Bloomberg For UK Plc, the sting of Brexit comes with an unexpected bonus. With no effort on their part, the biggest British businesses may see pension deficits that have burdened them for years be practically wiped out if long-term bond yields rise 50 basis in the next year and they budget for slowing gains in life expectancy, according to estimates …

Bloomberg Prime Minister Shinzo Abe’s ruling coalition retained its two-thirds parliamentary majority in Sunday’s general election, unofficial results showed, bolstering his chances at becoming Japan’s longest-serving leader. Abe’s Liberal Democratic Party and coalition partner Komeito won at least 310 of the 465 up for grabs, according to results shown on public broadcaster NHK. Opposition parties split the rest, with the …

WASHINGTON / Reuters US President Donald Trump hailed the defeat of IS figh-ters in their self-proclaimed capital of Raqqa as “a crit- ical breakthrough” in a worldwide campaign against the militants. The Kurdish-dominated Syrian Democratic Forces (SDF) had formally announced Raqqa’s liberation from IS after four months of battles and said the city would be part of a decentralized federal …