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Commerzbank CEO Says UniCredit Takeover Bid Was a 'Surprise'

Commerzbank Chief Executive Officer Bettina Orlopp speaks on Bloomberg Television following Monday's 35 billion ($40 billion) bid from UniCredit. Orlopp tells Bloomberg's Anna Edwards UniCredit's offer was a "surprise" and it is a "very low price." She adds Commerzbank will focus on its own strategy as it is currently thinking about accelerating profitability.

Read more: Commerzbank CEO Says UniCredit Takeover Bid Was a 'Surprise'
Bloomberg

Soltvedt: Iran's Actions to Maximize Economic Disruption

US President Donald Trump has reiterated his appeals for other nations to help secure the Strait of Hormuz, saying Iran was nearly obliterated even as the war continues to roil oil markets and global shipping. Torbjorn Soltvedt, Principal Middle East analyst at Verisk Maplecroft spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the war & its impact on the Middle East.

Read more: Soltvedt: Iran's Actions to Maximize Economic Disruption
Bloomberg

China's AI Boom Risks Job Losses, Regulatory Concerns

China's rapid AI expansion is drastically reducing production costs, but this growth is triggering intellectual property disputes and concerns about the labor market. Bloomberg's Minmin Low reports on how Beijing is facing a difficult balancing act: maintaining its global tech edge while preventing possible social unrest caused by mass automation.

Read more: China's AI Boom Risks Job Losses, Regulatory Concerns