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French PM Given 48 Hours to Negotiate as Macron Tries to Stave Off Crisis | The Pulse 10/7
Bloomberg Television· 2025-10-07 12:53
GUY: EXCEPT IT IS NOT. TODAY IT IS ME. I AM GOUY JOHNSON. LET'S TALK ABOUT FRANCE. 24 HOURS SINCE THE FRENCH PRIME MINISTER AND ESPECIALLY RESIGNED . HE HAS BEEN GIVEN TWO MORE DAYS. I'M NOT SURE HE STILL PRIME MINISTER. HE BASICALLY HAS BEEN GIVEN THE JOB OF TRYING TO REACH OUT OPPOSITION PARTIES TO TRY AND FORM SOME KIND OF A NEW BUDGET. THE MOVE BY PRESIDENT MACRON IS A LITTLE MORE TIME TO TRY TO FIGURE OUT WHAT THE NEXT STEPS COULD BE INCLUDING FRESH PARLIAMENTARY ELECTIONS. LET'S GET A SENSE OF WHAT IS ...
France Political Crisis Latest: Macron Attempts To Salvage Government | Daybreak Europe 10/07/2025
Bloomberg Television· 2025-10-07 09:46
>> GOOD MORNING. MICRON STARTS THE COUNTDOWN. IN THE FRENCH PRESIDENT GIVES HIS OUTGOING PRIME MINISTER TO NEGOTIATE WITH RIVAL PARTIES IN A LAST-DITCH EFFORT TO PREVENT THE COUNTRY SLIDING DEEPER INTO TURMOIL.AND PRESIDENT TRUMP SAYS HE WILL SUBSIDIES CAN BE PART OF SHUTDOWN NEGOTIATIONS AFTER THE GOVERNMENT IS REOPENED AND STOCKS IN JAPAN EXTEND THEIR RECORD RALLY WHILE TECH SHARES CONTINUE TO FIRE UP GLOBAL MARKETS AS GOLD NEARS $5,000. KEN GRIFFIN DESCRIBES THE RISE OF THE METALS AS CONCERNING. A GOOD M ...
Haven Bids are Vulnerable to Unknown US Data: 3-Minute MLIV
Bloomberg Television· 2025-10-07 08:10
Gold Market Analysis - Gold price surged to fresh records above $4,000 futures overnight before stabilizing [1][2] - Goldman Sachs increased their gold price forecast for next year to $4,900 [2] - Political uncertainty in Europe, particularly in France, and the US government shutdown are contributing to a haven bid for gold [2] - Market is pricing in a rate cut from the Federal Reserve, which is currently positive for gold [3] - Potential risk exists that incoming US data could shift the picture and impact gold's momentum [4] Currency Market Dynamics - Dollar is showing strength, potentially impacting gold's performance [4][5] - Dollar's strength is attributed to a rebound story, diminishing trade uncertainty, and political uncertainty in Europe and Japan [6] - Possibility exists that rate cuts might turn out differently than currently priced, which could further support the dollar [6] Tech Stocks and Market Sentiment - S&P closed at a record high, and the Philadelphia Semiconductor index is up 6% this month [8] - Market rallies are driven by an abundance of news, raising questions about sustainability if news flow slows [9] - Uncertainties dissipating from the rest of the market could impact the frothy interest in tech stocks [9]
Orsted Raises $9.4 Bln Amid Hit From US Wind U-Turn
Bloomberg Television· 2025-10-07 07:59
Investor Confidence & Financial Backing - Investor take up of 99% indicates strong belief in the company's business model [1] - The Danish state (owning 50.1%) and Equinor (owning 10%) supported the rights issue [2] - Major shareholders provided significant backing for the company [2][3] Business Strategy & Restructuring - The company is refocusing on established European offshore projects [3] - The company is narrowing its business model to focus on core European projects [4] - Onshore projects in Europe are being sold off [4] - The company is reducing its focus on the US market due to political uncertainty [4][5] - The company aims to "rightsize" the business, likely involving layoffs [5] - Approximately 20% of employees may be laid off in the fourth quarter [6] Challenges & Future Outlook - The company faces the challenge of reorganizing after a difficult period [6] - The company is determining which projects to complete and undertake [6]
Government Shutdown: Trump Signals Talks as Democrats Refuse to Budge on ACA Subsidies
Bloomberg Television· 2025-10-07 06:00
We have a negotiation going on right now with the Democrats that could lead to very good things. And I'm talking about good things with regard to health care. Betting big opening trading KO critique Gupta joins me now with the latest.And Christie, clearly the press is putting pressure on the Democrats here. But behind the scenes, does it look like they're actually closer to a breakdown of the shutdown. I mean, the pressure certainly ramping up and no one can quite tell what the conversations are happening b ...
