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Kongsberg Has 'Really Steep' Demand for Its Missiles, CEO Says

Kongsberg has seen a "positive movement forward" in European defense spending throughout last year, even though it's still not yet at the level needed, its CEO Eirik Lie tells Bloomberg TV. Lie spoke to Bloomberg TV's Francine Lacqua ahead of July's NATO summit in Ankara, Turkey, where European NATO states will be expected to prove they are progressing towards spending 5% of GDP on defense.

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Bloomberg

South Korea's Massive AI Investment Push

South Korea is launching a 1,350 trillion won ($880 billion) plan in corporate investments to build out critical AI infrastructure and cement its global dominance in the semiconductor market. President Lee Jae Myung called the sweeping mega-project a "national survival strategy" for the AI era. Bloomberg's Avril Hong breaks down the press conference, where President Lee was joined by the CEOs of tech giants Samsung and SK Hynix to outline the multi-year roadmap.

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Bloomberg

Prosus Focused on Growing Just Eat Globally, CEO Bloisi Says

Prosus CEO Fabricio Bloisi says its food takeaway firm Just Eat will start delivering growth in the next few months and has plans for global growth. Bloisi speaks on Bloomberg Television after Prosus announced that profit more than doubled last fiscal year, beating analysts' estimates helped by growth in the tech investment company's e-commerce businesses.

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Bloomberg

Roknifard: US-Iran Talks Only Substantial If Fights Stop

US & Iran have agreed to cease attacking each other as peace talks resume. The exchange of attacks began over the Strait of Hormuz after the IRGC struck a container ship, prompting Washington to hit Iran, and both sides blaming the other for breaching the ceasefire. Julia Roknifard, Senior Lecturer at the School of Law & Governance at Taylor's University, Malaysia spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the likely scenario ahead.

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