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Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06
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Bloomberg Television
Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06
Friedrich Merz suffered a shock setback when he fell short of a majority in an initial vote in the lower house of parliament to confirm him as Germany’s next chancellor, preventing his swearing in on Tuesday and pitching Europe’s biggest economy into uncharted territory. It was the first time since World War II that an incoming chancellor failed to get parliamentary backing in the first round of voting in the Bundestag and triggered chaos in Berlin’s government quarter. In tech news, OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk.  Today's guests: Karim Chedid, BlackRock EMEA Investment Strategy Head, Helen Giza, Fresenius Medical Care CEO, Abigail Watt, UBS US Economist _____________ "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:03:58 - Carney, Trump Prepare to Talk Trade and Security at White House 00:05:16 - Dollar Snaps Two-Day Decline, Stock Futures Dip 00:10:21 - Germany in Political Chaos After Merz Loses Chancellor Vote 00:11:31 - Karim Chedid, BlackRock EMEA Investment Strategy Head 00:15:34 - Merz Loses Initial Vote to Be German Chancellor in Shock Setback 00:18:37 - Fresenius Medical Care Beats on Cost Cuts, Patient Referrals 00:19:52 - Helen Giza, Fresenius Medical Care CEO 00:26:19 - Merz Falls Short of Majority 00:29:46 - OpenAI Walks Back For-Profit Plan, Nonprofit to Keep Control 00:31:27 - Musk’s Lawyer Says OpenAI Reform Proposal ‘Changes Nothing’ 00:38:37 - Abigail Watt, UBS US Economist 00:43:11 - UK Non-Dom Change Risks Costing More Than It Raises, Study Warns -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Germany: Merz Loses Initial Parliament Vote to Be Chancellor
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Bloomberg Television
Germany: Merz Loses Initial Parliament Vote to Be Chancellor
Friedrich Merz suffered a shock setback when he fell short of a majority in an initial vote in the lower house of parliament to confirm him as Germany’s next chancellor, preventing his swearing in on Tuesday and pitching Europe’s biggest economy into uncharted territory. Bloomberg's Oliver Crook reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Dollar Depreciation Has Long Way to Go: 3-Minute MLIV
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Bloomberg Television
Dollar Depreciation Has Long Way to Go: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:05 - Hong Kong Dollar Peg 00:01:00 - Taiwan Dollar Surge 00:01:09 - Lower Exposure to USD 00:02:31 - Euro Price to Potentially 1.25 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Trade War: Chinese Trade Flow Resilient In April Despite US Tariffs | Daybreak Europe 05/06/2025
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Bloomberg Television
Trade War: Chinese Trade Flow Resilient In April Despite US Tariffs | Daybreak Europe 05/06/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, The dollar snaps two days of declines as bullish sentiment towards Asian currencies takes a breather. In China, services activity slips to a seven month low, stoking fears of a rapid economic slowdown. This while Beijing's trade flows increased at the end of April, indicating the damage from US tariffs has yet to manifest in actual shipments even though the trade war is widely expected to eventually slow the world’s second-largest economy. Meanwhile, Friedrich Merz pledges swift action to galvanize Europe's biggest economy as he takes over as German chancellor. And the UK's tax overhaul for wealthy foreigners will start costing more than it raises if one in four of those affected leaves the country - that's the warning from the Centre for Economics and Business Research. The government disputes the figures. Chapters: 00:00:00 - Daybreak: Europe 00:00:59 - Philips Lowers Margin Guidance Over US-China Trade Tensions 00:04:09 - China's Services PMI Weakest Level in 7 Months 00:04:43 - Chinese Trade Flow Resilient Despite US Tariffs 00:05:45 - China Reports Holiday Travel Surge 00:07:19 - Tariffs Dominate Milken Discussions 00:07:40 - Bessent Touts US as ‘Premier Destination’ for World Capital 00:09:48 - Trump-Carney Meeting Today 00:11:15 - Dollar Gains After Two-Day Drop 00:11:37 - Taiwan Dollar Stabilizes 00:15:56 - OpenAI Walks Back For-Profit Plan 00:18:30 - Palantir Earnings Fall Short Of Wall Street Hopes 00:22:59 - Trump Blocks Harvard From New Research Funding in Latest Blow 00:25:00 - Continental Sales Jump to Best First Quarter in Four Years 00:27:08 - Merz to Start as German Chancellor, Replacing Scholz 00:31:59 - Ford Pulls Outlook, Sees $1.5B Hit From Trump Tariffs 00:33:40 - Ferrari Earnings Preview 00:34:25 - Vestas Earnings 00:35:19 - Apollo CEO: Trump 'Not Wrong' On Tariffs 00:38:01 - Warning On UK Tax Plan For Rich 00:42:01 - Italy Said Unwilling To Ease BPM Terms -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
