Luxury Crackdown Spurs Fashion Rentals in China

Aug. 25 (Bloomberg) –- Buying luxury in China is fast becoming a hunting ground for the bargain hunters. The ENORMOUS appetite remains, yet the internet is muscling in on the high street with heavy discounts. And if you don't want to BUY, you can RENT at a fraction of the price. Bloomberg's John Dawson has the story. (Source: Bloomberg)
How Glencore's 'Aggressive Drop' Made It Attractive
43:14 - David Herro, partner at Harris Associates, discusses his reason for buying Glencore shares, how he views the company's balance sheet and not looking to act as an activist investor with the miner. He speaks on "Bloomberg Surveillance." (Peter Grauer, the chairman of Bloomberg LP, the parent of Bloomberg News, is a senior independent non-executive director at Glencore.) (Source: Bloomberg)
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