The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

Tencent under pressure to step up its game as regulatory…

HONG KONG(Reuters) – Tencent Holdings, which has lost some $200 billion in market value this year, is facing fresh criticism from analysts and investors unnerved by regulatory roadblocks, a fuzzy overseas strategy and growing debt. FILE PHOTO: A sign of Tencent is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China December 3, 2017. REUTERS/Aly Song/File PhotoThe […]

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Takeda weighs sale of Shire’s eye care business to cut debt: Bloomberg

(Reuters) – Japan’s Takeda Pharmaceutical (4502.T) is considering selling Shire Plc’s (SHP.L) eye care business once it closes its $62 billion purchase of the London-listed drugmaker, as it looks to cut the debt raised to fund the deal, Bloomberg reported on Thursday. Takeda Pharmaceutical Co’s logo is seen at its new headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-HoonTakeda […]

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Exclusive: Adobe in talks to buy marketing software firm Marketo:…

(Reuters) – Adobe Systems Inc, the maker of image-editing software Photoshop, is in negotiations to buy Marketo Inc, a privately held cloud-based marketing software company, according to people familiar with the matter. An Adobe Systems Inc software box is seen in Los Angeles, California, U.S., March 13, 2017. REUTERS/Lucy Nicholson Private equity firm Vista Equity Partners Management LLC took Marketo […]

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Renewed hopes for U.S.-China trade talk weigh on dollar, lift yuan

TOKYO (Reuters) – The dollar came under pressure and the Chinese yuan held gains on Thursday after a report that Washington was seeking a new round of trade talks with Beijing reduced safe-haven demand for the U.S. currency. U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/IllustrationThe euro and the pound stood […]

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Oil prices fall as economic concerns counter tightening supplies

SINGAPORE (Reuters) – Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. FILE PHOTO: A pump jack operates at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File PhotoU.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.99 […]

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US producer prices post first drop in more than a year

Rising interest rates having cooling effect on the economy? Cornerstone Macro co-founder Nancy Lazar on the state of the economy, the markets and the impact of trade tensions and rising interest rates. WASHINGTON, Sept 12 (Reuters) – U.S. producer prices unexpectedly fell in August, recording their first drop in 1-1/2 years, as declines in the prices of food and a […]

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There’s no way to avert the next financial crisis, warn former regulators from 2008 meltdown

Reforms have strengthened the financial system. Banks have bolstered their balance sheets. Regulators now examine financial institutions once a year to make sure they can weather a downturn. Yet a decade after the financial crisis, there’s no telling when the next calamity will strike, according to three regulators who helped steer the country through the meltdown. “It’s a forever war,” […]

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