Cheung Kong Profit Without Unit Rises on Rentals
March 26 (Bloomberg) -- Cheung Kong Holdings, the builder controlled by Asia’s richest man, said 2012 profit excluding contributions from unit Hutchison Whampoa rose 6 percent as rental income growth offset a decline in home sales. Mia Saini reports on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
43:24 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)