Europe's Refugee Crisis
Puerto Rico’s Government Development Bank said the island will make all principal and interest bond payments due Tuesday, averting a default on directly guaranteed debt and allowing the commonwealth to continue talks with creditors to reduce its debt burden.
The credit market is pricing in an overly dour assessment of the U.S. economy, according to Goldman Sachs Group Inc., a mistake that could prove profitable for buyers.
Pfizer Inc.’s plan to merge with Ireland-based Allergan Plc shows the "critical and urgent need" to overhaul U.S. taxes, the Republican chairman of the House subcommittee that oversees tax policy said Tuesday.
The Canadian dollar weakened against most of its major peers as the economy unexpectedly contracted in September, suggesting the country’s rebound from a first-half recession may be short-lived with crude oil once again trading near $40 per barrel.
Argentine President Cristina Fernandez de Kirchner has ramped up government spending even as she prepares to hand over power in 10 days, helping to widen a budget deficit for 2015 already expected to reach the highest in 33 years.
Rupert Murdoch agreed that a rugby match is more fun than a gala. But the media tycoon did what he could to make the Hudson Institute Global Leadership Award Dinner interesting: Jerry Hall, in flats, was his date (as she was at the Rugby World Cup final, where Murdoch’s homeland of Australia lost to the Kiwis). And he chose a team to root for -- America.
Sambo Dasuki, a former Nigerian national security adviser under ex-President Goodluck Jonathan, was arrested by state security agents, his lawyer, Ahmed Raji, said by phone on Tuesday.
Nigeria’s Senate approved a supplementary spending plan on Tuesday for overdue fuel subsidy payments and more funds for troops fighting an Islamist insurgency in the northeast.
Volkswagen AG will recall about 323,700 cars in India after a government-ordered probe into its diesel models showed emissions exceeding permissible limits.
Another 73 companies joined a White House pledge to reduce emissions and water usage, buy renewable energy or take other climate-friendly steps as part of President Barack Obama’s effort to enlist corporate backing for his efforts to combat climate change.
Bloomberg's Matt Miler reports on U.S. auto sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
State Street Global Advisors Lori Heinel discusses ECB and Fed policy. She speaks on "Bloomberg Markets." (Source: Bloomberg)
Bob Martin, chief executive officer at Thor Industries, discusses record first quarter results and renewed interest in the company's Airstream product line. He speaks with Matt Miller on "Bloomberg Markets." (Source: Bloomberg)
Dan Schulman, chief executive officer at PayPal, discusses the importance of financial inclusion to the U.S. economy, how his company is helping to provide access to basic, affordable financial services, and the global shift to digital, mobile banking. He speaks with Brendan Greeley on "Bloomberg Markets" (Source: Bloomberg)
Casino revenue in Macau registered an 18th-straight month of declines, falling 32.2 percent to $2.1 billion. Bloomberg Intelligence's Brian Egger reports on the industry's focus on new resorts catering to mass-market gamblers opening in 2016. He speaks on "Bloomberg Markets." (Source: Bloomberg)