China factories scent hint of spring, Europe still chilly

By Jonathan Cable and Wayne Cole LONDON/SYDNEY (Reuters) – Activity in China's vast factory sector grew for the first time in nine months during March to bring a hint of spring to the global economy, although growth remained weak in …

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China factories scent hint of spring, Europe still chilly

China’s Anbang abandons $14 billion bid to buy Starwood Hotels

China's Anbang Insurance Group Co said on Thursday it has abandoned its $14 billion bid for Starwood Hotels & Resorts Worldwide Inc , paving the way for Marriott International Inc to buy the Sheraton and Westin hotels operator. The surprise withdrawal marks an anticlimactic end to a bidding war that had pitted Marriott's ambitions to create the world's largest lodging company, with about 5,700 hotels, against Anbang's drive to create a vast portfolio of U.S. real estate assets. It also represents a blow…

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China’s Anbang abandons $14 billion bid to buy Starwood Hotels

Hillary Clinton to propose $10 billion manufacturing investment

By Alana Wise WASHINGTON (Reuters) – Democratic presidential candidate Hillary Clinton on Friday will propose a $10 billion investment in partnerships to encourage the growth of the U.S. manufacturing sector as part of a national push to discourage outsourcing in the industry. Clinton is slated to roll out the proposal on Friday in Syracuse, New York, ahead of the state's nominating contest on April 19. New York has long been a

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Hillary Clinton to propose $10 billion manufacturing investment

Tesla unveils $35,000-Model 3 with range of 215 miles

By Alexandria Sage and Joseph White HAWTHORNE, Calif. (Reuters) – Tesla Motors gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production. Tesla Chief Executive Elon Musk unveiled a prototype of the Model 3 in Hawthorne, California outside Los Angeles to hundreds of Tesla owners and the media, saying the vehicle will go into production in 2017 at a starting price of $35,000. Tesla shares have jumped …

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Tesla unveils $35,000-Model 3 with range of 215 miles

Strong U.S. jobs report unlikely to sway cautious Fed

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employment increased solidly in March and wages rebounded, underscoring the economy's resilience, but the Federal Reserve is expected to remain cautious in raising interest rates this year due to slowing global growth. Nonfarm payrolls increased 215,000 last month, the Labor Department

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Strong U.S. jobs report unlikely to sway cautious Fed

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