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(Bloomberg) -- McKinsey & Co.’s Bob Sternfels is experiencing a tougher than expected bid for re-election as global managing partner after a backlash against his push to restrucuture the company, the FT reported. Most Read from BloombergHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionTrump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again.Burger King Is Serving Whoppers With a Side of Cring...

Shares in Asia were mixed while Treasuries fell after declines in European bonds, eroding a November rally in US debt. Oil extended losses. • None Hulu for…

Italian telecom operator Fastweb is exploring a potential deal for Vodafone Group Plc’s local operations, according to people with knowledge of the matter. •…

One of China’s largest shadow banks warned it’s “severely insolvent,” with a debt pile more than two times higher than assets, according to a letter seen by…

Alibaba Group Holding Ltd. founder Jack Ma is walking back plans to trim his stake after the Chinese e-commerce heavyweight suffered its biggest selloff in…

Stocks in Europe struggled for traction on Thursday and bonds fell as activity surveys showed a recession in the euro area is looking increasingly likely. •…

Deere & Co. shares slid the most in 18 months after the company forecast smaller-than-expected profit next year, with slowing equipment demand from farmers…

Deere & Co. forecast smaller-than-expected profit next year, with slowing equipment demand from farmers starting to weigh on the world’s largest tractor…

McKinsey and the $860 billion management consulting industry grapples with budget cuts and layoffs amid ethics scandals.

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