Cahuzac Admits to Offshore Account, French Incensed
April 8 (Bloomberg) -- Bloomberg's Gregory Viscusi reports the French government is investigating former Budget Minister Jerome Cahuzac after he acknowledged having an offshore bank account. He speaks on Bloomberg Television's "The Pulse."
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8,000-Mile Journey Spurs Vale Shift as Iron Outlook Fades
37:15 - For years, Brazil's Vale SA fought with rival iron-ore producers in Australia to supply the fast-expanding steel industry in China by building more mines and boosting output. But slowing demand and prospects of a multi-year glut are changing the battle lines. Now, it’s all about protecting ever-narrowing profit margins. Bloomberg's R.T. Watson reports. (Source: Bloomberg)