Proposed Bumi Chairman King Expects to Oust Tan

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.

Wal-Mart, Retailers Search for a Black Friday Boost
05:18 - In today's "Morning Must Read," Bloomberg’s Tom Keene recaps the op-ed pieces and analyst notes providing insight behind today's headlines on "Bloomberg ‹GO›." (Source: Bloomberg)
  • AIG Attempts to Hold off Icahn, Regulators at the Gate
  • Black Friday Brings Out Shoppers In-Store and Online
  • German 2-Year Yield Falls Outside the Box