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Economy 'Can Manage' Oil at $90, Plurimi Says

Plurimi Wealth CIO Patrick Armstrong discusses market moves as oil prices dropped after the US paused almost two weeks of daily strikes against Iran. "Even if we do get a relatively open Strait of Hormuz, it is going to be a restocking phase that'll support oil prices," Armstrong tells Bloomberg Television. He adds that oil around $90 a barrel is "a headwind for growth but not terribly so," but should prices go higher, it puts central banks in a "very difficult position."

Read more: Economy 'Can Manage' Oil at $90, Plurimi Says
Bloomberg

AstraZeneca on Track for Reaching $80 Bln Sales Target, CFO Says

AstraZeneca Chief Financial Officer Aradhana Sarin says the company is "very much on track" to reach its $80 billion sales target by 2030. "From a pharma standpoint, we are probably one of the most diversified from a product and pipeline, as well as probably the most diversified geographically," Sarin says. She speaks on Bloomberg Television as the company reported higher-than-expected profit, buoyed by blockbuster cancer medicines.

Read more: AstraZeneca on Track for Reaching $80 Bln Sales Target, CFO Says
Bloomberg

Charife: UAE & Saudi Arabia Race to Upskill for AI

AI is changing the game for regional consulting amid geopolitical uncertainty and rising competition between major economies. Tamer Charife, Technology and Transformation Growth Leader at Deloitte Middle East spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the data center investments & AI push in the region.

Read more: Charife: UAE & Saudi Arabia Race to Upskill for AI
Bloomberg

India's Modi Dealt Setback With Resignation of Education Minister

Brown University Professor of Practice, Yamini Aiyar, argues that the Indian Education Minister's resignation might not be enough to calm youth anger. Aiyar says the protests exposed a deeper crisis facing India's youth. She spoke with Paul Allen on Bloomberg's Insight with Haslinda Amin.

Read more: India's Modi Dealt Setback With Resignation of Education Minister
Bloomberg

China Chipmaker CXMT's Growth Tops Expectations: Analyst

MS Hwang, Research Director at Counterpoint, says CXMT has been growing "much better than expected" despite lagging technological capabilities compared with its global peers. He discussed this on "Bloomberg: The China Show" after the Chinese memory chipmaker opened more than 470 percent higher in its Shanghai IPO.

Read more: China Chipmaker CXMT's Growth Tops Expectations: Analyst

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