China’s factory activity improved slightly in April, halting several months of decline, according to a survey made by British bank HSBC. Its flash PMI index for China, however, signals the contraction will endure.
Lenders behind Portugal's 2011 bailout have returned to the country one more time for a final evaluation of its performance under the rescue deal. The eurozone nation plans to exit the bailout scheme in mid-May.
One of China's smaller carriers, Shandong Airlines, has confirmed it's buying a batch of passenger planes from Boeing for billions of dollars. The deal marked a setback for European rival Airbus in a lucrative market.