giant spooked investors by saying it was grappling with a supply chain issues that could hurt its performance this fiscal year. FILE PHOTO – A trader works at the trading post that trades Coty Inc. on the Read More

SoftBank seeks hard cash in Japan telco IPO

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TOKYO (Reuters) – SoftBank Group Corp (9984.T) has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its Japanese telecoms business, in a deal that will seal the group’s transformation into a top global technology investor. Japan’s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his Read More

Japan's SoftBank steps closer to transformation with mammoth mobile IPO

2 days ago DieselGasoil Comments Off on Japan's SoftBank steps closer to transformation with mammoth mobile IPO
TOKYO (Reuters) – SoftBank Group Corp (9984.T) has won approval to conduct a 2.4 trillion yen ($21.04 billion) initial public offering (IPO) of its domestic telecoms business, in a deal that will seal the group’s transformation into a top global technology investor. A journalist raises her hand to ask a question to Japan’s SoftBank Group Read More