Bloomberg News and Videos — Page 251

Keir Starmer is close to having been in office for two years, but his term has not been going to plan. The UK Prime Minister has seen sluggish economic growth, a collapse in popularity, and bond yields hitting highs not seen in decades. Now, many inside his own party wonder if a different leader and direction might be needed. Voters go to the polls tomorrow in Makerfield to vote on if one likely contender Andy Burnham, will make it to parliament. John Caudwell is a the billionaire investor and founder of Phones4u. He was a lifelong Conservative supporter who switched to Labour in 2024. Joined Stephen Carroll and Lizzy Burden to shares his views on the outlook for the UK.

Jeff Bezos, the founder of Amazon.com Inc. and rocket company Blue Origin, says the explosion of its New Glenn rocket "was a rough moment," adding it was "a gut punch" for the whole team involved. The rocket exploded in Florida in May. (Source: VivaTech 2026)

Ian Lyngen, head of US rates strategy at BMO Capital Markets, discusses what to expect from the Federal Reserve's first policy decision under Chair Kevin Warsh. "The energy shock remains extremely topical for monetary policymakers and will probably ultimately drive the tone of what we hear from Warsh," he tells Bloomberg Television.

Japanese Defense Minister Shinjiro Koizumi spoke with Bloomberg News' Alastair Gale in Tokyo about security in the Asia Pacific region.

European Investment Bank President Nadia Calviño discusses the lender's investment in security defense, tech and energy projects in an interview with Bloomberg TV's Guy Johnson. She said the UK's exit from the European Union is partly responsible for the EU's failure to integrate its capital markets. "We shouldn't underestimate the importance of Brexit," Calviño said on Wednesday. "London was Europe's financial market, and after Brexit we have divided our forces."

The US and Iran plan to formally sign a memorandum of understanding on Friday in Switzerland. The interim deal would allow Iran to start oil exports immediately and gain access to a $300 billion economic development program following negotiations for a permanent peace agreement. Tyler Kendall reports on Bloomberg Television.

BMW said its profit margin will fall to as little as 1% this year as weakening Chinese demand and fallout from the Middle East conflict take a growing toll. The German automaker plans additional cost savings beyond those already announced. Danny Lee reports on Bloomberg Television.

Artificial Intelligence industry leaders including OpenAI's Sam Altman and Anthropic's Dario Amodei are set to attend the Group of Seven Summit in France on Wednesday. Oliver Crook reports from Evian.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Sarvam AI has become India's latest AI unicorn after raising $234M from investors including HCL Tech, Bessemer, and Khosla Ventures. Co-founder, Pratyush Kumar, joined Paul Allen on Insight with Haslinda Amin t