Bloomberg Business

Altice USA to Pause Some Capital Spending Amid Probe

Altice USA said it’s reviewing some supplier and vendor relationships and will pause some capital spending until an internal investigation linked to suspected fraud at its European counterpart is complete.

A 14-Year High Hedging Cost Is Hardly Scaring Asian Investors

Local-currency investors from emerging Asian nations aren’t shying away from hedging their overseas investments even as the cost of protection rises to the highest in 14 years amid concern dollar weakness may erode the value of their portfolios.

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