Bloomberg L.P.

Malaysia Air Finds a New Use For Its Surplus Superjumbos

Malaysia Airlines Bhd.’s Airbus SE A380s are flying full on trial services taking Muslim pilgrims to Saudi Arabia, prompting the carrier to say it …

Airlines

Cryptocurrency markets aren't all the same

<b>There’s a compelling</b> reason to consider what’s going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: over a three-month …

Bitcoin

Forex traders eye mobile trading apps

For the modern foreign-exchange trader, it’s now possible to find a date, hail a cab and trade $100 million — all through their mobile phone.<p>The …

JPMorgan Chase & Co

Carillion collapse spurs May to pledge new corporate rules

London — UK Prime Minister Theresa May set out a plan to defend capitalism from capitalists, after the collapse last week of construction company …

Business (South Africa)

FMCG Players Want Budget 2018 To Focus On Rural Wages, Job Creation

Rural wages have been trending down, and growth has stymied due to insufficient job creation and tepid growth in disposable income<p>Concerning job …

Employment

Ryanair Reaches Labor Deals With British Pilots

Ryanair Holdings Plc shares surged after the Irish discount carrier took another step toward de-escalating labor tension, saying pilots at all 15 of …

Airlines

Oil’s Rout Is Over, Hail the Return of $100 Crude! Maybe: Gadfly

After three years of gloom, the number 100 is finally starting to resurface in the forecasts of market analysts.<p>A slump in new production outside the U.S. shale patch in 2019 could help to send Brent crude briefly back above $100 a barrel next year, according to London-based consultancy Energy …

SoFi Offers CEO Spot to Twitter Executive

Anthony Noto, a top Twitter Inc. executive, is in discussions to become the next chief executive of Social Finance Inc., according to people familiar with the matter, as the online lender grapples with accusations of improper workplace culture.<p>SoFi has been looking for a permanent chief executive …

Anthony Noto

Uber Caps the Hours Its British Drivers Can Work in a Bid for Safety

Uber Technologies Inc. will begin limiting the time U.K. drivers can spend on the road to 10 hours a day, responding to regulatory health concerns …

Uber

Ex-NJ Governor Christie Forced to Use Regular TSA Line at Newark's Awful Terminal B

Meet Chris Christie, former New Jersey governor and current nobody at Newark Liberty International Airport.<p>The two-term Republican, who left office …

Airports

5 Fidelity Sector ETFs Added $584M in One Day this Week: Bloomberg | Investopedia

Fidelity Investments' sector exchange-traded funds (ETFs) had a busy day earlier this week, with five of the funds seeing inflows of $584 million in …

Personal Finance

HNA Group CEO Cancels Davos Trip

The chief executive officer of HNA Group Co., the Chinese conglomerate that’s under scrutiny because of its debt-fueled acquisition spree and …

China

Amazon’s next big growth business: advertising

For more than two decades, Jeff Bezos has famously sacrificed profit for growth, persuading Wall Street that Amazon.com was best served pouring money …

Advertising

Trudeau's Strict Branding Rules Will Take Fun Out of Legal Weed

Google, Tencent agree to share patents

<b>Google and Tencent</b> have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest …

Tencent

Forex Reserves At New Record High Of $413.825 Billion

The country’s foreign exchange reserves rose by $2.7 billion to scale a new life-time high of $ 413.825 billion in the week to Jan. 12, due to …

Business (India)

Bloomberg Plans to Discontinue Financial Commentary Brand Gadfly

The move is part of the company’s effort to consolidate its news service’s opinion offerings<p>HONG KONG—Bloomberg LP is planning to retire a financial commentary brand called Bloomberg Gadfly to consolidate its news service’s opinion offerings, people familiar with the matter said Thursday.<p>Gadfly was …

Business

What's Bitcoin Worth? A New Plan to Bring Discipline to Crypto Prices

The owner of the New York Stock Exchange is launching a service to bring bitcoin data to hedge funds and other professional trading firms, the latest sign that the once-fringe market for cryptocurrencies is being taken seriously by Wall Street.<p>Intercontinental Exchange Inc., or ICE, said Thursday …

Cryptocurrency

European Union Might Want to Limit UK Airline Access After Brexit

The European Union may attempt to strip British airlines of some flying rights after Brexit, with officials in Brussels warning that U.K.-based …

Brexit

Don't Expect the Crypto-Futures Revolution to Stop at Bitcoin

(Bloomberg) -- Cboe Global Markets Inc. is exploring futures on other cryptocurrencies after becoming the first U.S. exchange to offer Bitcoin …

Cryptocurrency

Heathrow Has a Possible Solution to Its Runway Problem

London’s Heathrow airport put forward proposals for a sloping runway and said the landing strip could be shortened as it seeks to cut 2.5 billion …

British Airways

Cell C pursuing acquisitions, CEO says

Jose Dos Santos<p><b>Cell C is seeking</b> acquisitions that will help transform South Africa’s third biggest mobile phone company into a full-service …

NYT replaces editorial page with letters from Trump supporters; critics say space given over to supporters is disproportionate given president's approval rating (Eli Rosenberg/Washington Post)

Eli Rosenberg / Washington Post: <b><br>NYT replaces editorial page with letters from Trump supporters; critics say space given over to supporters is</b> …

Martin Luther King Jr. Day

SA moves to tackle corruption as Zuma loses influence

Image: Steve Buissinne<p><b>South African prosecutors</b> have moved to freeze the assets of suspected allies of the politically connected Gupta family more …

Corruption

Ivanhoe Cambridge, Blackstone team up to buy REIT, sources say

Ivanhoe Cambridge is teaming with Blackstone Group LP on the planned acquisition of Pure Industrial Real Estate Investment Trust, a Canadian …

Real Estate

Emirates Offers the A380 a Lifeline With New Order

Gulf carrier Emirates agreed to buy 20 Airbus SE A380 superjumbos worth $9 billion at list prices, sealing a vital order for a program that the …

Airlines

Apple faces mammoth $38bn tax bill

<b>Apple has said</b> it will bring hundreds of billions of overseas dollars back to the US, pay about US$38bn in taxes on the money and spend tens of …

Piper Jaffray

GST Council Revises Rates For 29 Goods, 53 Services Categories

Arun Jaitley

Bitcoin's Plunge Turns the Winklevoss Twins Into Ex-Billionaires

HOW BITCOIN WORKS<p>HOW BITCOINS WORK<p>WHY BITCOINS ARE POPULAR<p>IS IT REALLY ANONYMOUS?<p>WHO'S USING BITCOIN?<p>SHOULD I OWN BITCOIN?<p>HOW BITCOINS ARE KEPT SECURE<p>HOW BITCOIN CAME TO BE<p>(Bloomberg) -- What Bitcoin giveth, Bitcoin taketh away.<p>Cameron and Tyler Winklevoss, the twin brothers who became billionaires …

Cryptocurrency

Targeting Biotech’s 1%, China Speeds Into Gene Therapy: Gadfly

China wants to go big on biotech and already is marching into experimental gene therapy.<p>Last year marked a milestone in cancer treatment: In August, the U.S. FDA approved Novartis AG’s Kymriah, a CAR-T therapy for children with acute lymphoblastic leukemia, a blood and bone-marrow cancer previously …

China