Wallace King, proposed by Nathaniel Rothschild as the new Bumi Plc chairman, expects to win enough backing from shareholders next month to oust incumbent Samin Tan amid a battle for control of the Indonesian coal venture. King spoke to Bloomberg Television's Olivia Sterns.
U.S. GDP Growth Misses Fourth-Quarter Forecast at 2.6%
Jan. 30 -- The U.S. economy expanded at a slower than expected pace in the fourth quarter as GDP grew by 2.6 percent while personal consumption topped expectations at 4.3 percent. Bloomberg’s Scarlet Fu reports on “In The Loop.”
Will Shake Shack Become the 21st Century’s McDonald’s?
FXCM Adopts Poison Pill to Keep Company Control
Sanctions on Russia Aren’t Working, Chizhov Says
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