United States of America

Castro knocks out U.S. trade embargo at UN

Castro knocks out U.S. trade embargo at UN. The Cuban President, Raul Castro spoke Saturday for the first time at the United Nations and salute renewed diplomatic ties with the U.S. as "major progress". However, he knocks out a US trade embargo as the number one hindrance to Cuba's economic development, as reported by MSN News.

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Blackstone to sell its stake in Indian drug maker Emcure Pharma to Bain Capital for INR650 crore

Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.

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Manufactured US goods barely increased, fiscal uncertainty reflected

Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.

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