June 11, 2024
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16:16Now PlayingYour morning briefing, the business news you need in just 15 minutes.On today's podcast:
(1) Rishi Sunak faced last-minute calls by cabinet ministers to add new tax cuts and a tougher migration policy to the Conservative manifesto after early drafts provoked disquiet over the lack of big-ticket pledges that might prevent a heavy defeat in the UK general election.
(2) Far-right leader Marine Le Pen’s National Rally is seen garnering 34% of voter intentions in the first round of upcoming French legislative elections, compared with 19% for President Emmanuel Macron’s ruling party, according to a poll.
(3) Bill Gross is finding opportunities in Europe after surprising election results in the region rattled markets and sent French bond yields to their highest mark this year.
(4) The European Central Bank must stay cautious, and last week’s cut in borrowing costs won’t necessarily be followed by further rapid moves, according to President Christine Lagarde.
(5) Apple took the wraps off long-awaited new artificial intelligence features, including a partnership with ChatGPT maker OpenAI, betting that a personalized and understated approach to the technology will win over customers.
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