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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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
48:30 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)