EU Commission President Ursula von der Leyen proposed a sweeping financial and industrial portfolio for France in her next European Commission, after a dramatic last-minute switch in nominees. Teresa Ribera, Spain’s climate minister, was tapped to oversee the digital and energy transitions, including the antitrust portfolio, while Italy’s European affairs minister, Raffaele Fitto, is tasked with overseeing cohesion policy and regional development. In geopolitics, Iraq’s prime minister told Bloomberg US troops are no longer needed in his country because they have largely succeeded in vanquishing ISIS, and he plans to announce a timetable for their withdrawal soon.
Today’s guests: Eva Sun-Wai, M&G Investment Mgmt.; Sonja Marten, DZ Bank
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:47 – Eva Sun-Wai, M&G Investment Mgmt.
00:11:02 – Intel to make AI chips for Amazon
00:12:10 – Microsoft announces $60 billion buyback
00:17:24 – Von der Leyen.: New EU Commission won’t have Vice Presidents
00:18:34 – EU Commission President unveils slate of new Commissioners
00:27:11 – Key roles in VDL’s new cabinet annnounced
00:30:51 – Sonja Marten, DZ Bank
00:36:27 – EXCLUSIVE: Al-Sudani: Iraq in 2024 is not the same as in 2014
00:42:08 – Unicredit plans to seek ECB nod to own up to 30% of Commerzbank
——–
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