Lonmin Acting CEO: We Are Not Up for Sale
Lonmin Plc, the third largest platinum producer, posted a full-year loss as output was reduced during a six-week wildcat strike in South Africa marked by violence that claimed the lives of about 46 people. Chief Financial Officer Simon Scott says the company is not up for sale. He spoke on Bloomberg Television's "On the Move."
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Impact of Rising Debt on China's Markets
10:03 - China's debt is at unprecedented levels, with most of it coming from state-owned enterprises. Morgan Stanley's China CEO Wei Sun Christianson told Bloomberg that speeding up reforms of SOEs is key to solving China's debt problem. (Source: Bloomberg)