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BLOOMBERG: Greece should vote 'Yes' on the bailout referendum (GREK)   CGMA® and Bloomberg Radio Present Panel on the Growing Skills Gap in the Finance Profession  
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Austerity: Killing Greece (And The Idea Of Europe) – OpEd

“When you are driving down the autobahn, and everyone else is driving in the opposite direction, you may think what you are doing is right, but you are still wrong.”[1] That, coming from..
Eurasia Review 9 hours ago

News article

Greece's Referendum Question Is Confusing Everyone

Greeks will vote in a referendum Sunday on whether the government should accept a proposed bailout deal which would provide critical funding if the country implements more economic and labor..
Huffington Post 9 hours ago

Videos for Bloomberg

News video: Uber suspends UberPOP taxi-ordering app in France after violent protests

Uber suspends UberPOP taxi-ordering app in France after violent protests 00:57

It has revolutionised the way many people book a taxi. But now Uber has announced the suspension of its budget UberPOP cab-ordering app in France. The US firm has thrown in the towel, saying this is..
Source: Euronews - 2 days ago

News video: Tokyo's Haneda Airport to Begin Using Robots

Tokyo's Haneda Airport to Begin Using Robots 00:40

For story suggestions please contact tips@nma.com.tw In September, the Tokyo city airport will lease 11 robots to help clean the facilities and carry passengers’ baggage, according to multiple..
Source: Next Media - 2 days ago

News video: Aetna Nears Deal to Buy Humana at $230 a Share: Sources

Aetna Nears Deal to Buy Humana at $230 a Share: Sources 00:38

Two people familiar with the matter told Reuters on Thursday that U.S health insurer Aetna Inc is nearing an agreement to buy rival Humana Inc in a cash and stock deal. One source said Aetna's offer..
Source: Wochit Business - 2 days ago

News video: The Reality of President Obama's Overtime Rule

The Reality of President Obama's Overtime Rule 04:29

Heather Boushey, chief economist at the Washington Center for Equitable Growth, recaps President Barack Obama's speech on overtime expansion.
Source: Bloomberg Politics - 2 days ago

News video: Natera: Managing Disease Via Genetic Sequencing

Natera: Managing Disease Via Genetic Sequencing 06:09

July 2 -- Matthew Rabinowitz, chief executive officer at Natera, explains the process of detecting diseases via genetic testing and the investment of money from his company’s initial public offering...
Source: Bloomberg - 3 days ago

News article

5 Things To Ponder: Independence Day Reading

5 things to ponder: independence day readingSubmitted by Lance Roberts via STA Wealth Management, This weekend's reading list is a smattering of articles to enjoy between your favorite beverage, grilled meat and really fattening desert. Just..
Zero Hedge 11 hours ago

News article

The Chinese government just took drastic steps to save the stock market (FXI, CNY)

the chinese government just took drastic steps to save the stock market (fxi, cny)China is stepping in to save its flailing stock market. According to a Bloomberg report on Saturday, officials are suspending Initial Public Offerings (IPOs) – as many as 28 on the Shanghai and..
Business Insider 16 hours ago
News article

Switching to the drachma will be a nightmare for Greece (GREK, EUR)

switching to the drachma will be a nightmare for greece (grek, eur)Switching back to the drachma would be chaotic if Greece has to ditch euros. The country will hold a crucial referendum on Sunday. Millions of citizens will vote "Yes" or "No" on whether their..
Business Insider 17 hours ago
News article

China Scrambles to Put Plunge Protection Team Together: Banks Pledge Support For Crashing Market

“The market is now a falling knife”, BofAML said on Friday, referring to the harrowing 30% decline in Chinese stocks that has unfolded over the course of just three weeks, leaving the PBoC and..
Zero Hedge 17 hours ago

News article

Gold Bullion Dealer Unexpectedly Suspends Operations Due To "Significant Transactional Delays"

gold bullion dealer unexpectedly suspends operations due to significant transactional delaysWhat makes the current sovereign default episode different from previous ones is the uncanny stability and lack of buying of "fiat remote" assets such as gold and silver, and to a lesser extent,..
Zero Hedge 1 day ago

