Zoomlion Strikes Back at Allegations
Zoomlion Heavy Industry Science & Technology Co., China’s second-biggest construction-equipment maker, said it doesn’t exaggerate profits and that allegations about its financial information are “false, groundless and misleading."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
46:29 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)