The ECB is in a pickle

The ECB is in a pickle

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Elon Musk’s $3.6tn gamble to merge SpaceX and Tesla

Meta plans to create a new class of non-voting shares, Mathias Döpfner, chief executive and co-owner of Germany’s Axel Springer, has sought to acquire a stake in TikTok’s European operations, and US envoy Steve Witkoff discussed resuming peace talks between Russia, the US and Ukr ...  Show more

Israel pushes to restart strikes against Iran

The leaders of Ukraine, Finland and Norway hailed progress in talks in Oslo on Tuesday, SpaceX and Tesla are studying a merger, and Israeli Prime Minister Benjamin Netanyahu is pushing to restart large-scale strikes on Iran. Plus, UK gilts are catching back up with their peers af ...  Show more

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UPDATE: UK Growth Surprise & UBS Exits Backstop Deal
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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The UK economy delivers its strongest quarterly growth in more than a year.

(2) UBS ends its $10bn Credit Suisse loss protection agreement with the Swiss government.< ...

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On today's podcast: (1) The EU's Ursula von der Leyen tells Bloomberg China's massive EV subsidies need to be investigated. (2) Rishi Sunak considers pushing back the 2030 ban on new petrol and diesel cars. (3) The CBI calls off its AGM at the last minute, amid 'cash-flow challen ...  Show more

Wall Street CEOs Anger, Sunak Loses Minister & Egypt's Growing Leverage
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Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ...  Show more