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 ...

You were in the middle of a massive takeover bid from BBVA to the tune of €17 billion in a revised takeover offer. Now, we know that the Sabadell Board has rejected this BBVA offer. It is now up to the shareholders.Your shareholders. You've flagged a series of risks of why this deal is not enticing enough. You've talked about the fiscal impact. You've talked about shareholder dilution. You've talked about risks to the labour force.I'm sure there's plenty of others I'm missing. Walk us through what you think ...

We're taking a look at what's trending in China right now. You have state media defending this new visa program to attract global tech talent after online posts expressing worries about losing jobs to foreigners and certainly comes as official youth unemployment jumps to a two year high, almost 19%. Maybe lower.China correspondent is here with us to talk us through what concerns people have specifically about this. Kate, this new K visa. Yes, as you said, one of the big issues is that youth unemployment, it ...

YOU CHOOSE WRONGLY. ♪ SHERY: THIS IS "THE ASIA TRADE. " AVRIL: I AM THE MILKEN INSTITUTE ASIAN SUMMIT ON SINGAPORE. A SOFT OPEN FOR ASIA AFTER BULLISH TECH MOMENTUM SAVES WALL STREET FROM LOSSES. OPENAI'S SHARE SALE BLISTERING OPTIMISM ABOUT THE SECTOR. TESLA SHARES GREEN AS INVESTORS BET A RECORD QUARTER OF SALES WILL BE HARD TO REPEAT. AND CRUNCH TIME FOR JAPAN'S RULING PARTY WITH ITS LEADERSHIP VOTE AND LAST CHANCE TO AVOID DRIFTING FURTHER INTO POLITICAL PERIL. AND SOME GREAT GUESTS COMING UP AT THE MIL ...

Last year, Dubai was hit by catastrophic flooding that killed at least four people and caused $3 billion worth of damage. Afterwards, there were rumors that cloud seeding missions had made the disaster worse. Officials in the UAE denied seeding the storm.Now, Bloomberg has uncovered new evidence that cast doubt on the official version of events. The United Arab Emirates host some of the world's most advanced research into weather modification technology. Scientists there are exploring how to use chemicals, ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global summit pass simulcast Carol Massar and Tim Stenovec joining us from the radio booth. Welcome to our audiences across all of our bloomberg platforms and Carol Massar everyone, well, almost everyone.You know who you are, but it is green across the screen today. Once again, Carol, with all most of the major indices at record highs. Yeah, absolutely ...

people don't elect people in Washington to simply co go back to Washington and fight each other and not govern. So, you know, ultimately what has to happen here is elected leaders have to recognize that they have to govern. They're going to have to make some tough choices.Uh we have a huge debt in this country. Uh you know, we trillions of dollars of debt. Neither party wants to deal with that debt.uh and the result is that we have this situation now where both parties are blaming each other for the failure ...

Let's start off, first of all, with local politics. There's been a lot of hand-wringing over the possibility that Mamdani does win the election here in New York. And, you know, Wall Street real estate folks, a lot of people who are used to the status quo are concerned about some of the policies that he's proposing with regards to rent freezes and other things that could affect their business.I am curious, just in your read and having been in this city for so long, does that actually matter as much. Because ...

Kristina, just walk us back to what the new strategy McDonald's is embarking on. What has it articulated. Right.So as you mentioned, for years, McDonald's was actually shuttering on net new stores between 2015 and 2021. They closed a net of more than 900 McDonald's. Many of them were inside Walmart.And over that time, the pandemic happened and people started to move more to the suburbs and the exurbs. And McDonald's realized that there were customers out there that it wasn't capturing. Their goal is to be w ...