Alcatel Wins $2B Loans From Goldman, Credit Suisse

Alcatel-Lucent SA reached a 1.6 billion-euro ($2.1 billion) financing deal, gaining time to overhaul the French phone-equipment maker and try to sell as much as 1.5 billion euros of assets.
Shui On's Lo: China Property Recovery Not Across Board
57:51 - Billionaire Vincent Lo, chairman of Shui On Land Ltd., a Chinese developer, talks about the property markets in the mainland and Hong Kong. Shui On may sell part of a Shanghai prime-office project next to its iconic Xintiandi project before listing its commercial property unit. Lo spoke Friday with Bloomberg Television's Stephen Engle in Shanghai. (Source: Bloomberg)
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