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Bloomberg

Ifo Says Germany's Economic Recovery 'Will Take Time'

Ifo President Clemens Fuest discusses the institute's latest survey results which indicated a modest rise in German business confidence for June, easing worries about the knock-on effects of the Iran war on Europe's largest economy. "There's this combination of structural factors and macroeconomic shocks hitting the German economy, meaning it will take time to recover," Fuest tells Bloomberg Television.

Leia mais: Ifo Says Germany's Economic Recovery 'Will Take Time'
Bloomberg

UBS' Fowler Sees Value in US Cyclicals, Pharmaceuticals

UBS Chief European Equity Strategist and Head of Derivates Gerry Fowler discusses the factors behind the tech selloff and where he sees value in markets. "You're going to get volatility this isn't the first time we've seen this," Fowler tells Bloomberg Television. "It's an artifice of market structure that I suspect is not going away."

Leia mais: UBS' Fowler Sees Value in US Cyclicals, Pharmaceuticals
Bloomberg

CATL's Jun on Sodium-Ion Batteries and AI Technology

CATL says it is focusing on deploying sodium-ion batteries this year to meet demand for AI-related energy storage. CATL Chief Manufacturing Officer Ni Jun discusses the battery maker's outlook, as well as the prospect of harnessing computing power from idle electric vehicles. He speaks on the sidelines of the World Economic Forum in Dalian.

Leia mais: CATL's Jun on Sodium-Ion Batteries and AI Technology
Bloomberg

SpaceX Sells $25 Billion of Bonds, Cuts Interest Costs

SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk's acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain. Bloomberg's Manuel Baigorri reports.

Leia mais: SpaceX Sells $25 Billion of Bonds, Cuts Interest Costs