Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06

Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06

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For your information, you can find below the description of the video Germany's Merz Suffers Shock Setback, OpenAI Reform Proposal | Bloomberg The Pulse 05/06 published by the Youtube channel Bloomberg Television:

Friedrich Merz suffered a shock setback when he fell short of a majority in an initial vote in the lower house of parliament to confirm him as Germany’s next chancellor, preventing his swearing in on Tuesday and pitching Europe’s biggest economy into uncharted territory. It was the first time since World War II that an incoming chancellor failed to get parliamentary backing in the first round of voting in the Bundestag and triggered chaos in Berlin’s government quarter. In tech news, OpenAI is backtracking on plans to become a more conventional for-profit company after facing mounting pressure from former employees, academics and rivals, including billionaire Elon Musk. 

Today's guests: Karim Chedid, BlackRock EMEA Investment Strategy Head, Helen Giza, Fresenius Medical Care CEO, Abigail Watt, UBS US Economist
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 - The Pulse with Francine Lacqua
00:03:58 - Carney, Trump Prepare to Talk Trade and Security at White House
00:05:16 - Dollar Snaps Two-Day Decline, Stock Futures Dip
00:10:21 - Germany in Political Chaos After Merz Loses Chancellor Vote
00:11:31 - Karim Chedid, BlackRock EMEA Investment Strategy Head
00:15:34 - Merz Loses Initial Vote to Be German Chancellor in Shock Setback
00:18:37 - Fresenius Medical Care Beats on Cost Cuts, Patient Referrals
00:19:52 - Helen Giza, Fresenius Medical Care CEO
00:26:19 - Merz Falls Short of Majority
00:29:46 - OpenAI Walks Back For-Profit Plan, Nonprofit to Keep Control
00:31:27 - Musk’s Lawyer Says OpenAI Reform Proposal ‘Changes Nothing’
00:38:37 - Abigail Watt, UBS US Economist
00:43:11 - UK Non-Dom Change Risks Costing More Than It Raises, Study Warns
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