Major earthquake hits Mexico on ‘cursed’ anniversary, at least one person killed

MEXICO CITY (Reuters) – A powerful earthquake struck western Mexico on Monday, the anniversary of two devastating earthquakes, killing at least one person, damaging buildings, disrupting electricity and sending Mexico City residents out for safety. The government said one person was killed in the Pacific port of Manzanillo when the roof of a department store … Read more

Exclusive, India’s largest lender asks exporters to trade with Bangladesh in rupees and taka

NEW DELHI (Reuters) – State Bank of India is the largest lender (SBI.NS) It has asked exporters to avoid settling deals with Bangladesh in dollars and other major currencies as it seeks to limit exposure to Dhaka’s declining reserves, according to an internal document and a source. Bangladesh’s $416 billion economy is grappling with rising … Read more