Helping to build houses for habitat for humanity. The 92yearold carter was dehydrated after working at a construction site. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, and this is bloomberg. Emily i am emily chang and this is bloomberg technology. Uber hits reverse on russia and gives the driver seat to a rival. Second retreat from a major market. Doubling down on vr with a new headset and price tag. How the hardware stacks up against industry leaders. Under the gop unveils the new health care replacement. First, to our lead. Uber is handing over the keys to its business in russia. The u. S. Based ridesharing giant is teaming up with what is known as the google of russia. Ofwill take more than 1 3 the stake in the venture, valued at 7 million. It is a second retreat from a major market for uber. Last year they left china in exchange for a 17. 5 stake from a rival. This, after losing money from its compet
Helping to build houses for habitat for humanity. The 92yearold carter was dehydrated after working at a construction site. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, and this is bloomberg. Emily i am emily chang and this is bloomberg technology. Uber hits reverse on russia and gives the driver seat to a rival. Second retreat from a major market. Doubling down on vr with a new headset and price tag. How the hardware stacks up against industry leaders. Under the gop unveils the new health care replacement. First, to our lead. Uber is handing over the keys to its business in russia. The u. S. Based ridesharing giant is teaming up with what is known as the google of russia. Ofwill take more than 1 3 the stake in the venture, valued at 7 million. It is a second retreat from a major market for uber. Last year they left china in exchange for a 17. 5 stake from a rival. This, after losing money from its compet
Charts straight ahead. Hello and welcome, i am scarlet fu, this is bloomberg best, the weekly review of analysis and interviews from around the world. Lets begin the book at the top headlines with a recession report astonishing report from monday, the Panama Papers. A new report says will letters, criminals, and celebrities used companies to hide their wealth. According to investigative journalists, at least 2 billion in transactions involve people and companies linked to vladimir putin. Canada irm in panama. They are newspapers lighting up with interpretations of 11. 5 million 11. 5 million documents. 11. 5 millionout files from the world fourth. Argest offshore law firm you are try to conceal your identity, conceal your mouth. That is not legal. The issue right now, the law firm, how much protection they have, a huge security breach. A lot of this is legal stuff. And it isillegal, used by High Net Worth individuals for state signing to reduce taxes and completely legal format, and th
With the details. Reporter hi, melissa. Treasury is implementing imposed regulations on tax inversions, an issue weve heard a lot about, criticism from both Hillary Clinton and donald trump. Now treasury saying its taking new regulatory steps. Heres what treasury says is actually happening. They will try to limit inversions by disregarding foreign parent stock attributable to recent inversions or acquisitions of companies and they will try to address earnings stripping by targeting transactions that generate large interest deductions allowing the irs on audit to have debt instruments and debt equity and requiring certain implementations of debt instrumentation of what is debt and not deal in one of the tax inversion deals. Treasury has done this two times before and on a Conference Call with reporters that happened a few minutes ago they declined to say whether the two previous actions the treasury has taken actually had any effect in limiting the tax inversion transactions. Mel sla .