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Business Headlines

Curated news from Bloomberg Business

Business Headlines

©2016 Bloomberg News O0QR4H6JTSE8 (Bloomberg) — Saudi Arabian stocks led a decline across most Middle Eastern markets amid reduced trading, as investors weighed the impact of plummeting oil prices. The Tadawul All Share Index, the region’s biggest gauge, dropped 2.2 percent, extending its retreat this month to 12 percent. About

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Business Headlines

©2016 Bloomberg View O0M2W26S9765 (Bloomberg View) — Microsoft’s Satya Nadella must be wondering what more he has to do to impress China’s leadership. He and his predecessors have done quite a bit already. Back in September, for example, Nadella not only hosted Chinese President Xi Jinping and his chief Internet

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Business Headlines

©2016 Bloomberg News O0M3BI6JTSEA (Bloomberg) — Asian stocksled a rally in riskier assets, climbing with U.S. index futures, oil and high-yielding currencies as China refrained from further cuts to the yuan’s reference rate and scrapped a system of market circuit breakers, providing some reassurance to investors. Shares in Hong Kong

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Business HeadlinesYour Money

©2016 Bloomberg View O0L5F36KLVRB (Bloomberg View) — So how’s China? Here’s One of the All-Time Great Stock-Price Charts: That’s the chart of Beijing Baofeng Technology Co., which went public in China last March and went up by the daily 10 percent limit for 28 straight trading days through May 5, a gain of just

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Business Headlines

©2016 Bloomberg News O0H5446KLVRF (Bloomberg) — Less than four weeks before Iowans kick off the 2016 presidential contest with their Feb. 1 caucuses, the early road to the White House appears to be shaping up as a slippery and uncharted one for the Republican Party. Since the 1970s, no Republican candidate has won

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Business Headlines

©2016 Bloomberg News O0K3CW6JTSEB (Bloomberg) — When Hillary Clinton’s presidential campaign swept into Sioux City, Iowa, on Tuesday, her entourage headed to the city’s famous Orpheum, a 2,690-seat theater that for decades has played host to A-list celebrities running the gamut from Fred Astaire to Jerry Seinfeld. But the Democratic front-runner

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Business Headlines

©2016 Bloomberg News O0K45CSYF01S (Bloomberg) — Former billionaire entrepreneur Samuel Wyly’s “difference of opinion” with the Internal Revenue Service could turn an offshore fortune into an onshore fraud if the agency gets its way. Wyly, 81, and the estate of his late brother Charlesjoined forces for a trial Wednesday against

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Business Headlines

©2016 Bloomberg News Isis Almeida (Bloomberg) — Last year’s best-performing commodity is poised to become the market’s worst nightmare. After the longest rally in London cocoa futures since at least 1989, farmers from Ivory Coast to Peru are preparing to revive supplies in the 2016-17 season that starts in October,

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Business Headlines

©2016 Bloomberg News O0I4JM6VDKHU (Bloomberg) — Twitter Inc. may be preparing to raise its character limit for tweets to the thousands from the current 140, a person with knowledge of the matter said. The maximum number of characters in a post could be raised to as much as 10,000, said the person,

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Business Headlines

©2016 Bloomberg News O0I2UA6KLVRC (Bloomberg) — The euro slumped to its lowest in a month as an inflation report highlighted the persistent gap between economic growth in the currency bloc and in the U.S. The common currency fell a fourth day, extending its longest losing streak since November, as a

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