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Top Stories - It`s time for a power trip (OZY)


Research shows a positive self-image impacts the way we perceive the weight of physical objects.


Wednesday, April 01, 2015  13:26

Yahoo

Business - U.S. private sector adds 189,000 jobs in March -ADP


U.S. private employers added 189,000 jobs last month, below economists` expectations and the lowest since January 2014, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 225,000 jobs. The ADP figures come ahead of the U.S. Labor Department`s more comprehensive non-farm payrolls report on Friday, which includes both public and private-sector employment. Economists polled by Reuters are looking for total U.S. employment to have grown by 245,000 jobs in March, down from 295,000 in February.


Wednesday, April 01, 2015  13:49

Yahoo

Business - Bentley designer raps Ford`s Lincoln Continental - Automotive News


Bentley Motors` top designer has criticized Ford`s new Lincoln Continental, fretting on social media about the car`s similarities with one of its own models, Automotive News reported late on Tuesday. The Lincoln Continental luxury saloon, unveiled this week by Ford at the New York auto show, resembles the Bentley Flying Spur, Automotive News reported, citing comments by Bentley design chief Luc Donckerwolke that were picked up by online publication Car Design News. `Do you want us to send the product tooling?` Donckerwolke posted on Lincoln designer David Woodhouses` Facebook page, a comment that was subsequently deleted, Automotive News said.


Wednesday, April 01, 2015  13:49

Yahoo

World - Reports: IS clashes with Palestinian group in Syrian capital


BEIRUT (AP) Syrian activists and a Lebanon-based TV station are reporting that Islamic State militants have infiltrated a Palestinian refugee camp in the Syrian capital, Damascus, and are fighting with a group inside the camp.


Wednesday, April 01, 2015  13:49

Yahoo

World - Survey finds European manufacturers getting more positive


LONDON (AP) A closely watched survey is showing that manufacturers across the 19-country eurozone are getting more optimistic about the future and are boosting hiring.


Wednesday, April 01, 2015  13:08

Yahoo

World - Upbeat European data prompts stock market turnaround


LONDON (AP) European shares rebounded from early losses on Wednesday as a monthly survey showed factory output at a 10-month high in March. U.S. markets were poised for modest losses at the open after slightly weaker than anticipated U.S. jobs data.


Wednesday, April 01, 2015  13:49

Yahoo

Business - Weak demand in Asia calls for more stimulus


Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth. Three separate surveys of China`s factory and services sectors released on Wednesday showed stubborn weakness in the world`s second-biggest economy, putting the government`s newly minted growth target of around 7 percent for the year at risk. The official Purchasing Managers` Index ticked up to 50.1 in March from 49.9 in February, but a separate private survey from HSBC which focuses on small and mid-sized firms showed factory activity contracted after two months of recovery. With their indexes hovering around the 50 level that separates a contraction in activity from an expansion, both reports indicate economic conditions remain sluggish, which may well be reflected in China`s first-quarter growth figures on April 15.


Wednesday, April 01, 2015  07:59

Yahoo

Business - Weak demand hits China factory, services firms in March, more easing seen


BEIJING/SHANGHAI (Reuters) - Surveys of China`s factory and services sectors showed stubborn weakness in the world`s second-biggest economy in March, adding to bets that Beijing will have to roll out more policy support to avert a sharper slowdown. Three separate surveys showed Chinese companies shed jobs last month as they struggled with soft demand and deflationary pressures, suggesting that economic growth may have slipped below 7 percent in the first quarter of 2015, which would be the weakest in six years. `We expect first-quarter growth to drop to 6.8 percent and the government might start easing policies significantly in the second quarter,` said Zhang Zhiwei, an economist at Deutsche Bank in Hong Kong, adding that the central bank may relax banks` reserve requirement ratio (RRR) as early as this week or next. `Growth faces headwinds from the property slowdown and a fiscal slide,` said Zhang, referring to a fall-off in government revenues that many worry could further dampen economic growth by crimping investment.


Wednesday, April 01, 2015  06:36

Yahoo

Business - Weak demand weighs on China factory, services firms in March, more easing seen


Surveys of China`s manufacturing and services sectors showed persistent weakness in the world`s second-biggest economy in March, adding to bets that Beijing will have to roll out more policy support to avert a sharper slowdown. The official Purchasing Managers` Index (PMI), released by the National Bureau of Statistics on Wednesday, edged up to 50.1 in March from February`s 49.9. In another sign that businesses faced lackluster demand, a separate survey of China`s services sector showed the official non-manufacturing PMI fell to 53.7 from February`s 53.9, hugging a one-year low of 53.7 struck in January. The services sector was the lone bright spot in China`s slowing economy last year, expanding strongly and creating more jobs even as activity in the factory sector fizzled.


Wednesday, April 01, 2015  03:36

Yahoo

Business - China official factory PMI unexpectedly edges up in March


Activity in China`s factory sector unexpectedly picked up in March but remained weak, an official survey showed, reinforcing signs of persistent sluggishness in the economy which may need further policy support. The official Purchasing Managers` Index (PMI), released by the National Bureau of Statistics on Wednesday, edged up to 50.1 in March from February`s 49.9, stronger than 49.7 percent predicted by analysts in a Reuters poll. The flash HSBC/Markit PMI released last week showed factory activity unexpectedly dipped to a 11-month low in March as new orders shrank, pointing to persistent weakness in the world`s second-largest economy. Weighed down by a property downturn, factory overcapacity and high levels of local debt, China`s economic growth is expected to slow to a quarter-century low of around 7 percent this year from 7.4 percent in 2014.


Wednesday, April 01, 2015  02:42

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