Europe Stocks Up as Hermes, Swiss Re Beat Estimates

European stocks rebounded from the biggest drop in two weeks as results from companies including Hermes International SCA and Swiss Re Ltd. beat estimates. U.S. equity-index futures advanced, oil gained from the lowest level in almost four months and the yen strengthened.
Andy Xie: China's Problem 'Misallocation of Resources'
31:02 - Andy Xie, an independent economist, talks about China's economic policies. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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