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China’s factory rebound heralds improvement in global outlook

Bloomberg China’s first official economic gauge for March signalled a stabilisation in the world’s second-largest economy, easing one of the biggest worries for the global outlook. The manufacturing purchasing managers index rose to 50.5 from 49.2 last month, the biggest increase since 2012 and exceeding all estimates by economists. Both new orders and new export orders — leading sub-gauges that ...

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China suspends tariff on US autos, parts

Bloomberg China continues to suspend retaliatory tariffs on US autos and car parts from April 1. The end date for the suspension may be given at a later date, the Ministry of Finance said in a statement on its website. It added that China hopes to continue talking with the US about trade issues and to make efforts to end ...

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Coca-Cola turns to grandmas’ recipes in India

Bloomberg First came a type of cumin-flavoured sparkling water. Next up is a mix of unripe mangoes and spices. After that could be buttermilk. Then maybe some potions based on a 2,000 year-old system of traditional medicine. That’s a rough outline of Coca-Cola Co’s strategy in India as it tries to outrun the global decline in consumption of sugary sodas. ...

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