Latest

London's Last Super-Basement

The West London boroughs of Kensington and Chelsea have outlawed so called mega basements, banning the residential digs in some of the most expensive parts of the city. The controversial technique saw some property owners excavate three stories underground, adding millions to the value of their homes and driving some neighbours to protest. Bloomberg met up with two developers who claim to be building the last Kensington super-basement. (Source: Bloomberg)

Economists Predict Indonesian 1Q GDP at 4.93%

Growth in Indonesia seems to be slowing. Economists predict the nation’s GDP will fall below 5% for the second time in a year. Bloomberg’s Alia Karenina reports on “Trending Business.” (Source: Bloomberg)

Oil Market Is Due for a Correction: Smith

Global Commodities Managing Director Greg Smith discusses global commodities, oil and why he says oil prices have seen their bottom. He speaks to Bloomberg’s Shery Ahn on “Trending Business.” (Source: Bloomberg)

Mongolia’s FDI Recovery Needs Time: Sandagdorj

Mongolia Central Bank Chief Economist Bold Sandagdorj discusses Mongolia’s economy and their balance of payment pressures with Bloomberg’s Shery Ahn on “Trending Business.” (Source: Bloomberg)

India, Taiwan Markets Favored, Laxminarayan Says

Bhaskar Laxminarayan, the chief investment officer at the Asian banking unit of Pictet & Cie, talks about the economies of Indonesia and China, and why he's positive on markets in India and Taiwan. He speaks from Singapore with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)

Why the RBA Will Leave Rates Unchanged: Lakos

Macquarie's Martin Lakos explains why he thinks the Reserve Bank of Australia will leave rates unchanged. He speaks with Bloomberg's Shery Ahn on "Trending Business." (Source: Bloomberg)

Luxury

Inside the Grey Market for the Apple Watch in Hong Kong

There’s brisk business literally ON the streets of Hong Kong for the new Apple Watch. The scarcity, and huge demand in China, is driving a thriving secondary market for Apple’s latest must-have gadget. Bloomberg’s Stephen Engle went out on the watch for grey market watches. (Source: Bloomberg)

Meet Tapit, America's New Big Stud

May 1 -- If the thoroughbred breeding industry is back in the U.S. following the collapse triggered by the global financial crisis, then a striking ghost-white specimen named Tapit is the symbol — and more importantly, the DNA — of that rebound. Bloomberg's Mason Levinson has more on "Bottom Line."

Bloomberg Surveillance

Icahn: Fink Protects Underperforming Executives

BlackRock’s Larry Fink is protecting underperforming executives with his campaign against activist investors, according to billionaire Carl Icahn. Columbia University’s Fabio Savoldelli weighs in on the allegations on “Market Makers.” (Source: Bloomberg)

What’s The Special Sauce for McDonald’s?

Bloomberg’s Tom Keene and Olivia Sterns look at the Twitter question of the day. BNP Paribas Managing Director Tim Bitsberger also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Bloomberg West

Remembering SurveyMonkey CEO David Goldberg

SurveyMonkey.com Chief Executive Officer David Goldberg died May 1 after collapsing and hitting his head while exercising, according to people briefed on the matter. Bloomberg's Emily Chang takes a moment to remember him on "Bloomberg West." (Source: Bloomberg)

Bill Ackman Would Think ‘Very Hard’ Before Next Short Bet

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, talks about the value of shareholder activism, the restaurant franchise and pharamaceutical industries, investment strategy and his position on short selling after his campaign with Herbalife Ltd. Ackman also discusses the outlook for Fannie Mae and Freddie Mac. He speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Equities Can Be `Great Way to Short Credit,' Meister Says

Keith Meister, founder of Corvex Management, talks about the performance of Yum! Brands Inc., investor activism in real estate investment trusts (REITs) and the outlook for equities as an asset class. Meister speaks with Stephanie Ruhle on the sidelines of Sohn Foundation Conference in New York on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Pershing Square’s Bill Ackman Triggers CSX Slide

CSX quickly dropped to a session low after Pershing Square’s Bill Ackman told CNBC he won’t talk about CSX at the 20th Annual Sohn Investment Conference in New York. She speaks on “Bloomberg West.” (Source: Bloomberg)

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