Brazil's Richest Man Sells Gold Stake for $2B
Billionaire Eike Batista, Brazil’s richest man, is selling a 49 percent stake in his AUX gold business to Qatar Investment Fund Plc for about $2 billion, according to a person with knowledge of the transaction.
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Commerzbank to Cut 9,600 Jobs, Suspend Dividend
25:39 - Commerzbank plans to cut about 9,600 jobs and suspend dividends in an attempt to restructure its business model and shore up profitability. Bloomberg's Michael Moore reports on "Bloomberg Surveillance." (Source: Bloomberg)