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Bloomberg

APEC Is Important Part of Trade Agenda, US Diplomat Says

The US State Department's point man for APEC says the group of 21 countries is an important customer for American goods and services - including energy. Bloomberg's Chief North Asia Correspondent Stephen Engle spoke with Casey Mace, the US senior official to APEC, on the sidelines of the APEC trade ministers meeting in China.

Read more: APEC Is Important Part of Trade Agenda, US Diplomat Says
Bloomberg

NYSE's Martin Questions Some Rules Used to Attract SpaceX to Nasdaq

NYSE President Lynn Martin says some of the rules used to attract SpaceX to go public on the Nasdaq are "questionable." She says "market integrity" is not a "competitive dynamic." Martin says it's been a good year for IPOs across all industries and they're working to bring more companies public. She speaks on "Bloomberg Surveillance."

Read more: NYSE's Martin Questions Some Rules Used to Attract SpaceX to Nasdaq
Bloomberg

Inditex Celebrates 25th Anniversary of IPO

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.

Read more: Inditex Celebrates 25th Anniversary of IPO
Bloomberg

Randstad CEO on AI & Future of Work

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.

Read more: Randstad CEO on AI & Future of Work
Bloomberg

IMF Financial Counsellor on Global Economy, Cybersecurity

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.

Read more: IMF Financial Counsellor on Global Economy, Cybersecurity
Bloomberg

Estee Lauder-Puig Talks Collapse

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.

Read more: Estee Lauder-Puig Talks Collapse