Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for October delivery fell $1.60 to $39.77 a barrel Friday. Brent crude oil for November delivery fell $1.41 to $42.66 a barrel.
Benchmark U.S. crude oil for October delivery fell $1.60 to $39.77 a barrel Friday. Brent crude oil for November delivery fell $1.41 to $42.66 a barrel.
Oil prices fell more than 3% on Friday and posted their biggest weekly decline since June as fears of a slow economic recovery from the COVID19 pandemic compounded worries about weak oil demand.
The exercise is aimed at triggering competition among states to improve business climate in order to attract domestic and global investors.
The chances of Britain leaving the European Union without a trade deal have risen sharply as negotiations have been threatened by London's insistence that it have full autonomy over its state aid plans, negotiators and diplomats said.
According to the initial PIM provision, necessary security clearance, if required, shall be taken as per extant instructions of the Government of India.
Britain named former Australian Prime Minister, Tony Abbott, as a trade adviser on Friday, rejecting complaints from critics that his conservative views about women and gay people made him unfit to represent the United Kingdom.
U.S. employment growth slowed further in August and permanent job losses increased as money from the government started running out, raising doubts on the sustainability of the economy's recovery from the deep COVID19 recession.
The commission's chairman N K Singh said as the pandemic has created a more uncertain world, the commission did not brush aside the suggestion, however, a final decision on providing a range as fiscal deficit targets is yet to be taken.
Wall Street's main indexes extended declines on Friday, with the Nasdaq on track for its worst twoday fall since March as technology stocks sold off again, overshadowing data showing a steeperthanexpected drop in the August unemployment rate.
Caixabank and stateowned Bankia are set to agree a merger to create Spain's biggest domestic lender in the coming days, two sources told Reuters, in a deal expected to lead to hefty job losses and kick off a new wave of industry consolidation.
Virgin Atlantic announced 1,150 more job cuts on Friday due to the coronavirus crisis, saying its 1.2 billion pound ($1.6 billion) rescue deal alone was not enough to secure its future.
U.S. job growth slowed further in August as financial assistance from the government ran out, threatening the economy's recovery from the COVID19 recession.
Since its start as a grocery pushcart, the Fauchon delicatessen has been on the same spot in central Paris for 134 years where it was buffeted by two World Wars, countless mass demonstrations, strikes and riots.
Sebi said the decision to attach the accounts was taken after Mehul Choksi, the uncle of diamantaire Nirav Modi, failed to pay fine imposed on him.
Commerce and Industry Minister Piyush Goyal on Friday said the animation, visual effects (VFX) and gaming industry holds huge export potential for India and the segment can add a lot in the country's foreign exchange earnings. He also said that startups and young entrepreneurs have huge potential in the sector.
Welcoming the Maharashtra government's move to fully reopen hotels, the Hotel and Restaurant Association of Western India's (HRAWI) on Friday urged the government to allow restaurants to reopen with dinein services as well. The association had written to the state government seeking relaxations for the hospitality industry, including the reopening of restaurants and also allowing hotels to operate at 100 per cent capacities, HRAWI said in a statement.
Mortgage lender HDFC Ltd on Friday said it will raise up to Rs 5,000 crore by issuing bonds on private placement basis. The issue size is of Rs 2,000 crore, with an option to retain oversubscription of Rs 3,000 crore, HDFC said in a regulatory filing.
The civil aviation ministry needs to consider introduction of remote identification system for drones instead of 'No Permission No Takeoff (NPNT)' framework, according to majority of participants in a survey. Recently, the ministry notified Draft Unmanned Aircraft System (UAS) Rules 2020.
Telecom operator Vodafone Idea on Friday said its board of directors has approved plans to raise up to Rs 25,000 crore. The funds will be raised through a combination of equity and debt instruments and the total fundraising will not exceed Rs 25,000 crore, the company said in a regulatory filing. It also mentioned, "issuance of unsecured and/or secured, nonconvertible debentures up to an aggregate amount of Rs 15,000 crore, by way of public offering or private placement basis or otherwise, in one or more tranches".
The union also claimed that 30,000 contractual workers have already been retrenched under the company’s retrenchment process and added that all such workers remained unpaid for more than a year.
Srei Equipment Finance Limited (SEFL) on Friday said it has successfully closed 10 million Euro export financing deal from European KfW IPEXBank that would enable easy deployment of German construction equipment in India. The financed machinery from a German construction machine manufacturer includes asphalt machines, road pavers and rollers.
The higher contraction has resulted from the stringent lockdown that India enforced in the April-June quarter. India enforced the most stringent lockdown as reflected in the Government Response Stringency Index developed by Oxford University, the ministry said in its Monthly Economic Review for August.
The US unemployment rate dropped to 8.4 per cent in August with the addition of over 1.4 million new jobs, a latest monthly report said on Friday, reflecting that the world's biggest economy, which was severely hit by the COVID19 pandemic, is on its path to recovery. The report, released by the Department of Labour, also said that in August, the unemployment rate declined by 1.8 percentage points to 8.4 per cent, and the number of unemployed persons fell by 2.8 million to 13.6 million.
The outlook on the ratings of the four banks is negative. It affirmed Punjab National Bank's (PNB) long-term local and foreign currency deposit ratings at Ba1 and its BCA at B1 but changed its ratings outlook to negative from stable.
After parting ways with President Jerry Falwell Jr in the wake of personal scandals, Liberty University has hired a firm to investigate “all facets” of Falwell’s tenure, including the school’s financial and real estate operations.
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