Billabong Tumbles on Forecast

Billabong International Ltd., Australia’s biggest surfwear maker, said it may consider a A$527 million ($554 million) takeover offer from Sycamore Partners LLC as the company cut its earnings forecast as much 49 percent.
OnePlus Launches New Handset Today
30:15 - Bloomberg Intelligence's Jitendra Waral discusses the launch of the OnePlus 2 handset with Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
  • Turkey Looks to Narrow Trade Gap With China
  • Malaysia Upgraded in Human Traffic Report
  • Brent Returns to a Bear Market on Overproduction Woes