July 21 (Bloomberg) –- Bloomberg’s Sunanda Jayaseelan reports on Reliance, the world’s largest oil refinery, beating analysts estimates as refining margins causes the company’s net profit to jump. She speaks to Rishaad Salamat on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
Hedge Fund-Replicating ETFs Hurt By Summer Selloff
21:08 - Hedge funds replicating ETFs are seeing returns lagging behind the S&P, while funds in distressed debt are seeing their worst year since 2008. Bloomberg's Joe Ciolli and Simone Foxman report on "Bloomberg Markets." (Source: Bloomberg)
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