Alan, just walk us through how realistic and how probable Lecornu's chances are of striking a deal. I would really would hesitate to put a number on, you know, his chances. It it doesn't look great, I guess, let me put it that way.But that said, you know, in politics, you really never know. I mean, what he's done today is that today he's got these discussions. As you mentioned, he's meeting with the national rally right now at 1030 Paris time.He meets with the socialists and he meets with the greens and the ...

when it comes to coming on the pitch at such a late moment and needing to deliver. You know, the confidence that a coach has to put you on is enough for me especially, you know, to go on that pitch and know that they trust in me. My teammates look at me and they're like, "You've got this." And to know that people believe in me makes me believe in myself as well.And obviously, like I've mentioned many times before, my belief in God that I'm here for a reason and that I can go and deliver on that stage. And y ...

Market Trends & AI Impact - AI optimism lifts Wall Street to fresh records, with investors cheering AI alliances and hoping for profit translation from billions pouring into the sector [1][46] - The AI effect is lifting markets in Asia, with impressive gains seen in chip sectors like Fujitsu and Hitachi, driven by partnerships with OpenAI [6][7] - OpenAI's valuation reached $500 billion, signaling strong optimism in the AI space and driving gains for chip-linked companies like NVIDIA and AMD [25][48] - The AI rally continues to fuel stocks globally, not just in the US [45] Economic Indicators & Monetary Policy - US equities trade at all-time highs, seemingly unfazed by the ongoing US shutdown, with investors focusing on the length of the shutdown [11][12] - US 10-year Treasury yields slipped lower throughout the week, trading below 410%, indicating expectations of potential rate cuts [3][49] - The Yen is seeing a weekly gain of 12%, with potential for further strengthening to the low to mid 140 levels in the coming weeks due to hawkish comments from the BOJ governor [10] Energy Market - OPEC-plus is discussing accelerating the pace of putting back oil barrels to the market, potentially as high as 500,000 barrels over the next three months [5] - WTI has hit a four-month low due to pressure on the energy complex, driven by expectations of increased oil supply [5][51] Geopolitical & Social Issues - Unrest in Morocco turns deadly, with thousands protesting poor public services and heavy spending for the 2030 Football World Cup [2][47] - Morocco has earmarked nearly $35 billion for infrastructure spending and stadium construction for the 2030 FIFA World Cup, while facing issues like healthcare and unemployment [36] - Trump administration is weighing slashing thousands of federal jobs, increasing pressure on Democrats to end the government shutdown [11][46] Company Specific News - Tesla's shares slipped despite record quarter deliveries, with subsidies potentially weighing on the automaker's outlook [1][24] - Boeing's 777X jet is now slated to fly commercially for the first time in early 2027 instead of next year, potentially leading to billions of dollars in accounting charges [23]

LIVE FROM THE MILKEN INSTITUTE ASIAN. THIS IS LIVE. WE HAVE A GREAT WILL YOU PLEASE OF GUESTS AND C.E. O. AND THE COUNTRY’S PUSH TO BECOME A GLOBAL HUB.AND WE’LL GET INSIGHTS FROM THE VICE MINISTER OF TRADE AND HOW PRESIDENT TRUMP’S TARIFF POLICIES ARE RESHAPING GLOBAL COMMERCE AND HERE ARE THE OTHER BIG STORIES. AND JAPAN TAKING THE LEAD TODAY AS STOCKS AND RECORD HIGH. AND LATEST TO GET A POOFT.PLUS, AND INDIA’S MARKETS REGULATOR AS THE NATION’S BILLIONAIRES HAVE EXCHANGES AND MORE ON THAT. HASLINDA: LET’ ...

Video shows a large blaze at a Chevron refinery in El Segundo, in Los Angeles County, California. (Source: KABC) -------- 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: h ...

What's holding up these deliveries. It's already been six years right in the pipeline. And how is this going to affect not just Boeing itself, but its customers as well.Yes, Boeing is communicating privately that it expects its newest market share this long haul, 777, to start flying commercially in 2027. And so it's a blow for customers who have been waiting, as you said, since 2020. I think the problem for Boeing at the moment is it raises the specter of having to take yet another cash charge, a non-cash ...

