A Midtown Manhattan building under construction is unstable and a collapse warning has been issued. City officials say two columns on the 21st floor buckled and bricks were reported falling to the streets below. No one has been hurt. The building is at 235 East 42nd Street. New York City Mayor Zohran Mamdani said at a news conference that other buildings and a school have been evacuated while the site is secured.
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SK Hynix Inc.’s $29 billion US stock-market listing may help the company compete in the global stock market for memory chips used in AI computing. Bloomberg’s Sangmi Cha breaks down the strategy.
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The NSE is finally going public. India’s largest exchange could pull off the country’s biggest IPO ever, giving a much-needed boost to a cooling market and paving the way for other mega listings, including Reliance Jio.

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US President Donald Trump said his tentative ceasefire with Iran is done, raising the prospect of a renewed military conflict between the two countries.

Stocks fell and oil has jumped on Trump’s comments. Brent futures added more than 5% in London, while West Texas Intermediate also leaped higher.

Meanwhile Trump also once again called for an end to trade with Spain, citing its lack of support for the war in Iran and what he described as its failure to meet NATO commitments.

Today’s guests: Mike Bell, RBC BlueBay Market Strategy Head; Ionela Ciolan, Wilfried Martens Centre for European Studies Research Officer

—
“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.

Chapters:
00:00:00 – The Pulse
00:01:06 – US strikes Iran with Trump at NATO summit
00:04:52 – Trump: Iran shot rockets at ships
00:06:55 – Trump: Not happy with NATO regarding Greenland
00:13:55 – Trump: China is trying to take over the Panama Canal
00:14:49 – Trump: Deal with Iran is over I think
00:20:25 – Trump says Iran ceasefire is over
00:27:22 – Mike Bell, RBC BlueBay Market Strategy Head
00:37:44 – Trump: Deal with Iran is over I think
00:38:25 – Oil extends gains after Trump says ceasefire with Iran is over
00:43:43 – Ionela Ciolan, Wilfried Martens Centre for European Studies Research Officer
00:49:54 – Trump says Iran ceasefire is over
——–
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US President Donald Trump says the US will probably hit Iran “again tonight.” Trump speaks at the NATO Summit in Ankara.
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