Big Risks Facing Gold's Rally To $4,000 And Beyond | Insight with Haslinda Amin 10/7/2025
Bloomberg Television· 2025-10-07 05:37
HASLINDA: PUSHING CLOSER TO A LANDMARK $4,000 AN OUNCE. INJECT FRESH INTO THE FINANCIAL. THIS IS "INSIGHT" WITH HASLINDA AMIN.ALONG WITH GOLD, THE RALLY IS ROLLING ON WITH OPENAI ADDS FUEL TO THE FRIENDSY. AND B. M.I. WHETHER INVESTORS HAVE TO LOOK BEYOND THE YELLOW METAL. FOREIGN INVESTORS ARE RUSHING BACK AND SPEAK TO THE CHAIRMAN OF INTERNATIONAL SERVICES FINANCIAL AND C.E. O. STOCK -- BOMBAY'S STOCK EXCHANGE.HASLINDA: STRAIGHT TOP STORY, RISING POLITICAL RISKS IN THE U.S. AND FRANCE ARE SETTING INVESTOR ...
France Political Crisis: Macron Gives PM Lecornu 48 Hours to Salvage Government
Bloomberg Television· 2025-10-07 05:33
Caroline, Macron has bought himself a bit of thinking time here. What's the latest. Just like a good series on TV.Monday brought many unexpected twists in French politics. First, we had the Republicans being angry at the nomination of Bruno Le Maire as defense minister. During the afternoon, Bruno Le Maire actually came out with a tweet saying he was giving up this job as defense minister.But the problem is that prime minister Lecornu had already resigned because he said that the Republicans were not really ...
Ethiopian airlines is pressing on with plans for new routes
Bloomberg Television· 2025-10-07 05:00
Growth Strategy - The company is opening new routes and increasing frequencies [1] - Passenger number growth is expected at a double-digit rate, typically between 12% and 15% [1] - The company has a strategy outlining which routes will be added every year [2] - Expansion will be into all continents, with Africa as the home base [2] Expansion Plans - The company will be adding more destinations into Africa, including secondary cities [3] - Continued expansion into Asia, specifically China and the surrounding region [3] - Plans to add more destinations into Europe and North America [3] Constraints - Aircraft shortage is limiting growth, otherwise growth would exceed 15% [2]
What Needs to Change After Australia's Triple-0 Emergency Call Outages
Bloomberg Television· 2025-10-07 04:06
AVRIL: AUSTRALIA'S COMMUNICATIONS MINITER MEETS TODAY -- MINISTER MEETS TODAY FOLLOWING A SERIES OF OUTAGES INCLUDING FAILURES OF THE EMERGENCY TRIPLE ZERO CALL SYSTEM, RUN BY OPTUS, A SUBSIDIARY OF SINGTEL. A 13 HOUR OUTAGE LAST MONTH BLOCKED HUNDREDS OF EMERGENCY CALLS AND HAS BEEN LINKED TO THREE DEATHS. OPTUS RISKS LOSING MARKET SHARE TO RIVALS AS PUBLIC DISTRUST IN THE HEALTH OF ITS NETWORK GROWS.JOINING US FROM MELBOURNE IS HELEN MILLER. GOOD TO HAVE YOU WITH US. IT'S AN UNFORTUNATE TURN OF EVENTS.I T ...
Where to invest as the US relationship with #India sours #stockmarket
Bloomberg Television· 2025-10-07 01:00
India and the United States have a special relationship. There's nothing to worry about. Just have we just have moments on occasion.>> For investors, those moments have meant market swings, a 50% tariff on Indian goods, the highest in Asia, and fresh uncertainty about where to put their money. India's closer ties with Russia and China only add to the sudden diplomatic stalemate between New Delhi and Washington. And it's a challenge for investors who want to make clear bets in a volatile landscape.We asked f ...