Is Another Global Financial Crisis on the Horizon?
Capital Dynamics Chief Executive Officer Tan Teng Boo discusses the China stock rout and why he's predicting another global financial crisis. He speaks to Bloomberg's Angie Lau and Rishaad Salamat on "Asia Edge." (Source: Bloomberg)
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Nestle Stake Finds Dan Loeb Pushing for L'Oreal Sale
49:15 - Daniel Loeb has amassed the largest bet of his career, a $3.5 billion stake in Nestle SA by Third Point LLC, urging the company to sell its stake in L'Oreal SA. Bloomberg Gadfly columnist Andrea Felsted and Bloomberg's Ed Hammond report on "Bloomberg Markets." (Felsted's opinions are her own.) (Source: Bloomberg)