Xstrata Board Backs Bid, Global Airline Profits

Oct. 1 (Bloomberg) -- In today's "Bloomberg Equities Report," Bloomberg's Betty Liu reports that Xstrata's board is backing Glencore's bid for the company, global airline profits are forecast to rise for the year and Faceook CEO Mark Zuckerberg is traveling to Moscow to attend as programming conference. She speaks on Bloomberg Television's "In The Loop."
Why Is There Excessive Optimism on the Dollar?
28:36 - David Bloom, global head of FX strategy at HSBC, discusses the optimism over the U.S. dollar and what will happen to the currency when the Fed raises rates. He speaks to Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
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