FedEx Tumbles as Weaker Outlook Stokes Doubts on Global Economy

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FedEx Tumbles as Weaker Outlook Stokes Doubts on Global Economy

FedEx Corp. plunged as as a darkening view of demand for shipping services outside the U.S. prompted the company to slash its profit forecast and pare international air-freight capacity.
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Investment Banker Exodus Hits Deutsche Bank in Hong Kong, Singapore

At least 20 bankers based in Hong Kong decamped for rivals, according to people with knowledge of the moves and a Bloomberg News analysis of
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India's Shadow-Bank Risks Put China in the Shade

… are going to fall off,” Saurabh Chawla, the outgoing chief financial officer of DLF Ltd., India's largest listed property developer, told Bloomberg News.
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Ferreting Out Three Fed Rate Scenarios

Many have noted, as reported by Bloomberg News's Lu Wang, that Fed rate hikes are extremely rare when share prices are this beaten up. But that is
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US Prevails in Subpoena Fight Against Mystery Corporation

A secretive battle over a grand jury subpoena in a case believed to be tied to Special Counsel Robert Mueller moved closer to resolution with a ruling
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