Tesla Motors Inc. fell Friday to the lowest price in six weeks after Barclays downgraded the stock to the equivalent of a sell rating.
James Bevan, chief investment officer at CCLA Investment Management, discusses the outlook for the banking sector, his thoughts on Volkswagen being compared to Lance Armstrong and Bernie Madoff, and the coming Ferrari IPO. He speaks with Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Lapo Elkan, grandson of the late Fiat chairman Giovani Agnelli, discusses what he calls the “legend” of Ferrari. He appears on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Roger Carr, chairman at BAE Systems, discusses the emissions scandal at Volkswagen and impact a mixed gender board has on companies. He speaks with Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Ben Davis, analyst at Liberum, discusses the outlook for various commodities and his thoughts on investing. He speaks with Jonathan Ferro on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
David Herro, partner at Harris Associates, discusses his reason for buying Glencore shares, how he views the company's balance sheet and not looking to act as an activist investor with the miner. He speaks on "Bloomberg Surveillance." (Peter Grauer, the chairman of Bloomberg LP, the parent of Bloomberg News, is a senior independent non-executive director at Glencore.) (Source: Bloomberg)
Blue Elephant Capital Management, the investment firm founded by ex-Nomura Holdings Inc. traders to snap up loans created through online marketplaces, is expanding into new waters: financing used boats.
Sprint Corp. Chief Financial Officer Tarek Robbiati, who joined about a month ago to help turn around the unprofitable carrier, said he will cut about 10 percent of operating costs to save $2 billion, and identified another $500 million of reductions in equipment spending.
Malaysia’s central bank said it proposed criminal proceedings against a debt-ridden state investment company after its probe found inaccurate disclosures, a recommendation the Attorney General dismissed as it concluded there was no wrongdoing.
President Dilma Rousseff of Brazil was so close with her chief of staff that aides said if she ever fired him it would be like firing herself.
HRG Group Inc., which counts Leucadia National Corp. as its largest shareholder, agreed to sell gas fields in Louisiana and Texas as Chief Executive Officer Omar Asali reshapes the company.
Slowing growth in emerging markets and slumping commodity prices are posing fresh challenges to the euro-area economy, which may need to be countered by adjustments to quantitative easing, European Central Bank President Mario Draghi said.
The U.K. government’s failure to spell out future policy on offshore wind power is putting the industry’s growth at risk, said the country’s biggest developer, Dong Energy A/S.
Russia’s stocks, bonds and currency headed for weekly gains amid signs that political risks in the country are abating, paving the way for an easing of international sanctions tied to the Ukraine conflict.
Lego A/S’ decision to take a stake in a German offshore wind farm is tied to the toymaker’s own clean-energy target and doesn’t mark a new core business area, Chief Executive Officer Joergen V. Knudstorp said.
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, will create a new publicly traded subsidiary by spinning off a portion of its private-equity arm through a special $500 million dividend.
The hedge fund offers expensive loans to tribes with limited options.
Richard Rainwater, the Texas investor who helped the Bass family turn a $50 million oil inheritance into a reputed $5 billion fortune, has died. He was 71.
45 Park Place developer Sharif El-Gamal plans a 70-story residential tower, with amenities to evoke a five-star hotel.
An expected pickup in property-price growth and an expanding buy-to-let mortgage market aren’t undermining U.K. financial stability, the Bank of England said.
Al Noor Hospitals Group Plc confirmed that it had received an informal offer from NMC Health Plc, a United Arab Emirates health-care company.
NMC Health Plc, a United Arab Emirates health-care company, made an approach to Al Noor Hospitals Group Plc about a possible offer that would challenge an earlier proposal by South Africa’s Mediclinic International Ltd.
A jeweler charged in the U.K.’s biggest insider-trading prosecution won’t stand trial in January because of health concerns.
U.S. stocks were little changed as optimism from a winning streak that’s put the Standard & Poor’s 500 Index on track for its best week of the year was offset by disappointing results from Alcoa Inc.
Countries can’t count on other economies for growth as trade slows and emerging markets retrench, Bank of England Governor Mark Carney said.