Good Luck to Cameron With His EU Blackmail: Marc Champion
©2015 Bloomberg View NXMFO06KLVR4 (Bloomberg View) — What will Britain’s Prime Minister David Cameron do if he fails to get all or some of the reforms he is demanding from the European Union? On Tuesday he threatened to lead the U.K. out of the union, but let’s hope he’s bluffing.
Dollar Stuck Near Decade High as Stocks Rally Falters
©2015 Bloomberg News NXMKT66JIJV9 (Bloomberg) — The dollar is stuck near a decade high against major counterparts as traders look to stocks as a gauge of risk sentiment to withstand higher U.S. interest rates. The greenback reached a six-month high against the euro Tuesday as markets price in the possibility
Apple Must Show IPhone Is Cutting Edge to Win Over India
©2015 Bloomberg News NXMKZT6JIJUV (Bloomberg) — Tim Cook will need to convince Indian Prime Minister Narendra Modi that the iPhone is cutting edge if the Apple Inc. chief executive officer is to gain easier access to what will be the world’s second-largest smartphone market. The government on Tuesday said it
Ben Carson’s Character Is His 2016 Campaign: Francis Wilkinson
©2015 Bloomberg View NXKJ2B6JTSED (Bloomberg View) — In the race for the Republican nomination for president, Ben Carson and Donald Trump are basically co-leaders in the polls. For now, they dominate the Republican field. Carson is running an “outsider” campaign, has no significant experience in politics or government and reveals
Hedge Funds Raised Treasury Shorts by Most Since ’13 Before Jobs
©2015 Bloomberg News NXKIUS6K50Y8 (Bloomberg) — Hedge funds picked just the right time to boost bearish bets on Treasuries by the most since March 2013. Large speculators including hedge funds increased net short positions in 10-year notes by 128,601 contracts to 164,264 in the week ended Nov. 3, data from the Commodity Futures Trading
Emerging Markets Slump as Fed Seen Constricting Capital Flows
©2015 Bloomberg News NXKI0I6JIJV8 (Bloomberg) — Emerging-market currencies weakened for a fourth day and stocks slid to the lowest levels in a month as investors became increasingly convinced that the Federal Reserve to start raising U.S. interest rates as soon as next month, fanning concern that capital outflows from developing countries
Tech Execs Hide IDs to Avoid Getting Mobbed at Summit
©2015 Bloomberg News NXEO626K50Y4 (Bloomberg) — European startups are so hungry for cash that executives and would-be investors at this week’s Dublin Web Summit are concealing their ID badges and even taking refuge with reporters to avoid being accosted by desperate entrepreneurs. “It’s really crazy. You get people walking alongside you
Security Crackdown Looms as Bomb Blamed for Sinai Jet Crash
©2015 Bloomberg News NXHZOA6S972B (Bloomberg) — As tourists abandon the Egyptian resort of Sharm el-Sheikh, government and aviation officials warned that global airport security will need to be reviewed if suspicions are confirmed that a bomb brought down a Russian jetliner over Sinai. While officials don’t have enough evidence yet to
With Long Handshake, China and Taiwan Affirm Better Ties
©2015 Bloomberg News NXHJFO6K50XS (Bloomberg) — It was the 80 seconds China and Taiwan had waited almost 70 years for. Chinese President Xi Jinping and his Taiwanese counterpart, Ma Ying-jeou, smiled in dark suits –Xi wearing a Communist red tie, Ma, a Nationalist blue one — as they shook hands
Facebook Nabs Microsoft Researchers for New Virtual-Reality Team
©2015 Bloomberg News NXD6LN6K50YP (Bloomberg) — Facebook Inc. has started a new research team to work on areas like virtual-reality and augmented-reality content creation, and raided Microsoft’s research labs for its first three hires. The social network’s new Seattle-based Computational Photography applied research group website lists Michael Cohen, Rick Szeliski and