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02.06.2025 12:27
02.06.2025 12:49
US-Europe Travel Recovering, British Airways Owner Says IAG SA Chief Executive Officer Luis Gallego says the weaker demand for transatlantic routes has shown signs of easing over the past three weeks. According to Gallego, IAG noticed “several weeks” of demand softness in its economy cabins from the US, though the situation is now recovering. IAG owns airlines such as British Airways, Spain’s Iberia and Ireland’s Aer Lingus. Gallego speaks to Bloomberg’s Guy Johnson on the sidelines of the International Air Transport Association (IATA) annual meeting

02.06.2025 13:00
Odd Lots: Why It’s Hard for Apple to Move Out of China (Podcast) President Trump wants Apple to make iPhones in America. The company itself has talked about — and to some extent already has been — moving more of its production to other countries, like India. But in reality, Apple remains deeply, deeply enmeshed in the Chinese supply chain. In fact, the rise of Apple, and the iPhone specifically, is the ultimate example of the link between the American and Chinese economies. And while this has been fruitful for shareholders all around the world, and contribute

02.06.2025 13:01
Markets Are Increasingly Discounting Tariff News: Nuveen Laura Cooper, Nuveen global investment strategist and head of macro credit, says this week’s nonfarm payrolls report is key for assessing the impact of President Donald Trump’s trade policies on the US economy. Markets are “increasingly discounting” the tariff news, Cooper tells Bloomberg Television. “We’re more focused on the extent of economic damage that is potentially going to come through in US data,” she adds.