Gains in commodity producers and carmakers pushed European stocks up for a second day.
The Volkswagen emissions scandal has widened with South Korea ordering the recall of thousands of cars and issuing a fine of more than $12M. Bloomberg's Juliette Saly reports on "Asia Edge." (Source: Bloomberg)
The U.K. should cut its emissions 57 percent from 1990 levels by 2030, a panel advising the government said, suggesting more work is needed to lower greenhouse gases from heating and transport.
Porsche’s SUVs are such a hit with Chinese consumers that they account for about three-quarters of its sales in the country, overshadowing sports cars like the iconic 911 that leads in its home market.
After trust issues doomed Suzuki Motor Corp.’s alliance with Volkswagen AG, the Japanese carmaker now has to win over shareholders skeptical of plans for its crucial partnership with India’s largest carmaker.
Jacob J. Lew, the secretary of the Treasury, sought to underscore the administration's opposition to any meaningful concessions on Dodd-Frank. Bloomberg View's Paul Dwyer weighs in on "Bloomberg Markets." Her opinions are her own. (Source: Bloomberg)
Daniel Yergin, vice chairman at IHS, talks with Erik Schatzker about how oil prices factor into U.S. oil producers' ability to maintain production levels amid declining rig counts and looks ahead to oil prices through 2016. He speaks on "Bloomberg Markets." (Source: Bloomberg)
There's one thing Republicans and Democrats vying for their parties' nomination for president in 2016 seem to agree on, the evil of Wall Street. Bloomberg View columnist Al Hunt and David Barse, chief executive officer at Third Avenue Management, examine the rhetoric on both sides of the aisle on "Bloomberg ‹GO›." (Hunt is a Bloomberg View columnist. The opinions expressed are his own.) (Source: Bloomberg)
Wall Street banks may be close to winning one of their biggest lobbying fights this year by beating back U.S. requirements that would have led to billions of dollars of additional costs on derivatives trading.
The morning after cancer-center firm 21st Century Oncology Inc. cut its earnings forecast for 2015 last week, money manager Rajay Bagaria woke up to find his holdings of the junk-rated company’s bonds had lost 19 percent of their market value overnight.
The Spanish economy slowed in the third quarter, indicating the recovery may have peaked ahead of next month’s general election.
Coal’s future in the world’s energy mix is secure even as governments adopt stricter policies to tackle climate change, according to the head of coal and copper at Rio Tinto Group, the world’s second-biggest mining company.
Japan will boost its annual financial support to 1.3 trillion yen ($10.6 billion) by 2020 to help developing countries tackle climate change.
President Xi Jinping’s overhaul of China’s energy industry took a step forward as PetroChina Co. announced plans to unload $2.4 billion in Central Asian pipelines.
China is opening up its crude-import market to private companies quicker than expected as the government looks to ease an economic slowdown, according to the general manager of oil trader China Zhenhua Oil Co.
John Zuccotti, a former New York City deputy mayor and chairman of global operations for Brookfield Asset Management Inc. who oversaw landmark Manhattan properties including the World Financial Center, has died. He was 78.
An arm of Nicholas Schorsch’s investment empire pressured employees into rigging shareholder proxy votes, Massachusetts’ securities regulator alleged in a complaint filed Thursday.
Deutsche Bank AG sold a property in central Frankfurt that’s set to become the German city’s biggest construction site to a local developer.
Commodities trader Michael Coscia was found guilty in a major victory for the government in its first test of a criminal spoofing law at trial.
Michael Coscia began testifying in his own defense in the first-ever “spoofing” prosecution, in which he is charged with making $1.4 million by illegally playing both sides of the market.
Dr. Reddy’s Laboratories Ltd. fell to the lowest level in nine months after the U.S. Food and Drug Administration posted a previously disclosed letter warning the company over violations of good manufacturing practices.
A Chinese journalist whose jailing for leaking secrets drew an international outcry could be released within days, her lawyers said, after a Beijing court reduced her sentence.
A United Nations probe into a deadly mine spill in Brazil said waste from a burst dam was toxic and steps taken by BHP Billiton Ltd. and Vale SA to prevent harm weren’t sufficient. The companies’ joint venture Samarco Mineracao SA said there’s no danger to human health. BHP shares fell.
South Australian Labor Premier Jay Weatherill, who has already broken ranks with his federal opposition colleagues by backing a higher goods and services tax, proposed on Thursday an overhaul of revenue distribution to push forward the country’s debate on tax changes.
Martin Shkreli, whose pharmaceutical company has been criticized for raising the price of a drug by more than 5,000 percent, said the increase barely causes a ripple in the health-care system.