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UK Party Leaders Clash, India Election Fallout & King Charles Banknotes | Bloomberg Daybreak:...
Posted
June 5, 2024
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June 5, 2024
255
5
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16:53Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) Rishi Sunak reached for a tried-and-tested Conservative weapon in his first UK election campaign debate with Keir Starmer, repeatedly warning that the Labour leader would raise taxes. But their heated prime-time TV clash showed up the prime minister’s own weaknesses as much as his opponent’s.
(2) Indian Prime Minister Narendra Modi is gearing up for coalition talks after his party lost its majority in parliament, forcing him to rely on allies to form a government for the first time since he stormed to power a decade ago.
(3) US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market.
(4) Intel agreed to sell a stake in a venture that controls a plant in Ireland to Apollo Global Management Inc. for $11 billion, helping bring in more external funding for a massive expansion of its factory network.
(5) UK banknotes featuring the portrait of King Charles III will enter circulation Wednesday, though they’re likely to be rare for some time in everyday cash transactions.
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