Business

MEXICO CITY, Nov 9 (NNN-Prensa Latina) — The president of Mexico, Andrés Manuel López Obrador, rejected the economic, commercial and financial blockade that the US government has applied to Cuba for more than half a century.

To a question from a journalist in his press conference at the National Palace about voting at the United Nations, where 187 countries once again condemned Washington’s aggressive measure against the island, the president reiterated the traditional policy of Mexico.

9 Nov 2019; MEMO: Israel is worried about the potential European Court of Justice’s (ECJ) binding ruling to label products of illegal Israeli settlements built in the occupied West Bank, East Jerusalem and Golan Heights, Israel Hayom reported on Friday.

New Delhi, Nov 8 (PTI) Allahabad Bank on Friday reported widening of net loss to Rs 2,103.19 crore for the September quarter 2019-20 due to higher provision for bad loans.

The state-owned lender had registered a loss of Rs 1,816.19 crore during the year-ago period, according to a regulatory filing.

In the preceding June quarter, the bank clocked a profit of Rs 128 crore.

Mumbai, Nov 8 (PTI) Equity benchmark BSE Sensex tumbled 330 points on Friday as investors pressed the exit button after Moody's cut India's credit rating outlook citing growth concerns.

Profit-booking following the recent record-setting run and unease over frothy valuations also took their toll, analysts said.

Washington, Nov 9 (AFP/PTI) President Donald Trump said Friday he has not agreed to roll back tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.

Amid a steady stream of conflicting reports, Trump's remarks appeared to push back against Beijing's claims that the two sides had agreed to remove tariffs in stages as part of a partial deal announced last month.

Mumbai, Nov 8 (PTI) The rupee on Friday plummeted by 31 paise to hit an over three-week low of 71.28 against the US dollar after Moody's Investors Services cut India's rating outlook to negative citing growth concerns.

Moody's has changed the outlook on the country's ratings to 'negative' from 'stable', saying there was increasing risks that economic growth will remain materially lower than the past.

New Delhi, Nov 8 (PTI) The corporate India is forecasting deteriorating growth for October-December period this year as optimism for new orders and sales prices has hit the lowest level in nearly 18 years, a report said on Friday.

The Dun & Bradstreet Composite Business Optimism Index stood at 56.4 for December quarter this year, registering a decline of 19.5 per cent as compared to the year-ago period.

Munich (Germany), Nov 8 (AFP/PTI) The outgoing president of the European Commission Jean-Claude Juncker said Friday he believes the US will not impose new tariffs on imported European cars in the coming days.

President Donald Trump's administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector, a symbol of American manufacturing.

New Delhi, Nov 7 (PTI) The Delhi government has demanded more onions from the Centre for distribution in the city, Chief Minister Arvind Kejriwal said on Thursday after a sudden rise in the vegetable's price.

The retail price of onions has risen by 45 per cent in the past week to Rs 80 per kg in the national capital. The rate stood at Rs 55 per kg on October 1, according to official data.

Dankuni; 08 Nov 2019 (UMM): A man has approached Manappuram Finance Limited’s branch in West Bengal seeking loan against gold, his cow, after West Bengal BJP Chief Dilip Ghosh claimed that milk produced by Indian cows contains gold in it.