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German 10-yr yields below zero as pound slides on Brexit risk

  BLOOMBERG Increasing odds of a U.K. exit from the European Union boosted demand for havens, sending Germany’s 10-year bond yields below zero for the first time. Stocks fell and the pound slumped to a two-month low. Treasuries also jumped and yields fell to records in Australia and Japan after four polls showed the campaign to take the U.K. out ...

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Sucden sees cocoa supply crunch lasting until end of year

  Bloomberg A supply crunch in cocoa that’s boosted prices will last until year-end, when production may rebound in West Africa, according to Sucres et Denrees SA. The worst desert winds in three decades that reduced the quality of cocoa in West Africa means some beans won’t be processed this season, making an expected shortage of 280,000 metric tons appear ...

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LinkedIn deal may spur more large-cap software, internet M&A

  Bloomberg Big Internet and software deals are rare. That may change in 2016. Microsoft Corp.’s $26.2 billion deal for LinkedIn Corp. could trigger other large-cap M&A for business software and Internet companies. NetSuite Inc. and Ultimate Software Group Inc. could both be targeted by companies including SAP SE, IBM Corp. and Oracle Corp. that want to strengthen their cloud-computing ...

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