Business Trucking News+ More Breakingviews: Elliott hits Samsung + MORE 10/05/2016

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Breakingviews: Elliott hits Samsung

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Antony Currie and Robert Cyran explain how smartphone battery problems, disappointing capital returns and an ill patriarch have made the Korean electronics giant vulnerable to activism.

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Britain’s pound has fallen again on fears over a so-called “hard” Brexit, dropping below $1.27 for the first time since June 1985. And the UK’s key services sector PMI has also fallen slightly, with financial services in particular bracing for fallout. Hayley Platt reports.

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A Chinese-built 750 kilometer (450 miles) railway line that cost a little under $4 billion aims to improve Ethiopia’s transport infrastructure.

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ECB taper talk jolts markets

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The prospect of the European Central Bank eventually winding down its bond-buying stimulus programme has rattled investors. As David Pollard reports, some are wondering whether the asset-buying stimulus programmes that have buoyed markets across the globe are reaching their limits.

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Mom-and-pop bookstores are emerging from the decimation of the last decade as they use social media to inspire a loyal customer base.

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BlackRock slashes ETF prices

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A new rule by the Obama Administration spurred BlackRock to cut prices on 15 of its exchange-traded funds. Fred Katayama reports.

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