Vodafone Misses Estimates, Takes $9.4B Writedown

Vodafone Group Plc reported service revenue that missed estimates and a 5.9 billion pound ($9.4 billion) writedown in Spain and Italy that sank the world’s second largest mobile-phone company into a six-month loss.

Tough Choice Ahead for Rio Tinto on Coal Sale
39:16 - Glencore's last-minute bid for Australian coal mines leaves Rio Tinto with a dilemma. Bloomberg's Paul Allen reports on "Bloomberg Daybreak: Asia." Peter Grauer, the chairman of Bloomberg LP, is a senior independent non-executive director at Glencore. (Source: Bloomberg)
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