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HONG KONG: Tencent Holdings Ltd. is putting about 10 percent of its managers on notice, as China’s largest gaming and social media company shakes up its workforce amid cooling growth and intensified competition, according to people familiar with the matter.
NEW YORK: The mash-up of old and new media may not be a winning combination for the new S&P communication services sector index as its highest fliers face regulatory threats and challenges to user growth.
WASHINGTON: The Federal Reserve published a fresh set of economic forecasts last week covering the next three years. Economists have been trying to make sense of the 2018 outlook ever since.
NEW YORK: Take China and technology, put them together, and what do you have? One of the best performing exchange-traded funds (ETFs) in the world.
LONDON: After a decade pushing its non-food business, Tesco, Britain’s biggest retailer is changing, and a conspicuous focus on fresh produce greets shoppers at its newly-styled superstores.
MENGTOUGOU, China: One day last summer, the man slated to become China's next premier strolled through a run-down alley between cramped brick huts and then toured a construction site a few miles away where brightly painted tower blocks promised new homes for the country's poor.