Buenos Aires - Brazilian President Luiz Inacio Lula da Silva said it best for how much of Latin America holds sees the US presidential elections on November 4.
He was upbeat about a victory for centre-left Democrat Barack Obama, the 47-year-old US senator.
"This (financial) crisis, among other benefits it will cause, will get Obama elected as president of the United States. It will get a black man elected, which is no small matter," Lula said bluntly.
San Francisco - Microsoft on Thursday reported first-quarter results that exceeded analysts' expectations, with profits up 2 per cent to 4.37 billion dollars.
Sales rose 9.4 percent to 15.1 billion dollars in the quarter that ended September 30, the company said in a statement, spurred by the demand for Office programmes and the Xbox video game console.
The world's largest software maker said sales for the full fiscal year, ending June 30, 2009, would be between 64.9 billion dollars to 66.4 billion dollars.
Brasilia - Brazilian President Luiz Inacio Lula da Silva on Thursday called for "urgent" reform in international financial institutions as the ongoing credit crisis has put developing countries at risk.
"The progress that our countries have made is at risk. The global financial crisis can affect developing countries in an unfair and particularly harsh way," he said.
Bank of India has shown a 80 percent increase in net profit during the period July-September with both interest and Non-interest incomes going up. The bank has registered a profit of Rs 7.63 billion as against Rs 4.25 billion last year. Also the total income has shown a rise from Rs 36.03 billion last year to Rs 46.12 billion. While the net interest income rose to Rs 13.63 billion against Rs 9.86 billion a year back, whereby improving the net interest margin from 3.04 percent a year back to 3.2 percent now.
Buenos Aires - Brazilian President Luiz Inacio Lula da Silva said it best for how much of Latin America holds sees the US presidential elections on November 4.
Tokyo - Japan markets continued their losing streak Friday with the key Nikkei index dropping nearly 3 per cent.
San Francisco - Microsoft on Thursday reported first-quarter results that exceeded analysts' expectations, with profits up 2 per cent to 4.37 billion dollars.
Brasilia - Brazilian President Luiz Inacio Lula da Silva on Thursday called for "urgent" reform in international financial institutions as the ongoing credit crisis has put developing countries at risk.
Bank of India has shown a 80 percent increase in net profit during the period July-September with both interest and Non-interest incomes going up. The bank has registered a profit of Rs 7.63 billion as against Rs 4.25 billion last year. Also the total income has shown a rise from Rs 36.03 billion last year to Rs 46.12 billion. While the net interest income rose to Rs 13.63 billion against Rs 9.86 billion a year back, whereby improving the net interest margin from 3.04 percent a year back to 3.2 percent now.
