The Magic Formula That Makes Zara Millions
Zara's pioneering business model is all the fashion. Retail rivals are struggling to keep up. Bloomberg's Tim Chilcott reports on the fast fashion phenomenon.
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OPEC Helps Cheap U.S. Oil Find Its Way Into Asia
13:18 - Add Southern Green Canyon and Mars Blend to the growing list of American crude that’s challenging OPEC’s dominance in the world’s biggest oil market. Cargoes of the two varieties produced in the Gulf of Mexico, which are heavier and more sulfurous than supply from U.S. shale fields, are poised to flow into Asia as they turn cheaper relative to similar-quality crudes from nations such as Saudi Arabia and Oman. Bloomberg's Dan Murtaugh has more on "Bloomberg Markets: Middle East." (Source: Bloomberg)