James, we had Reeves saying in her speech last week or at least hinting that she was going to break the manifesto. Then it seemed she wasn't going to raise income tax in the budget and now we've got these latest developments on forecasts. What's going on. What's the thinking behind all of this.>> Well, do you understand the thinking. There are three constituencies you need to bear in mind. The public, Labour MPs, and the markets.Reeves is trying to keep all of them happy. And so that was why two weeks ago s ...

Mark, is this just a wobble or is this something more significant. I think this is just a wobble, but it's a wobble that I expect to continue for another couple of weeks. We've talked about in the show over the last week or so that the pullback that start at the end of October did not seem like it's exhausted yet.And, you know, really, we've had no real drawdowns over the past six months. We're due a little bit more of a of a clean out. And I expect this to go a bit deeper over the next week or two.We are s ...

Indian Economic Outlook - India could benefit from a potential burst in the "air bubble" due to its limited exposure to hyperscaler stocks and data center capacity stocks [2][3] - Axis Bank's chief economist anticipates a cyclical recovery in the Indian economy driven by the reversal of monetary tightening and the end of hard fiscal tightening [5] - The market expects 12-month forward earnings to rise as the economic recovery comes in [6] - Mishra anticipates more than 7% growth in the Indian economy [9] Financial Services Industry Trends - Fundamentals, such as economic growth, credit build-out, and market structure, are more significant than volatility in driving the financial services industry [11] - Lending in India has grown at a nominal rate of 15% to 15.5% annualized over a 50-year period, but has come down to about 11% in the last ten years [13][14] - Government spending slowed down, impacting the economy, but is now recovering [16][17] - Credit growth in India is currently running at about 10%, with a credit growth to GDP growth ratio of 1:1, lower than the historical average of 1.25% to 1.3% [22] - India has a capital deficit, particularly in long-duration capital, and the government is working to attract long-term capital into the financial services sector [24][26] - The number of banks in India has decreased over the last ten years due to the government's merging of public sector banks, reducing competitive intensity [28][29]

>> LIVE FROM LONDON, THIS IS "BLOOMBERG DAYBREAK: EUROPE." THESE ARE YOUR TOP STORIES. GLOBAL STOCKS TUMBLE ON STRETCHED TECH VALUATIONS AS DOUBTS GROW OVER A FED RATE CUT NEXT MONTH. CHINA ADDS TO THE GLOOM WITH A BEVY OF WEAK ECONOMIC DATA.TARIFFS RETHINK. THE U.S. SET TO CUT TARIFFS ON LEVEES AS THE PRESIDENT SEEKS TO ADDRESS THE RISING COST OF LIVING FOLLOWING LAST WEEK'S ELECTION WINS FOR THE DEMOCRATS. PLUS, THE POUND FLIGHTS FOLLOWING REPORTS THAT THE U.K. CHANCELLOR IS EXPECTING MAJOR U-TURNS ON PLA ...

(Subtitles may contain inaccuracies) We have none other than the Chair and CEO Jane Fraser. Thanks so much for having us. Well, we're delighted to have Bloomberg here.Thank you very much for joining our conference. So what do you hope to get out of this in talking to all your guests and your clients and to understand a little bit more about the China market, which you know very well. But we're coming out of a bruising trade war.We're not even out of it yet. Right. Some say it's a truce, not necessarily a la ...

You are in, I guess, the second phase of your career, which is with the launch of 39 Group, and that is a sports and entertainment company. Talk to us about the types of investments that you're looking for for the group. Yeah, I've got that.But I think that's just a my media company represents, which has real and different podcasts. My football agency and commercial agency knew everyone as well, which are really private. Private.And again, it's just I'm from a football background and that obviously encapsul ...

Congresswoman Adelita Grijalva. Welcome to Washington and welcome to Bloomberg TV and Radio. It's great to see you.You have been a member of Congress for less than 24 hours, and we were compelled by your words following your swearing in. We have a lot of things we want to ask you about, but I'm going to start with what you said, highlighting the fact that 50 days saw 800,000 Arizonans left without access to the basic services that every constituent deserves. You called it an abuse of power.Congresswoman, is ...

Mission and Technology - Blue Origin successfully launched its New Glenn rocket, a crucial test for the company's ambition to challenge SpaceX [4] - The rocket reached Max-q, a critical point in the launch [5][6] - The first stage successfully landed on a barge, a significant milestone for reusability [9][24] - The mission included deploying spacecraft to study solar winds interacting with Mars [5] Market and Competition - New Glenn is key to clearing Blue Origin's $10 billion backlog of customer contracts [18] - Blue Origin aims to compete with SpaceX in the launch market [19][21] - Rocket Lab USA is also a competitor in the launch market, particularly for low earth orbit satellites [21][31] - The increasing competition in the space industry is creating more opportunities for everyone [33][34] Industry Trends and Future - The space program is evolving from government-led to more private industry involvement [35] - The industry is still in its early stages with much more potential to come [32] - NASA is pivoting in a new direction, and the new administrator's business acumen may lead to increased private sector collaboration [35][36][37]

Continue to see body rates on GS1. >> That looks great. We have our booster re-entry burn.>> All three engines. No matter what happens next, we have had a good day. This is further than we made it on NG1.>> That's right. >> The indication of engine ignition on GS1. Continue to see good data from GS1.About a minute and a half >> engine parameters look good >> is when we would see >> confirm engine cut off >> never tell me the odds return to earth. >> You see it kind of horizontal position. We've got the stra ...

10 9 8 7 6 5 4 3 2 1 Lift up. Detective first motion. You have to go to go.>> 30 seconds into flight. Engine operating. 40 seconds in.End of roll now level. seconds. >> A clean room.We're coming up here on max Q max. This is the hardest point on the vehicle when it comes to during good control. Good MR control.>> 1 minute 15 seconds in. Now passing Mach 1. New one is now supersonic. >> Supersonic.And we can hear the >> 1 minute 30 seconds. >> Engine operating parameters continue to look good at full thrust. ...