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Stone will report to Chief Executive Jim Hackett. “Bob’s leadership was integral to Ford’s comeback during the great recession,” Hackett said. The automaker also named Mark Ovenden to the role of president of International Markets Group, replacing Peter Fleet, who will retire. Fleet previously served as president of Asia Pacific - a region that reported the biggest loss during the fourth-quarter, hit by plummeting sales in China. Ford, which ended 2018 with $23.1 billion in cash, said its losses in China would narrow this year.

WASHINGTON (Reuters) - The International Monetary Fund supports the U.S, Federal Reserve’s decision to halt its campaign to raise interest rates as a prudent move amid economic uncertainty, IMF spokesman Gerry Rice said on Thursday, “Given the range of global uncertainties facing the U.S, economy, we support the Fed’s decision to be patient tiffany knot cufflinks in determining future changes to the Federal Funds rate,” Rice told a regular biweekly news conference, “The Federal Reserve’s continued adherence to the principles of data dependence and clear communication, we believe, will help to minimize any market disruptions and spillovers from its policy decisions.”..

(Reuters) - American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country’s trading partners following President Donald Trump’s tariffs on steel and aluminum imports, an industry group said on Thursday. Canada, China, Mexico and the European Union slapped import duties ranging from 10 percent to 25 percent on U.S whiskey and bourbon last year, resulting in a 11 percent drop in U.S. whiskey exports in the second half, according to a report from the Distilled Spirits Council.

For the first six months of 2018, whiskey exports grew 28 percent compared to the same period in 2017, partly helped by companies like Jack Daniels maker Brown-Forman Corp, fast-tracking shipments overseas, especially to Europe, before the tariffs kicked in, Overall for the full-year 2018, whiskey exports rose 5.1 percent to $1.18 billion, a significant drop from the 16 percent rise seen in 2017, Exports to the European Union fell 13.4 percent in the second half of tiffany knot cufflinks the year, after rising 33 percent during the first six months..

The European Union, which imposed a 25 tariff on American whiskey, is the largest market for the liquor, accounting for nearly 60 percent of total exports, according to the Council. Earlier in March, Brown-Forman said absorbing the costs of tariffs in key European markets was the primary reason for the decline in its third-quarter gross profit margin. The company also said its sales would take a hit in 2019 if the tariffs were to remain in place. “The damage to American whiskey exports is now accelerating, and this is collateral damage from ongoing global trade disputes,” Distilled Spirits Council Chief Executive Officer Chris Swonger said.

ZURICH (Reuters) - Roche tiffany knot cufflinks is seeking damages and compensation in a U.S, lawsuit against former executives of a Utah-based company, the Swiss drugmaker’s latest case targeting what it calls fraudulent schemes involving its diabetes test strips, Roche has filed several lawsuits in U.S, federal court in which it alleges individuals and companies obtained low-priced diabetes test strips meant for mail-order customers, only to re-direct them for sale via pharmacies where higher prices allowed them to profit from the difference..

“Defendants caused Roche to wrongfully pay over $87 million in rebates and to lose a similar amount of sales of retail strips,” according to Roche’s complaint filed in U.S. District Court in New Jersey on Tuesday against more than a dozen defendants including Jeffrey C. Smith, chief executive at Utah’s Alliance Medical Holdings until 2017. In Utah, where Alliance Medical filed for bankruptcy protection in 2017 after a raid by federal agents seeking evidence of potential healthcare fraud, Roche contends Smith and others from 2011 to 2017 sought fraudulent reimbursements for 1.84 million 50-count boxes of Roche diabetes test strips.

Smith did not immediately return phone calls and tiffany knot cufflinks e-mails seeking comment, For America’s 30 million people with Type 1 and Type 2 diabetes and prick their fingers daily, blood glucose test strips help keep their glucose levels in check, preventing blindness, heart disease or death, These plastic strips are costly, running to $160 for boxes of 100 and creating incentives for a “grey market” away from formal retail channels that strip makers contend is vulnerable to fraud and safety concerns..

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