Most talked about Bloomberg News stories

Support for Occupy Hong Kong Over Vote Waning, Group Says

bloomberg.com — A leader of the pro-democracy group that threatened to occupy Hong Kong's financial district said its strategy to win concessions from China on election reform had failed and that support for the sit-in was waning.
Sep 02, 2014

RT @AnujChopra: Has #HongKong's pro-democracy @OCLPHK conceded defeat? Spectacularly short-lived 'era of civil disobedience' if so bloomberg.com/news/2014-09-0…

Sep 02, 2014

Preoccupied: HK support for Occupy sit-in wanes in face of people pragmatism, says movement founder bloom.bg/1qwDPhM

Sep 02, 2014

RT @davidmmerritt: Has Beijing already won? First sign of Occupy Central throwing in the towel - our interview with Benny Tai bloom.bg/1sW54lJ #HongKong

Show 9 more tweets from Michael Dwyer, Brendan Scott and others...

A Mile Below Paris Drillers Hit Hot Pools to Warm Houses

bloomberg.com — In the midst of a suburban sprawl halfway between the Eiffel Tower and Paris's busy Orly airport, a drilling crew works night and day burrowing deep into the Earth's crust in search of underground heat. The muddied workers from Cofor and Schlumberger Ltd.
Sep 02, 2014

Paris has the world’s 2nd largest concentration of hot pools, that's why drillers are looking 1 mile below the city bloom.bg/1noe289

Sep 02, 2014

RT @hsmithnews: Exclusive look at drilling a mile below Paris, where hot pools warm houses: bloom.bg/1noe289 via @BloombergNews

Sep 02, 2014

Exclusive look at drilling a mile below Paris, where hot pools warm houses: bloom.bg/1noe289 via @BloombergNews

Show 7 more tweets from Sandy Hendry, Will Kennedy and others...

Xi’s Hard Line on Hong Kong Shows No Room to Tolerate Challenges

bloomberg.com — President Xi Jinping's uncompromising stance on limiting democratic reforms in Hong Kong marks a public show of strength that signals to the world - - and China 's own citizens -- that the ruling Communist Party won't tolerate any challenges to its authority. Xi incurred a rebuke from the U.S.
Sep 01, 2014

RT @BruceGrant5: Xi’s Hard Line on Hong Kong Shows No Tolerance of Challenges bloom.bg/1pjdNdN via @BloombergNews

Sep 01, 2014

RT @EdmondLococo: More great political coverage from @tshinflux: Xi’s Hard Line on #HongKong Shows No Room to Tolerate Challenge bloom.bg/1pjdNdN #China

Sep 01, 2014

RT @Westyhk: Xi’s Hard Line on Hong Kong Shows No Tolerance of Challenges bloom.bg/1pjdNdN via @BloombergNews

Sep 01, 2014

Xi’s Hard Line on Hong Kong Shows No Room to Tolerate Challenges bloom.bg/1pjdNdN via @BloombergNews

Show 6 more tweets from Michael Heath, Flavia Krause-Jackson and others...

Apple Probes Report ICloud Was Hacked to Gain Stars’ Nude Photos

bloomberg.com — Apple Inc. (AAPL), which is poised to unveil new iPhones next week, said it's investigating reports that hackers used its iCloud service to illegally access nude photos of actress Jennifer Lawrence and other celebrities. Hackers posted the nude photos on the anonymous image-sharing website 4chan, the Telegraph in London reported.
Sep 02, 2014

Apple Probes Report ICloud Was Hacked to Gain Stars’ Nude Photos bloom.bg/1B9bP8O via @BloombergNews

Sep 02, 2014

Apple Probes Report ICloud Was Hacked to Gain Stars’ Nude Photos bloom.bg/1B9bP8O

Sep 01, 2014

Apple Probes Report ICloud Was Hacked to Gain Stars’ Nude Photos bloom.bg/1B9bP8O via @BloombergNews

Sep 01, 2014

FBI probes report iCloud was hacked to gain Jennifer Lawrence nude photos bloom.bg/1B9bP8O via @BloombergNews

Show 5 more tweets from Flavia Krause-Jackson, Anousha Sakoui and others...

