Alcatel Consider Selling Assets as Losses Mount

Alcatel-Lucent SA, the French phone- equipment maker trading near a 23-year low, is considering asset sales to bolster its finances after posting a loss and consuming more cash as demand for its gear wanes. The stock fell.

How Long Will Chinese Growth Rates Decline For?
51:26 - China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a five-year low exacerbated depreciation pressure. UBS Head of Global Asset Allocation Mads Pedersen discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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