Heineken took an $949 million impairment for the decline in valuation of its stake in the largest brewer in China, as consumer spending is under pressure in that key market and in the US and Europe. Shares fell as much as 7.4% early Monday in Amsterdam. In geopolitics, Israel attacked Hezbollah targets on Sunday and threatened further retaliation for a rocket strike that killed 12 youngsters and wounded 44 others on Saturday, while signaling openness to a proposed Gaza truce that could also calm the second and more combustible front with Lebanon.
Today’s guests: Katharine Neiss, PGIM; Antony Jenkins, 10x Future Technologies & Former Barclays CEO
00:00 The Pulse with Francine Lacqua
02:05 Katharine Neiss, PGIM
12:06 Israel Hits Hezbollah for Golan Attack But Eyes Gaza Truce
15:35 Heineken Sinks on Taking $949 Million China Hit Amid Cautious Outlook
19:50 Headlines
21:11 EXCLUSIVE: Antony Jenkins, 10x Future Technologies Chairman/Founder & Former Barclays CEO
30:53 US Election: Kamala Harris Raises $200 Million in First Week to Build War Chest
33:47 Bitcoin Hits Six-Week High in Wake of Trump’s Pro-Crypto Speech
37:10 Meloni Vows to Renew China Ties After Snubbing Xi’s Project
39:43 French Regional Fiber Networks ‘Sabotaged’: Reports
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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.
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