Germany is seeking to transform its military with a record €52 billion defense spending package. That will cover 29 military procurement contracts, including €4.2 billion for Puma infantry fighting vehicles and €3 billion for Arrow 3 air-defense interceptor missiles and launchers. This as Ukraine’s President told Bloomberg there’s still no agreement on a US-brokered peace plan to end the war.
Nvidia has won approval from President Trump to sell its H200 chips to China in exchange for a 25% surcharge. It could reopen a key market for the world’s most valuable company. But there’s been backlash from Democratic senators who say US national security is being put at risk.
Plus Paramount Skydance launches a hostile bid for Warner Bros Discovery, just days after the studio agreed a deal with Netflix. President Trump’s son-in-law Jared Kushner has emerged as an interested party, with his Affinity Partners participating in the Paramount bid.
Today’s guests: Alexandra Wilson-Elizondo, Goldman Sachs Asset Management, Co-CIO for Multi-Asset Solutions; Modupe Adegbembo, Jefferies, Economist; Anthony Fobel, Arcmont Asset Management, CEO; Maximilian Kunkel, UBS Global Wealth Management, CIO for Global Family and Institutional Wealth
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"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
00:00:25 – Germany to approve record €52B in defense
00:02:33 – Europe nears deal on frozen Russian assets
00:03:53 – Nvidia wins approval for H200 sales to China
00:06:32 – Alexandra Wilson-Elizondo, Goldman Sachs Asset Management
00:15:21 – Modupe Adegbembo, Jefferies Economist
00:23:37 – Tuesday headlines
00:24:31 – Anthony Fobel, Arcmont Asset Management CEO
00:30:29 – Paramount makes hostile bid for Warner Bros.
00:34:04 – Tuesday top stories
00:36:47 – The billionaire class continues to expand
00:37:09 – Maximilian Kunkel, UBS Global Wealth Management
00:44:36 – Porsche’s cahs needs collide with VW’s woes
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More on Bloomberg Television and Markets
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