US Blockade Is Painful for Iran, Sanders Says
Col. Wayne Sanders (Ret.), of Bloomberg Intelligence, says the US blockade of Iran is causing some pain and does give President Donald Trump some leverage. He speaks on "Bloomberg Surveillance."

Col. Wayne Sanders (Ret.), of Bloomberg Intelligence, says the US blockade of Iran is causing some pain and does give President Donald Trump some leverage. He speaks on "Bloomberg Surveillance."
Kevin Warsh is set to be sworn into office as the 17th chair of the Federal Reserve, taking over at a tense moment for the economy and the central bank. Krishna Guha, Evercore ISI vice chair and head of central bank strategy, talks about how Warsh will manage monetary policy.
Customers are increasingly demanding 'experiential' retail interactions when it comes to buying clothes, whether that be online or in-store says Óscar García Maceiras, CEO of retail conglomerate and Zara owner Inditex. In an exclusive interview, he discussed 25 years of Inditex being a publicly traded company, the value of being a family-owned company, the use of AI in retail, and the importance of diversification both geographically and across product lines. He spoke on "The Pulse with Francine Lacqua" on Bloomberg TV.
Investec has applied for Ireland banking license as it seeks to boost its presence in Europe, and tap one of the world's largest financial systems. Group CEO Fani Titi spoke to Bloomberg's Jennifer Zabasajja from London.
Sander van 't Noordende, CEO of recruitment giant Randstad, says their base case is that 7-8% of jobs will be replaced by artificial intelligence over the next 5 to 10 years. However, Van 't Noordende says he does not see the "doomsday scenario" that some predict. In an interview on "The Pulse with Francine Lacqua" on May 21, van 't Noordende said AI will be a "wave" over the next decade, but also presents many opportunities, enabling many workers to be more productive, and requires massive infrastructure.
BlackRock Chief Investment Strategist Wei Li says artificial intelligence is driving a lot of the major earnings upgrades in equity markets. "We can look at AI lifting the whole market, but identifying where the bottlenecks are is a good active play," Li tells Bloomberg Television.
Tobias Adrian, the International Monetary Fund's Financial Counsellor and Monetary and Capital Markets Director, discusses the response by global economies to the supply shocks created by the Iran war as well as efforts to achieve a coordinated response to cyberattacks, as AI accelerates the threat. Adrian joined Lizzy Burden on Bloomberg Daybreak Europe.
The Saudi wealth fund is looking to combine its ports, rail and shipping holdings into a logistics giant. Bloomberg's Omar El Chmouri reports.
The proposed multibillion-dollar tie-up between Puig and Estee Lauder fell apart due to makeup artist Charlotte Tilbury's demands regarding her compensation in the deal, according to people familiar with the matter. The news caught investors by surprise given discussions between the two had been progressing since March. Bloomberg Opinion's Andrea Felsted has more. Her opinions are her own.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."