Macron's Plea, South Korea Chaos & London's Shrinking Stock Market
Description
Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) President Emmanuel Macron called on French lawmakers to set aside their personal ambition and reject a vote that would topple the government and throw the country into political turmoil.
(2) South Korea’s currency recovered while its stocks fell Wednesday, as investors braced for prolonged political uncertainties following a brief decree of martial law by President Yoon Suk Yeol.
(3) Revolut boss Nik Storonsky would still prefer to float his fintech company in the US, saying that markets in the UK can’t compare.
(4) Takeovers of London-listed companies are shrinking the UK stock market at the fastest pace in more than a decade.
(5) Meta is seeking as much as 4 gigawatts of new nuclear energy as the company looks for a reliable electricity source for its data centers. About 45 companies have delisted from the London market this year due to mergers and acquisitions, up 10% from the tally for all of last year, according to data compiled by Bloomberg.
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