China's Billionaire Huang Invests in Iceland

Huang Nubo, the Chinese billionaire whose bid to buy Icelandic land was blocked by the local government last year, said he’s secured a deal to lease the property instead, helping him revive his resort project.

Inflation Paves Way for More Canada Rate Hikes
12:35 - Canadian government bond yields spiked and the loonie strengthened for a fourth day, as today's economic data paves the way for another Bank of Canada interest rate hike this year. RBC's Deputy Chief Economist Dawn Desjardins joins Bloomberg TV Canada's Lily Jamali to discuss her outlook. (Source: Bloomberg)
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