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Friday, November 9, 2012

Beautiful Business: Spas Especially For Men in Asia


When it comes to embracing the fine art of pampering, Four Seasons says Asia leads in a unique way! Bloomberg's Angie Lau has been finding out more.

Hong Kong Horse Fans Gamble as Melbourne Races


When it comes to horse racing and luxury, Hong Kong is ahead of the pack. Bloomberg's Angie Lau reports.

The Top Ten Stocks for Nov. 9


Nov. 9 (Bloomberg) -- Bloomberg’s Susan Li, Josh Lipton and Adam Johnson report on today’s ten most important stocks including CBS, Apple and Disney. (Source: Bloomberg)

Snack Pack: WTI Crude, Euro, McDonald's, Bond Risk


Nov. 9 (Bloomberg) – Bloomberg’s Stephanie Ruhle, Alix Steel, Josh Lipton, Dominic Chu and Adam Johnson update the top trading stories of the day. They speak on Bloomberg Television’s "Lunch Money.”

Wall St. up but Washington wary (1:47)



Nov 9 - Summary of business headlines: Wall Street rises and falls as President Obama discusses the fiscal cliff; U.S. consumer sentiment hits five-year high; J.C. Penney continues to struggle with turnaround. Conway G. Gittens reports

Bright Ideas | Euromaxx



Published on Nov 9, 2012 by
London's interactive art and lighting design practice Cinimod Studio creates visually stunning projects. Its latest recently loomed large over the Thames, in the shape of a giant red flying saucer. For more go to http://www.dw.de/euromaxx-lifestyle-europe-2012-11-07/e-16314953-9798

The Stream - Africa's tech challenge



Published on Nov 8, 2012 by
What are the biggest challenges to the tech industry in Sub-Saharan Africa?
http://stream.aljazeera.com/story/africas-tech-challenge

11/09/2012 BUSINESS BULLETIN



Published on Nov 9, 2012 by
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Iberia to cut 4,500 jobs, a quarter of airline's workforce



Published on Nov 9, 2012 by
http://www.euronews.com/ The Spanish airline Iberia is to cut four and a half thousand jobs - a quarter of its workforce. Its parent company, International Airlines Group, says the aim is to save the company which is "struggling for survival".

A deadline has been fixed for the end of January to agree a restructuring plan with the unions - otherwise, warns the company, even more drastic cuts will be implemented.

Iberia's director general says the company is not competing in any of its markets, and its problems pre-date the Spanish or European crises. It's losing 1.7 million euros a day, he adds.

On Wednesday IAG released its latest monthly passenger figures, which showed that numbers had risen at British Airways compared to the same period last year - whereas Iberia had lost customers. Traffic was down by 3.7 per cent.

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European Commission agrees to support ailing European car industry



Published on Nov 8, 2012 by
http://www.euronews.com/ Peugeot, Opel, Ford ... successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission committed to supporting and facilitating its painful restructuring.

Antonio Tajani
EU Industry Commissioner:
"I decided to meet with the industry, I'll meet with the unions before the end of November and I invited the Ministers of Industry to have a discussion on working towards a better car industry."

Purchases of European new car registrations fell almost 11% in the last year. The decline has lasted five years. In Genk, Belgium, 4,300 employees of the Ford factory are gripped by periods of layoffs pending final closure of the site. The Commission's announcement was met with reservation.

Rhonny Champagne
ABBV Socialist Trade Union:
"Every bit of help is more than welcome. On the other hand, I hope that there'll be more only just talks, that there will be some decisions made that will help the car industry in Europe. Otherwise, it is just being busy and giving people false hope."

With flagging domestic demand and close to 30% overcapacity, the European auto industry is looking for salvation in innovation and emerging markets. Brussels has agreed to support investment in technology and facilitate exports.

Ivan Hodac
European Automobile Manufacturers Association:
"I think that if we invest enough in innovation, if we chop the overcapacity, if we restructure the industry, in one way or another we have to make this industry competitive."

Words that offer little comfort to the workers at Ford Genk. Part of their plant's production will be relocated to Spain.

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53 Bond Girls: The 007 Franchise by the Numbers


Nov. 9 (Bloomberg) -- Bloomberg's Stephanie Ruhle takes a look at the James Bond film franchise, as the new "Skyfall" sees record success at the box office.

The Top Ten Stocks for Friday, November 9


Nov. 9 (Bloomberg) -- Bloomberg's Betty Liu, Dominic Chu, Josh Lipton and Alix Steel report on today's ten most important stocks including Kayak, Groupon and J.C. Penney. They speak on Bloomberg Television's "In The Loop."

Gurka: Clearly a Disconnect in Oil, Gold, Dollar


Nov. 8 (Bloomberg) – Michael Gurka, managing director at Spectrum Asset Management, talks with Bloomberg’s Deirdre Bolton about a disconnect in the oil, gold and dollar markets in the past month. He speaks on Bloomberg Television’s “Money Moves.”

Market Pulse: Time to go for gold (5:01)



Nov. 9 - With world shares sliding ahead of the looming U.S. fiscal cliff, if you're not buying dollars, buy gold, says Credit Agricole CIB Senior FX analyst Adam Myers