Why Telecom Italia and Telefonica Are Battling for GVT

Aug. 25 (Bloomberg) –- Bloomberg’s Rodrigo Orihuela reports on the battle for Vivendi’s GVT as Telecom Italia preps a new offer to try and outbid Telefonica for the Brazilian broadband unit. He speaks to Manus Cranny on “Countdown.” (Source: Bloomberg)

PBOC Says Bad Loans Have Stabilized
36:46 - China Merchants Bank is launching a new private banking center in Singapore, part of a plan to capitalize on the growing flow of Chinese wealth into international markets. Bloomberg Intelligence's Francis Chan also reports on China's non-performing loans on "Bloomberg Markets." (Source: Bloomberg)
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