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Some Airlines Don't Think Venezuela Is Worth The Trip

some airlines don't think venezuela is worth the trip
Watch VideoTraveling by air to Venezuela just got trickier for some. Two major airlines announced they're suspending service to the country. On Monday, the largest Latin American carrier — LATAM..

More airports may ditch TSA screeners

Atlanta’s airport might have company if officials decide to use private screeners. Long TSA security screening lines have prompted a few airlines to join Hartsfield-Jackson Atlanta International..

Videos for Bloomberg

News video: Some Airlines Don't Think Venezuela Is Worth the Trip

Some Airlines Don't Think Venezuela Is Worth the Trip 01:12

A drop-off in ticket demand is at least partially to blame.
Source: Newsy Trending -

News video: North Korean Missile Launch Fails

North Korean Missile Launch Fails 02:27

May 31 -- North Korea attempted to launch what may have been a Musudan ballistic missile, its first effort since a ruling party congress earlier this month that tightened leader Kim Jong Un’s grip on..
Source: Bloomberg Global Business -

News video: FGE Chairman: Oil Prices to Reach $55-$60 by End of Year

FGE Chairman: Oil Prices to Reach $55-$60 by End of Year 03:38

May 31 -- Fereidun Fesharaki, FGE founder and chairman, discusses the outlook for oil prices with Bloomberg's Rishaad Salamat on "Trending Business."
Source: Bloomberg Global Business -

News video: 1MDB Pays Coupon for Islamic Debt

1MDB Pays Coupon for Islamic Debt 01:40

May 31 -- Malaysia’s troubled state investment company 1Malaysia Development Bhd. paid the coupon on its Islamic debt after missing two payments on other securities earlier. Bloomberg's Shamim Adam..
Source: Bloomberg Global Business -

News video: Nest CEO: Hong Kong Startup Ecosystem Developing Fast

Nest CEO: Hong Kong Startup Ecosystem Developing Fast 05:06

May 31 -- Lawrence Morgan, Nest's chief executive officer, discusses Hong Kong's startup ecosystem with Bloomberg's Yvonne Man at the Rise technology conference in Hong Kong.
Source: Bloomberg Global Business -


Emperor Securities Shows How To Successfully Fleece Retail Investors

emperor securities shows how to successfully fleece retail investors
When Valeant slashed its guidance back in March, we took a look at what the analysts were thinking just prior to that announcement and what we found was troubling, yet predictable. And now, the..
Zero Hedge

Switzerland's Gotthard Base Tunnel: Swiss Engineered, Foreign Made

switzerland's gotthard base tunnel: swiss engineered, foreign made
Earlier we introduced the Gotthard Base Tunnel, the *longest and deepest tunnel in the world.* The 35 mile long tunnel which cuts underneath the Alps helps remove natural barriers to trade and tourism,..
Zero Hedge

Hedge Funds Crowd Themselves Into the Worst ETFs Around: Bloomberg Gadfly

A lot has been written and said about the problem of hedge funds crowding into the same stocks, often with, uh, interesting results.

BIGBEN INTERACTIVE : Annual Results 2015/2016

 Bigben Interactive Press release 30 May 2016, 18:00 ** Annual Results 2015/2016 ** ** result from current operations rising to 7.3 €m, i.e. over 3.6% of sales ** ** Outlook for FY..

Oil Heading for $60

The UAE’s economy minister sees oil jumping to $60 per barrel in the next few months. "It’s possible for oil prices to reach $60 or more during this summer,” UAE economy minister Sultan Bin Saeed..

Beyond The Minsky Moment: China's Ponzi Schemes Are Now Investing In Other Ponzi Schemes

beyond the minsky moment: china's ponzi schemes are now investing in other ponzi schemes
The problem with China's Wealth Management Products, or WMPs, is not new: we have covered this pillar of China's shadow banking system on various occasions over the past three years, usually just..
Zero Hedge

Ex-CEO Of Largest Swiss Insurer Commits Suicide, Three Years After CFO Hanged Himself

ex-ceo of largest swiss insurer commits suicide, three years after cfo hanged himself
In the latest tragic news from the world of finance, earlier today Zurich Insurance, the largest Swiss insurer which employs 55,000 people and provides general insurance and life insurance products in..
Zero Hedge

Donald Trump Might Want To Cut Social Security But Won't Admit It

donald trump might want to cut social security but won't admit it
Watch VideoIf Donald Trump is elected president, Social Security might be no more.  That's according to a report from Bloomberg, which says the presidential hopeful recently told House Speaker..

Trickle-Down Crash? Trophy Assets Suddenly Tanking

trickle-down crash? trophy assets suddenly tanking
Submitted by John Rubino via DollarCollapse.com, One of the defining traits of the past few years’ “recovery” has been the torrent of money flowing from big banks to favored clients, and from..
Zero Hedge

Next US President should be the person who outlines Narendra Modi's plans: Cisco Chairman

Citing 'Make in India' and 'Start Up India' campaigns for boosting manufacturing and employment, tech giant Cisco's Chairman John Chambers has said the next US President should take a cue from Prime..

Draghi’s First Good News in a Year Comes With $267 Billion Cost

draghi’s first good news in a year comes with $267 billion cost
Mario Draghi may have bought himself a brief respite from the threat of disinflation. The cost? More than a quarter of a trillion dollars. On Thursday, the European Central Bank president should be..

Cheap Technology Will Challenge US Tactical Dominance – Analysis

By T.X. Hammes* The convergence of dramatic improvements in the fields of robotics, artificial intelligence, materials, additive manufacturing, and nanoenergetics is dramatically changing the..
Eurasia Review

Banks to face tough times soon -Bloomberg

Banks are in for very tough times in the coming months, at least judging from the latest report by Bloomberg Intelligence which attributes the situation to government’s fiscal and monetary tightening..

AirAsia has had $1 billion takeover offer for leasing unit, report says

SINGAPORE (Reuters) - Asia's largest budget airline AirAsia Bhd has received a $1 billion offer for its aircraft leasing unit, Bloomberg News quoted Chief Executive Tony Fernandes as saying.
Reuters India Also reported by •ReutersSify

'Like Modi, next US Prez should outline economic growth plan'

*Citing Make in India and Start Up India campaigns for boosting manufacturing and employment, tech giant Ciscos Chairman John Chambers has said the next US President should take a cue from Prime..
Deccan Herald

The antidote to China's debt addiction could make things worse

the antidote to china's debt addiction could make things worse
China is hooked on debt, and the policymakers' idea of treating the addiction could make things worse. Chinese officials said two months ago they will make it easier for commercial banks to swap..
Business Insider

Venezuela's Gold Reserves Plunge To Lowest Ever As Maduro Repays Debt With Gold

venezuela's gold reserves plunge to lowest ever as maduro repays debt with gold
Several months ago, as Venezuela's hyperinflating, imploding economy was spinning in freefall, leading to the dramatic episodes of total social collapse such as those profiled in "Scenes From The..
Zero Hedge

Boston Dynamics employees were frustrated with Google's plan for a household robot (GOOGL)

boston dynamics employees were frustrated with google's plan for a household robot (googl)
When Boston Dynamics posted a video of its humanoid robot, Atlas, walking in the snow and recovering from getting kicked, Google was not happy. As one former employee told Tech Insider, it "soured..
Business Insider

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