RBA Cuts 2016 Underlying Inflation Forecast

Australia’s central bank forecast core inflation is unlikely to reach the bottom of its target this year and will probably only do so in the ensuing two years as the developed world’s disinflation quandary spreads. Three-year bond yields plunged to a record. Bloomberg's Paul Allen reports on "Trending Business." (Source: Bloomberg)

Infosys CEO Resigns After Criticism From Founders
25:10 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)
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