Bloomberg 2016-03-30 14:30 China Startup `Little Red Book‘ Said to Be Valued at $1 Billion The “Little Red Book” has become a symbol of capitalist success in Communist China. 2 min.
Bloomberg 2016-03-26 14:30 Ukraine President's Premier Nominee Struggles to Muster Support Ukrainian Parliament Speaker Volodymyr Hroisman, backed by President Petro Poroshenko to head a new government to lead the country out of a political tumult that’s halted the flow of international financial aid, is struggling to assemble a parliamentary majority as parties bicker before a vote on his candidacy next week. 4 min.
Bloomberg 2016-03-25 11:35 Russia Loses Buyside Support for Eurobond After Banks Balk Russia’s attempt to return to global capital markets under sanctions is meeting resistance from the last place Finance Minister Anton Siluanov expected: Eurobond investors. 3 min.
Bloomberg 2016-03-22 23:00 Brussels Attack Could See Security Cordon Shift to Airport Door Airports that don‘t require people to undergo security checks until they move beyond the departure hall may be forced to consider a shift to screening at every entrance following Tuesday‘s bombings in Brussels. 4 min.
Bloomberg 2016-03-17 13:57 How GE Exorcised the Ghost of Jack Welch to Become a 124-Year-Old Startup Overlooking the Hudson River in Ossining, N.Y., there’s a grassy, 59-acre campus owned by General Electric. It’s an executive training center where the company holds management and leadership classes, some of them led by the chief executive himself. Jack Welch, who ran GE in the 1980s and ’90s, would arrive by helicopter. He’d make his way to a windowless auditorium known as the Pit where a group of managers waited. They used to call him “Neutron Jack,” because he was known for firing so many people that only the buildings were left standing. Neutron Jack and his executives would engage in an aggressive form of corporate group therapy, raising their voices as they aired their frustrations with the company and each other. Later, they would have drinks at the White House, the campus bar. It drove business magazines wild with excitement. “The class sits transfixed as Welch’s laser-blue eyes scan the auditorium?…?,?” wrote Businessweek in 1998. 16 min.
Bloomberg 2016-03-16 11:30 Putin‘s Retreat Brings Hope, Not Fear, in Smoky Damascus Cafe At a smoke-filled cafe in downtown Damascus, there was more hope than concern over Russia‘s decision to reduce its military presence in Syria. 3 min.
Bloomberg 2016-03-15 18:26 Valeant Plunges the Most Ever on Forecast Cut, Warning Over Debt Valeant Pharmaceuticals International Inc. shares plunged Tuesday morning in their worst day ever, falling 42 percent after the company cut its 2016 forecast, reported a weak fourth quarter and said it risked breaching some of its debt agreements if it can’t file its annual report in time. 4 min.
Bloomberg 2016-03-10 17:30 Putin‘s Ex-PM, Facing Death Threats, Warns of Vote Crackdown The Kremlin is putting „unprecedented“ pressure on opposition activists as President Vladimir Putin prepares for his toughest electoral test amid Russia‘s longest recession in two decades, according to his former prime minister. 4 min.
Bloomberg 2016-03-09 12:35 Gold’s Best Start Since 1974 Shows It’s Not Just Inflation Hedge For an asset touted as a hedge against inflation, gold’s doing pretty well right now. 3 min.
Bloomberg 2016-03-07 15:57 Draghi Aims ECB’s Killer Blow in 11th Round Versus Deflation Mario Draghi is about to attempt his 11th round in the European Central Bank’s epic fight against the threat of deflation. 4 min.
Bloomberg 2016-03-03 17:00 Winterkorn Missed VW Scandal Warning Signs in 2014 Memos Martin Winterkorn, the former Volkswagen AG chief executive officer famed for his obsessive attention to detail, missed warning signs preceding the biggest scandal in the carmaker‘s history that led to his downfall. 4 min.
Bloomberg 2016-03-02 11:29 Bank Payouts at Risk in Sweden Following Latest Regulatory Blow Once the darlings of European finance, Sweden’s banks have had a harder time of late. 2 min.
Bloomberg 2016-03-01 18:00 EU Membership Not Key for London‘s Future, Mayor‘s Report Says Staying in the European Union isn‘t key to London being Europe‘s most economically powerful city, according to a report published by Mayor Boris Johnson, the most prominent member of Britain‘s ruling Conservative Party to advocate leaving the bloc. 1 min.