Jack Ma Times Market Selling Second Alibaba IPO in Rally

bloomberg.com — Jack Ma knows how to time an initial public offering. The 49-year-old former school teacher preparing to list Alibaba Group Holding Ltd. during a record rally for U.S. stocks did the same thing seven years ago, when Alibaba.com Ltd. went public in Hong Kong a week after the Hang Seng Index (HSI) hit an all-time high.
Sep 01, 2014

RT @frostyhk: Last time Jack Ma took Alibaba public, he picked the peak of the bull market bloom.bg/W3n42W

Sep 01, 2014

RT @frostyhk: Last time Jack Ma took Alibaba public, he picked the peak of the bull market bloom.bg/W3n42W

Show 3 more tweets from Richard Frost, Edmond Lococo and others...

Swiss GDP Unexpectedly Stagnates as Euro Area Leaves Mark

bloomberg.com — The Swiss economy lost pace in the second quarter with private consumption failing to make up for slowing exports as stagnating growth in the euro-area took its toll. Swiss gross domestic product was unchanged in the three months through June from the previous quarter, when it expanded 0.5 percent, the State Secretariat for Economic Affairs in Bern said in a statement today.

Draghi ABS Revival Depends on Regulators Defining Simple

bloomberg.com — The European Central Bank is gearing up to buy "simple, transparent and real" asset-backed debt. The success of its bid to breathe life into the market will depend on how regulators from Basel to Brussels define those terms. President Mario Draghi said last month that ECB purchases of asset-backed securities "would lead to a reconstruction of a market that has disappeared with the crisis," and that's why they will focus on products that are easy to price.

Restaurant Critic Goes Time Traveling on Italy’s Quickest Train

bloomberg.com — Tap for Slideshow We've left Rome on Italy's fastest regular train, a luxurious beast called the Frecciarossa, or Red Arrow, and as I watch the countryside turn to a blur from my leather armchair the decades also dissolve.
Sep 02, 2014

nice read by @Richardvines on how he failed as a train announcer and ended up a restaurant critic: bloomberg.com/news/2014-09-0…

Sep 02, 2014

How I failed as a train announcer and became a restaurant critic instead bloomberg.com/news/2014-09-0…

SoftBank to Sell Robot in U.S. Stores Within 12 Months

bloomberg.com — Billionaire Masayoshi Son will start selling his humanoid robots named "Pepper" at Sprint Corp. (S) stores in the U.S. by next summer, part of SoftBank Corp. (9984) 's push to take the technology beyond factory floors.

Nigeria Too Big to Fail Bank Rules Spur Bond Rush: Africa Credit

bloomberg.com — Nigerian lenders are gearing up to sell the most debt in four years to bolster cash reserves, taking advantage of a drop in borrowing costs before the central bank increases how much capital they need to hold.

U.S. Companies Say China Subjectively Enforcing Laws

bloomberg.com — China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation. American Chamber of Commerce in China members say they have "growing perceptions that multinational companies are under selective and subjective enforcement by Chinese government agencies," Greg Gilligan, the group's chairman, said in a report today.

Mizuho to Encourage Analysts to Become Investment Bankers

bloomberg.com — Mizuho Financial Group Inc. (8411) plans to encourage equity research analysts to become investment bankers as Japan's third-largest banking group competes for business arranging share sales and advising on mergers. Mizuho Securities Co. will offer its analysts the opportunity to switch jobs so the company can tap their knowledge about industries and the equity market to advise clients, said Yohei Osade, global head of Asian equities.

Hong Kong's Benny Tai on Occupy Central Protest: Video

bloomberg.com — Benny Tai Yiu-ting, co-founder of pro-democracy activist group Occupy Central, talks about China's decision to effectively select the leadership candidates for which Hong Kong people could vote and his group's push for greater electoral reform. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

Credit Suisse Bid to Dismiss Wealth Client’s Suit Fails

bloomberg.com — Credit Suisse Group AG (CSGN) lost a bid to dismiss a lawsuit by a former private wealth client who is accusing the bank's Singapore unit of failing to explain the risks of a complex investment product.

China Stock Rally Defies Construction Slowdown: Chart of the Day

bloomberg.com — Chinese stocks are decoupling from steel prices by the most in three years as equity investors bet Asia 's largest economy will withstand a property slowdown. The CHART OF THE DAY tracks the Shanghai Composite Index against a gauge of the most liquid steel contracts traded in the city.
More Stories