China capital markets outflow hits record high in Nov after Trump election win

SHANGHAI (Reuters) -China’s capital markets outflow reached a record high of $45.7 billion in November, according to official data tracking cross-border payments, as Donald Trump’s U.S. presidential election win roiled global portfolio flows. Cross-border receipts from portfolio investments were $188.9 billion, while payments totalled $234.6 billion, resulting in the biggest monthly deficit on record, according …

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India’s GreenLine Mobility to supply LNG trucks to Exide Industries

(Reuters) – India’s GreenLine Mobility Solutions, a part of the retail-to-mining Essar Group, said on Tuesday it will supply battery manufacturing firm Exide Industries with liquefied natural gas (LNG) trucks. The partnership will help Exide reduce logistics-related emissions and align its supply chain with sustainability goals. (Reporting by Yagnoseni Das in Bengaluru; Editing by Mrigank …

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US hits North Korea and Russia with new sanctions, Treasury says

By Timothy Gardner and Doina Chiacu WASHINGTON (Reuters) -The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang’s financial and military support to Moscow as well as its ballistic missile program. The sanctions, which list North Korean banks, generals and other officials, as well as Russian oil shipping companies, are …

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Cricket-Black Cap ‘champion’ Southee bows out a winner at home ground

By Nick Mulvenney (Reuters) – Tim Southee, once half of the most feared new-ball partnership in the game, brought down the curtain on a glittering 16-year test career after New Zealand crushed England for a consolation win in Hamilton on Tuesday. New Zealand’s all-time top wicket-taker with 776 victims across all formats, the 36-year-old retires …

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Carraro India sets price band of 668-704 rupees per share in downsized IPO

(Reuters) – Carraro India [CARD.NS] has set a price band of 668 rupees to 704 rupees per share ($7.87-$8.29) for its downsized $147 million initial public offering, a newspaper advertisement showed on Tuesday. Carraro India, a unit of Italian vehicle transmission systems manufacturer Carraro International, makes axles and transmission systems for agricultural tractors and construction …

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Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

By David Ljunggren and Ismail Shakil OTTAWA (Reuters) – Canadian Finance Minister Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing an unexpected blow to an already unpopular government. Freeland said she was quitting in the wake of a meeting last Friday …

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