Li & Fung Sees Order Delays on `Uncertain’ U.S.

Aug. 22 (Bloomberg) –- Bloomberg’s John Dawson reports on Li & Fung’s CEO issuing a warning to investors saying conditions in its key U.S. and European markets remain challenging after it reported core operating profit declined 9%. He speaks to Angie Lau on “First Up.” (Source: Bloomberg)
Bank Profitability Declining in Europe: Morilla-Giner
42:11 - Banks' profitability is declining in Europe as Tier 1 capital is built up and they become safer institutions, according to Pau Morilla-Giner, chief investment officer of London & Capital Group Ltd. He spoke in an interview with Jonathan Ferro on Bloomberg Television's "On the Move." Bloomberg's Julia Verlaine also took part in the discussion. (Source: Bloomberg)
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