Austria Downgrade Ends Era in Club of Europe’s Safest Borrowers

Australian billionaire Brett Blundy wages high-stakes campaign to oust chair of Victoria’s Secret

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeoverAustralian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US on Thursday. Blundy’s investment firm, BBRC International, owns about 13% of the US-listed Victoria’s Secret lingerie brand, making it the...

India Equity Fund Investors Turn Cautious as War Risks Grow

A passenger sits below an advertisement for the Mutual Funds Sahi Hai campaign by the Association of Mutual Funds in India (AMFI) at a bus stop in Mumbai, Maharashtra, India, on Thursday, May 18, 2017. Flows into mutual funds from towns outside India's 15 biggest cities surged 41 percent to a record 3.1 trillion rupees ($48 billion) at the end of March, according to the latest data from the AMFI. Photographer: Dhiraj Singh/Bloomberg

BOJ Ueda’s Absence Fuels Market Nerves Over Press Conference

Kazuo Ueda Photographer: Aaron Schwartz/Bloomberg

TDK US CEO on Plans to Acquire Fabric8Labs