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More From Bloomberg

Brazil’s January Retail Sales Rise Above All but Two Estimates

Brazil's retail sales in January unexpectedly rose, as the central bank continues to raise rates in the…

China Lowers Growth Target to About 7% as Headwinds Intensify

The country has set its lowest economic growth target in more than 15 years as leaders tackle the side…

PayPal’s Dan Schulman Suggests Partnerships Coming After Split

PayPal will be an attractive payments partner and is open to new alliances after completing its spinoff from…

China Factory Gauge Highlights Weakness That Spurred Rate Cut

A Chinese factory gauge signaled contraction again in February.

Ann Inc. Seen Seeking Buyer, Stock Jumps 9%

The retailer is said to have reached out to potential buyers, including rivals, in recent weeks.