Bringing 100 Year Old Beer Brand Back to Life
On the next episode of Bloomberg Enterprise, Narragansett Brewing Company, founded in 1890, is in the midst of a global resurgence under the leadership of President Mark Hellendrung. With a new recipe and a flagship brewery under construction, the brand that survived Prohibition is now the fastest growing independent beer in New England. Don't miss Bloomberg Enterprise, Tuesday at 9:30pm ET/PT on Bloomberg Television. (Source: Bloomberg)
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Will Fed Adopt Hawkish Tone and BOJ Ease?
54:51 - The dollar added to a two-week gain against the yen amid speculation the Federal Reserve will signal policy makers are on course to raise interest rates while the Bank of Japan will expand stimulus at their respective meetings this week. The yen is the worst performer among 16 major peers this month. Thirty-two of 41 respondents surveyed by Bloomberg forecast the BOJ will ease monetary policy at its meeting on July 28-29. Hedge funds and other large speculators increased net positions that would benefit from a stronger dollar versus eight major currencies to the most in a month, according to the Commodity Futures Trading Commission. Coutts & Co Chief Investment Officer Alan Higgins discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."