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Fire at New Delhi factory kills 43

MUMBAI (Reuters) – At least forty-three people were killed in India’s capital New Delhi on Sunday when a fire swept through a six-storey factory where laborers were sleeping, government officials said. The factory was making handbags and lots of raw material was stored inside the building due to which the fire spread quickly, local media …


China November exports unexpectedly fall, but imports rebound

BEIJING (Reuters) – China’s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute. The 17-month long trade war has heightened the risks of a global recession and fueled speculation that Beijing will unleash …