Europe's Refugee Crisis
Metro AG shares rose to the highest in more than three months after the German retailer proposed a surprise dividend increase and vowed to pay more of earnings to shareholders, citing better operating performance and a stronger balance sheet.
Abengoa SA started creditor protection proceedings after Gonvarri Corporacion Financiera pulled out of a plan to invest in the embattled renewable-energy company.
Belgium issued an arrest warrant for a new suspect in the Paris attacks as an unprecedented lockdown in Brussels slowly began to come to an end.
Rosneft OJSC, Russia’s largest oil producer, reported a third-quarter profit after break-even results a year earlier because of a foreign currency gain even as oil prices fell.
The European Central Bank will step up its asset purchases in December to compensate for an almost-two-week pause over the holiday period.
Sberbank PJSC said third-quarter profit fell about 8 percent as it set aside more money to cover bad loans.
Turkey relies on Russia for about half its natural gas supplies, paying state-controlled Gazprom PJSC as much as $10 billion last year. That makes their energy ties an unattractive target for retaliation.
Nigeria’s central bank Governor Godwin Emefiele is at risk of losing credibility over a decision to ease monetary policy, while maintaining currency restrictions that are hurting the economy.
Asian stocks fell, dragged lower by Japanese shares as the yen gained after Turkey downed a Russian warplane, fueling demand for haven assets and curbing the profit outlook for exporters trading in Tokyo.
United Nations climate talks set to begin in Paris next week promise to produce a landmark deal that has eluded diplomats for more than two decades.
John Longworth, British Chambers of Commerce's director general, and Mike Cherry, Federation of Small Businesses' national policy chairman, look ahead to U.K. Chancellor of the Exchequer George Osborne's end-of-year fiscal statement to Parliament in London. They speak with Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
Mujtaba Rahman, Eurasia Group's head of Europe practice, discusses the downing of a Russian warplane by Turkey and its implications for the conflict in Syria. He speaks with Bloomberg's Guy Johnson on "Countdown." John Wraith, UBS head of U.K. rates strategy, also comments. (Source: Bloomberg)
Cyrus Ardalan, OakNorth Bank chairman, weighs in on the U.K.'s bank corporation tax surcharge debate. He speaks with Bloomberg's Anna Edwards on "Countdown." (Source: Bloomberg)
John Wraith, UBS head of U.K. rates strategy, discusses the factors impacting the U.K. economy with Bloomberg's Guy Johnson on "Countdown." (Source: Bloomberg)
Independent watch brand MB&F's latest creation is the LM Perpetual, a complicated perpetual calendar that showcases the unique mechanism powering the watch. Bloomberg Pursuit's Stephen Pulvirent has been finding out more.