Glencore's Glasenberg Makes $33B Bet on Coal

Oct. 4 (Bloomberg) --In a "Bloomberg Billionaires" report, Bloomberg's Deirdre Bolton reports that Glencore CEO Ivan Glasenberg is betting big on a rebound in coal prices form a 31-month low with his $33 billion bid for Xstrata. She speaks on Bloomberg Television's "In The Loop."

Market Turmoil: What Will Stop the Selloff?
59:59 - Andrew Sullivan, sales trading managing director at Haitong International Securities, discusses the global market selloff, the soaring yen and what it will take to stop the rout. He speaks to Bloomberg's Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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