Economy & Finance

Japan’s Takeda gains U.S. approval for $62 billion Shire buy

Japan’s Takeda gains U.S. approval for $62 billion Shire buy

Published 10/07/2018

TOKYO (Reuters) - Takeda Pharmaceutical Co Ltd on Tuesday said it has received U.S. approval for its $62 billion acquisition of London-listed Shire Plc, taking [more…]

Fuji Xerox chief sees no breakup of Fujifilm-Xerox JV

Fuji Xerox chief sees no breakup of Fujifilm-Xerox JV

Published 10/07/2018

TOKYO (Reuters) - The head of Fuji Xerox Co Ltd, the joint venture between Fujifilm Holdings Corp (4901.T) and Xerox Corp (XRX.N), on Tuesday said [more…]

Old fashion: Vintage boom buoys RealReal and jolts luxury labels

Old fashion: Vintage boom buoys RealReal and jolts luxury labels

Published 10/07/2018

PARIS/NEW YORK (Reuters) - Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The [more…]

Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

Former Goldman Sachs banker in 1MDB plea talks with U.S.: WSJ

Published 10/07/2018

SINGAPORE (Reuters) - A former Goldman Sachs Group Inc. (GS.N) banker is in talks with U.S. prosecutors to potentially plead guilty to criminal charges stemming [more…]

Do not blame OPEC, oil producer group says of Trump criticism

Do not blame OPEC, oil producer group says of Trump criticism

Published 10/07/2018

CALGARY, Alberta (Reuters) - The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil [more…]

Uber, Alphabet invest in bike sharing service Lime

Uber, Alphabet invest in bike sharing service Lime

Published 09/07/2018

(Reuters) - Bike sharing service Lime said on Monday it raised $335 million from a group of investors including ride-sharing firm Uber Technologies Inc and [more…]

How to cope with old medical debt

How to cope with old medical debt

Published 09/07/2018

NEW YORK (Reuters) - My kids got a great report from the dentist at their last checkup. From the receptionist? Not so much. When I [more…]

Third of sovereign funds plan to cut equity holdings, cite trade…

Third of sovereign funds plan to cut equity holdings, cite trade…

Published 09/07/2018

LONDON (Reuters) - Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in [more…]

Instant View: U.S. June payrolls gain more than expected

Instant View: U.S. June payrolls gain more than expected

Published 06/07/2018

(Reuters) - U.S. job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures [more…]