Concerns are growing that artificial intelligence could accelerate job losses as automation spreads across industries. This segment examines whether AI will ultimately displace workers or create new forms of employment by complementing human expertise. The discussion focuses on corporate decision‑making, productivity limits, and the challenge of ensuring new jobs are widely shared, as the U.S., China, and other economies race to adopt AI technologies. Simon Johnson, MIT Sloan Professor of Entrepreneurship and Nobel Laureate, joined Stephen on the sidelines of the UBS conference on Insight with Haslinda Amin to discuss the economic, social, and geopolitical implications of AI adoption.
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Gap Inc. CEO Richard Dickson says the retailer delivered progress in the quarter, even after lowering its sales outlook. He says three out of their four brands are growing and they’re raising the earnings outlook. Dickson speaks to Bloomberg’s Lisa Abramowicz.
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Bloomberg’s Nacha Cattan joins Katie Greifeld on “Bloomberg Real Yield.” New York City Mayor Zohran Mamdani said he’s forming a new Commission of Government Efficiency, or COGE, to improve the way City Hall spends public funds.
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This week, the UK’s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting costs. Plus, is Poland is one of the world’s fastest-growing economies, but it faces challenges to keep up its rapid rate of growth. Later, war in the Middle East and US tariffs are simultaneously tightening global aluminum supply and pushing prices sharply higher worldwide.
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Clariant expects the US government to provide clarity within weeks on how to reclaim overpaid tariff duties, the Swiss specialty chemical company said Thursday.
The US Supreme Court declared President Donald Trump’s sweeping global tariffs under economic emergency powers law illegal last week. Switzerland was temporarily hit with a 39% rate under those tariffs, later cut to 15%. Clariant paid 20 million Swiss francs ($26 million) in tariffs to the US last year.
“Several companies have already issued litigation. We’ve not yet done that but we’re looking at all options right now,” Chief Executive Officer Conrad Keijzer told Bloomberg TV.

Today’s guests:
Greg Peters, PGIM Fixed Income, Co-CIO; Conrad Keijzer, Clariant CEO; Beata Javorcik, European Bank for Reconstruction and Development, Chief Economist.

—

“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 with Francine Lacqua
00:00:25 – Investors tepid on upbeat Nvidia forecast
00:02:39 – Cuba says 4 boat passengers killed & six injured
00:04:29 – Greg Peters, PGIM Fixed Income Co-CIO
00:15:27 – Conrad Keijzer, Clariant CEO
00:23:36 – Thursday headlines
00:24:08 – German Chancellor Merz continues Chinese state visit
00:26:32 – Merz to visit Washinton
00:31:13 – Beata Javorcik, EBRD Chief Economist
00:38:44 – Modi, Israel deepens defense and trade ties
00:39:08 – Greer: Trump to hike tariffs to 15% “where appropriate”
00:39:55 – Zelenskiy, Trump discuss next steps for peace talks
00:40:21 – US, Iran to hold nuclear talks today
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