Europe's Refugee Crisis
Suncor’s bid for Canadian Oil Sands comes down to one number: the price of a barrel of oil.
Oil held gains near $43 a barrel as the pace of U.S. drilling slowed in the world’s biggest consumer amid a global surplus.
The euro held near seven-month lows against the dollar and yen as investors speculated the European Central Bank will expand stimulus at a meeting next week.
Asian stocks rose as a weaker yen boosted Japanese exporters and health-care shares led the advance. BHP Billiton Ltd. slumped in Sydney.
Adele sold at least 2.8 million copies of her new album “25” in the first five days of U.S. release, setting a record for the first week and making it the best-selling album of the year, according to Nielsen Music.
Asian stocks rebounded ahead of the Thanksgiving holiday in the U.S., with crude oil maintaining gains and the dollar near its strongest level in seven months to the euro.
U.S.-traded Russian stocks dropped for a third day as tension mounted over Turkey’s downing of one of the country’s warplanes near the Syrian border, stoking concern that the hostilities in the region could spiral into a broader conflict.
Turkey just reinforced its role as a wild card in the Syrian civil war, and one that both sides of the conflict ultimately have to deal with.
Home prices in Beijing and Shanghai, which have surged this year, have room to rise further as the inflow of residents bolsters demand in China’s biggest cities, said the head of real estate investments at Singapore’s sovereign wealth fund.
After trust issues doomed Suzuki Motor Corp.’s alliance with Volkswagen AG, the Japanese carmaker now has to win over shareholders skeptical of plans for its crucial partnership with India’s largest carmaker.
Bloomberg takes a look at the last 25 years of stock market milestones for China. (Source: Bloomberg)
South Korea has some of the most highly educated people in the world. More than half have a degree, and yet, the future is looking grim. Jobs are increasingly scarce, and youth unemployment is setting unwanted records. Bloomberg's Shery Ahn reports from Seoul. (Source: Bloomberg)
Jacob Meisel, Bespoke Weather Services founder, and Mikhail Foux, Barclays Capital's municipal strategy head, discuss the effects of El Niño with Bloomberg's Alix Steel on "What'd You Miss?" (Source: Bloomberg)
Lord Robert Skidelsky, a member of the U.K. House of Lords, discusses the rise in income inequality, possible secular stagnation in the West and the Syrian refugee crisis. He speaks with Bloomberg's Joe Weisenthal and Alix Steel on "What'd You Miss?" (Source: Bloomberg)
Lord Robert Skidelsky, a member of the U.K. House of Lords, discusses the tensions between Russia and Turkey and the implications for the conflict in Syria. He speaks with Bloomberg's Joe Weisenthal and Alix Steel on "What'd You Miss?" (Source: Bloomberg)