China’s manufacturing picks up speed

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Factory output rose at its fastest pace in almost a year in March, but the slower-than-expected increase suggests economic rebound remains fragile
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Japanese business sentiment ticks up

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Tankan survey shows companies expect further improvements in business conditions following Shinzo Abe’s aggressive push for monetary stimulus
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A worker starts to clean up oil after an Exxon Mobil pipeline ruptured in Mayflower, Ark. (AP Photo/The Log Cabin Democrat, Angela Spencer)

Exxon to excavate Pegasus crude pipeline to find cause of leak

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About 12,000 barrels of oil and water have been collected so far near Mayflower, Arkansas, after “a few thousand barrels were observed in the area,” the Mayflower Incident Unified Command Joint Information Center, which includes Exxon, Faulkner County and the city of Mayflower, said in a statement Sunday.
(Photo: Steve Snodgrass/Flickr)

Worker killed in Arkansas nuclear plant accident

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One worker died and three others were injured Sunday morning when a heavy piece of equipment fell on them at an Arkansas nuclear plant, officials said.

Pyongyang enters ‘state of war’ with Seoul

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North Korea has spent several weeks condemning US-South Korea joint military exercises and UN sanctions that followed its nuclear test last month
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Russia gears up for shale boom

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Lukoil’s vice-president is warning Russia’s leaders that tax changes are vital to maintain the oil flow that is fuelling an industrial renaissance
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China deaths raise bird flu fears

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The deaths of two men in Shanghai from a strain of bird flu have raised the spectre of a new epidemic 10 years after the Sars virus caused panic
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Blow for ECB as wider loan rates hit south

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Goldman Sachs’ interest rate divergence indicator shows companies in southern Europe are paying significantly higher interest rates than northern rivals
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Rush to find Cypriot cash escape route

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At least three people have attempted to flee country in recent weeks with more than €200,000 in cash on their person, according to official sources
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Novartis warns India over drug patent

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Warning that refusal to grant patent protection for medicine would have repercussions for multinational drug companies’ activities in the country
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