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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

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Oil hits 2016 high above $40; glut warnings resurface

Brent crude rose on Monday, hitting a 2016 peak above $40 a barrel as producers sought a new anchor price for oil after a selloff that has lasted nearly two years, although some analysts warned the global glut is still big. Global crude prices have risen more than 40 percent since two months ago when…

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Oil hits 2016 high above $40; glut warnings resurface

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. “As BlackBerry continues to execute its turnaround plan, we remain focused on driving efficiencies across our global workforce,” the company said in an emailed statement. The layoffs will affect

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

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White House threatens veto of rule-based monetary policy bill

By Jason Lange WASHINGTON (Reuters) – The White House on Tuesday issued a veto threat for a Republican-backed bill to make the Federal Reserve set interest rate policy using a mathematical rule, a proposal Fed Chair Janet Yellen said would “severely damage” the U.S. economy. The Obama administration opposes the proposal because it would hinder the Fed's ability to help the economy, the White House said in a statement. Lawmakers in the U…

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White House threatens veto of rule-based monetary policy bill

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Monsanto could take lead role in agchem acquisitions: executives

Monsanto Co. executives are discussing whether they should acquire rivals, including top pesticide maker Syngenta AG, company executives said on Tuesday, as talk of consolidation continues in the global agrochemical industry. “We've had conversations inside” about Syngenta and other agricultural companies, Monsanto President Brett Begemann said at an investor meeting at its headquarters in St. Louis. Company executives were studying every possibility for consolidation in both the seed and agrochemical sectors

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Monsanto could take lead role in agchem acquisitions: executives

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