News article

Article on Overseas Diamond Resale Highlights the Need for Quality Transparency at Home, Says Diamond Forever Jewelry

With the market flooded with used diamonds to accommodate emerging markets like China and India, Diamond Forever Jewelry reminds shoppers of the importance of buying independently certified..
PRWeb 1 day ago

News article

Egypt Is On The Edge Of Full Blown Civil War

egypt is on the edge of full blown civil warVia GEFIRA, In the last few days there were dozens of separate attacks in Egypt from the Sinai up to Cairo. Probably more than 60 people died while the Egyptian army used F16 attack plains to..
Zero Hedge 1 day ago

News article

Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT

Last week in "For Greeks, The Nightmare Is Just Beginning: Here Come The Depositor Haircuts," we warned that a Cyrpus-style bail-in of Greek depositors may be imminent given the acute cash crunch that..
Zero Hedge 2 days ago

News article

Fearing Spillover, ECB Moves To Shield Neighboring Banks From Greek Meltdown

On Monday, in “Beggar Thy Neighbor? Greece’s Battered Banks Beget Balkan Jitters,” we took an in depth look at the potential for the Greek banking crisis to infect Bulgaria, Romania, and Serbia,..
Zero Hedge 2 days ago

News article

Report: Walter Energy bankruptcy talks accelerate

Walter Energy Inc.'s negotiations with creditors are accelerating and could trigger a bankruptcy filing by July 15, according to a report. Bloomberg is reporting that the Birmingham-based coal company..
bizjournals 2 days ago

News article

Greeks Split On Greferendum As Credit Suisse Says "No" Vote Defies "Rationality"

With just two days to go until Greeks decide their fate in the eurozone, the country is split down the middle, a new poll shows. The survey, commissioned by Bloomberg and conducted by the University of..
Zero Hedge 2 days ago

News article

US Equity Futures Give Up Early Gains, Nasdaq Biggest Loser

us equity futures give up early gains, nasdaq biggest loserOn what is obviously a quiet day, with US cash markets closed, US equity futures drifted quite notably weaker from overnight highs. Aside from *total chaos in the last second of trading today*, Nasdaq..
Zero Hedge 2 days ago

News article

The Smart Money is “Selling Everything That’s Not Nailed Down”

Private equity (PE) firms are selling stocks at the fastest pace in history. According to Bloomberg, PE firms have sold $73 billion of their holdings to the public so far this year. That’s the..
Proactive Investors 2 days ago

News article

A company spun out of Alibaba is now worth as much as $50 billion

a company spun out of alibaba is now worth as much as $50 billionAnt Financial, the online payment service spun out of Alibaba in 2011, just closed a Series A round that reportedly values the company at roughly $50 billion. The actual amount of the financing was..
Business Insider 2 days ago
News article

This Is What It Looks Like When Central Banks Lose Control

this is what it looks like when central banks lose controlIn the utopian world of US equities - where every dip is a buying opportunity and "The Fed's got your back," - it is blasphemous for anyone to suggest this state of affairs cannot go on forever is..
Zero Hedge 2 days ago

News article

The United Arab Emirates, Africa And Angola In New Silk Road – Analysis

By Gustavo Plåcido Dos Santos* In June 2015, the Angolan President, José Eduardo dos Santos, paid state visits to Beijing and Abu Dhabi. These two stop-overs came at a complicated time for..
Eurasia Review 2 days ago

News article

EU Officially Declares Greece In Default

(EurActiv) — Greece was officially declared in default Friday, injecting even more urgency into a make-or-break weekend referendum that new polls suggest is too close to call. The EU fund..
Eurasia Review 2 days ago

News article

San Francisco hotels now world’s priciest, says survey

Average price is $397 a night, says a Bloomberg survey, with hotel prices driven by tech boom, lack of new hotels.
Seattle Times 2 days ago

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