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
_____________
"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
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Author: Bloomberg Television
Go to Source
News post in May 6, 2025, 12:07 pm.
Visit Our Sponsor’s:
News Post In – News
