Why Did India Scrap $753M Helicopter Contract?

Jan. 2 (Bloomberg) -- India scrapped a $753 million deal to buy helicopters from Anglo-Italian company AgustaWestland following a corruption investigation and said it appointed an arbitrator to protect the government's interests. Zeb Eckert has more on Bloomberg Television's "First Up." (Source: Bloomberg)

Focus on EU GDP Gains Over Low Inflation: Bandholz
56:30 - Harm Bandholz, chief U.S. economist at Unicredit, talks about GDP growth in the European Union and concerns over long-term inflation rates. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
  • Amazon and the Evolution of the U.S. Economy
  • Barofsky: Financial System Probably Safer Than 2008
  • RBS Net Loss More Than Doubles on U.K. Repayment