How Ambani's Campa Cola is Hurting Coke, Pepsi in India
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Bloomberg Television
How Ambani's Campa Cola is Hurting Coke, Pepsi in India
Asia's richest man, Mukesh Ambani, is challenging Coca-Cola and PepsiCo's dominance in India with Reliance Industries' Campa Cola brand. Bloomberg's Satviki Sanjay speaks on Insight with Haslinda Amin about the growing success of the brand. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Chinese Media Reports Holiday Travel Surge
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Bloomberg Television
Chinese Media Reports Holiday Travel Surge
Chinese media are reporting a surge in travel and retail spending over the May Day holiday, with cross-regional passenger traffic up 8%. But as Bloomberg's China correspondent, Minmin Low, explains - not all of the data so far paints a rosy picture. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Longest Rally in 20 Years Snaps; Israel Operations in Gaza: Horizons Middle East & Africa 5/6/2025
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Bloomberg Television
Longest Rally in 20 Years Snaps; Israel Operations in Gaza: Horizons Middle East & Africa 5/6/2025
The S&P halted its longest rally in about 20 years. Ford suspended full-year guidance, warning auto tariffs will crash into profits; Israel's security cabinet voted to intensify military operations in Gaza, calling up tens of thousands of extra reservists... while also deciding on aid distribution in the Palestinian territory; and the Trump administration continues to tease trade deals that could shift investor sentiment. Treasury Secretary Scott Bessent argues Trump's policies will solidify the US position as the home for global capital. Guests on the show include: Ankita Pathak, Ionic Asset Management Fund Manager and Global Equities & Macro Strategist; and Rudy Saadi, Citi, Managing Director and Head of MENA ECM. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:03:29 - Dollar snaps 2-day decline, stock futures dip 00:07:38 - Trump talk dominates first day of Milken conference 00:12:10 - Ankita Pathak, Ionic Asset Management Fund Manager and Global Equities & Macro Strategist 00:17:55 - Israel to step up military operations in Gaza 00:25:55 - Rudy Saadi, Citi Managing Director and Head of MENA ECM 00:33:37 - Adani Ports revives global expansion plans 00:40:57 - Incoming German Chancellor Merz faces host of challenges -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025
Goldman Sachs Still Bullish Tech Stocks Despite Headwinds| Insight with Haslinda Amin 5/6/2025
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Bloomberg Television
Goldman Sachs Still Bullish Tech Stocks Despite Headwinds| Insight with Haslinda Amin 5/6/2025
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. Chapters: 00:00:00 - Insight with Haslinda Amin Begins 00:01:09 - Dollar snaps two-day slide, easing Asia FX swings 00:02:04 - Bloomberg's Mark Cudmore and Stephen Chiu on what's moving the dollar 00:02:08 - Cudmore: Taiwan dollar moves are truly extraordinary 00:12:03 - Chiu: Yuan basket is weakening 00:16:01 - Goldman Sachs' Sung Cho: US tech, Mag 7 earnings still strong 00:18:13 - Goldman's Cho: Tech not expensive by historical measures 00:23:57 - Goldman's Cho: DeepSeek exposed how one-sided tech trade became 00:26:44 - Goldman's Cho on tech opportunities beyond the Mag 7 00:33:14 - Indian Hotels MD & CEO Puneet Chhatwal on 4Q earnings miss 00:33:53 - Chhatwal: Seeing very strong first quarter results 00:39:05 - Chhatwal: Foreign tourist arrivals surging in past 100 days 00:42:10 - Ambani's Campa Cola challenges Coke, Pepsi in India -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published May 6, 2025