The Billionaire's Battle for Australian Media

Kerry Stokes may gain an unfair advantage for sports rights if he takes over an Australian pay-television business for which Rupert Murdoch’s News Corp. has offered $1.94 billion ($2 billion), the regulator said.

European Bank Spreads Signal Concern
57:19 - Peter Tchir, head of macro strategy at Brean Capital, discusses the European banking sector, coco bonds and what the ECB can do to relieve the bank stress. He speaks to Bloomberg's Joe Weisenthal and Alix Steel on "Bloomberg Markets." (Source: Bloomberg)
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