• Reuters

    China's services activity eases in April but still solid, Caixin PMI shows

    China's services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a private sector survey showed on Monday. The Caixin/S&P Global services purchasing managers' index (PMI) eased to 52.5 from a 52.7 in March, remaining in expansionary territory for the 16th straight month. "The strong start to the year is consistent with the Caixin manufacturing and services PMIs, which have remained in expansionary territory for several straight months," said Wang Zhe, Senior Economist at Caixin Insight Group.

  • France 24

    EU chief will urge 'fair' China competition in Paris talks with Xi

    EU chief Ursula von der Leyen said Monday she will press for "fair" competition with China in talks with its President Xi Jinping, who is in Paris on a state visit. "We have to act to make sure that competition is fair and not distorted," she said in remarks issued hours before a face-to-face Paris meeting between her, Xi and French President Emmanuel Macron.She added that, previously with Xi, "I have made clear that the current imbalances in market access are not sustainable and need to be addr

  • Associated Press

    Larson edges Buescher at the line at Kansas Speedway in closest finish in NASCAR Cup Series history

    Kyle Larson beat Chris Buescher to the line at Kansas Speedway on Sunday in the closest finish in NASCAR Cup Series history. After a caution flag forced a green-white-checkered finish, Larson pulled behind Buescher on the backstretch of the final lap, then came around him through the final corner. The two cars banged doors as they headed for the stripe, and it was so close that both teams began to celebrate — though only Hendrick Motorsports was able to keep the party going.