Why Avis Is Buying Car-Sharing Service Zipcar

Jan. 2 (Bloomberg) -- Avis Budget Group agreed to buy Zipcar, which rents cars by the hour or day, for $491 million, after losing in a race to acquire Dollar Thrifty Automotive Group. Christina Alesci reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Australia Rate Cut `Done Deal' Next Week, Lawson Says
28:53 - Toby Lawson, head of global markets, Australia, at Societe General SA, talks about what will influence the Reserve Bank of Australia's policy decision when it meets Tuesday. Lawson also discusses the economic state of China and Japan, and why dollar strength will persist this year. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
  • Thousands of Vietnam Workers Strike Over Pension Law
  • U.S. March Auto Sales Exceed Analysts' Estimates
  • Macau Casinos Post Second Worst Monthly Revenue Decline