Durable Goods Orders Increase on `Boeing Effect'
May 24 (Bloomberg) -- Bloomberg Economics editor Michael Mckee breaks down April's durable goods report as a spike in orders for Boeing aircraft bumped up the data. He speaks on Bloomberg Television's "In The Loop."
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Hinduja Looks to Buy Distressed Assets in India
07:03 - The Hinduja group of companies is one of Asia's largest multinational conglomerates with interests in the automobile sector, power, finance, healthcare, and much more. It's co-chaired by London-based siblings who are among Britain's wealthiest Asians. The company is betting on what they believe is a newly resurgent India and are looking to buy up distressed assets, specifically in the infrastructure and power sectors. Hinduja group chairman, Gopichand Hinduja told Bloomberg's Reenita Malhotra Hora the Indian banks have not necessarily made the process easy. (Source: Bloomberg)