It seems that the European Union is fighting back when it comes to steel tariffs. They've raised their own levies to 50%. Is this the sort of escalation that precedes negotiation when you're dealing with President Trump.I mean, you know, I think that that's a fair argument there. You know, I mean, if you're looking potentially at sort of how other nations or other blocs and such have kind of tried to approach these types of tariffs, I mean, look at China, for example, which is kind of raising its own. What ...

When you decide to leave a job that you love, you hope for two things. One, that you've put a company in a much stronger position than you found it. And also, that you manage to support the smoothest possible transition.But um it really does feel like 26 and it did feel the right time to plan for a transition because you know we we did this period and we continue to upgrade our outlooks from 21 to 26. we're going to overd deliver on that and it's 26 when frankly I believe the CEO who's going to deliver the ...

Takeover Bid Rejection & Rationale - Sabadell Board rejected BBVA's €17 billion revised takeover offer, leaving the decision to shareholders [1] - The offer is considered underpriced compared to 16 months prior, offering only 153% of the combined holding versus the previous 162% [2] - BBVA's stock performance has been the worst among European stocks, diminishing the value of their offer currency [3] - Achieving a 50% acceptance rate in the initial offer is deemed impossible, potentially leading to a second offer with increased risks [4] Stock Performance & Market Dynamics - BBVA's stock price is under pressure, not solely due to the acquisition, but also due to underperformance in Mexican markets, down 16% while Spanish stocks are up 80-90% [6][7] - Over 40% of shareholders are against the deal, with acceptance levels currently below 1% [9][10] - Lowering the acceptance threshold to 30% is a possibility for BBVA, potentially leading to a second takeover offer [11][12] Potential Second Takeover Offer & Financial Implications - The chairman indicated that a second takeover offer would be equal to or superior to the first, incentivizing shareholders to wait [13] - A second offer could require BBVA to disburse up to €12 billion in cash if shareholders tender at a fixed price [14][15] - BBVA might need to reduce dividends and issue shares to cover the costs, despite having reserves [16] Shareholder Structure & Investor Sentiment - 5% of shareholders are strategic partners, 20% are passive investors, and 35% are long-only/hedge funds with divided opinions on the deal's long-term value [19][20][21] - Institutional investors are hesitant due to potential overhang on BBVA shares from the need to raise or use €12 billion in cash [22] - One institutional investor, David Martinez, has chosen to take the tender offer, but he is considered a unique, distressed investor [22][23] Banco Sabadell's Future & Strategy - Banco Sabadell emphasizes its autonomy of management and independence for the next 3-5 years, with brand continuity, no branch closures, and no layoffs [29][30] - The bank is a "capital generation machine" with a return on tangible equity expected to reach 16% [34] - Banco Sabadell plans to return 40% of the market cap value per share to shareholders in the next 25 years [34] - The bank's interim dividend is higher than BBVA's, paying out 7% cents per share with a commitment to offer another 7% [35] - Banco Sabadell is growing and gaining market share while maintaining a core Q1 above 13%, higher than BBVA's committed 12% [37][38]

Unemployment Concerns & Public Sentiment - Youth unemployment in urban areas is nearly 19%, causing public concern regarding the new K visa program [2][3] - Social media users express worries about job losses to foreigners and the low bachelor's degree requirement for the visa, given the increasing number of graduates, including master's degree holders [4][5] - Concerns exist about the criteria for "renowned universities" and the perceived advantage foreigners have due to English language proficiency and special treatment [6] Government Response & Policy Justification - The Chinese Foreign Ministry plans to release more information about the new visa through embassies and consulates [8] - The People's Daily defends the policy, highlighting China's openness to foreign talent and refuting rumors of unnecessary injury [8][9] - The government emphasizes China's capacity to absorb talent and the shortage of 30 million people in key manufacturing sectors [10] Implementation & Current Status - The visa application category is not yet available online, raising questions about potential delays or adjustments [11]