Carney’s EU Speech in 90 Seconds
Mark Carney skirted the tense political battle over Britain’s membership of the European Union with a speech that addressed the U.K.’s relationship with the bloc, but offered no final conclusion on its merits. While the Bank of England governor was at pains to stress he didn’t want to enter the debate, his speech in Oxford on Wednesday was hailed by Chancellor of the Exchequer George Osborne as being in line with the government’s approach.
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Alibaba Sales, Profit Top Estimates
55:10 - Alibaba closes at a record high in New York after reporting sales and earnings that topped analysts' estimates. Revenue jumped 56%, with profit nearly doubling in the June quarter. Bloomberg's Selina Wang reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)