Samsung earned a nearly nine-fold rise in quarterly operating profit, and TSMC’s sales jumped 51%, reflecting the spoils of relentless spending on AI infrastructure.

The Iran-backed Houthis struck two airports in Saudi Arabia, killing three people and injuring dozens as the militant group intensifies its attacks on the kingdom while fighting Saudi-backed forces in Yemen.

Bloomberg has learned China managed to get a hold of parts from an F-35 stealth fighter jet after a UPS employee missed an email warning not to route the shipment through Hong Kong.

Today’s guests: Tom Becker, BlackRock Senior Portfolio Manager; Michele Della Vigna, Goldman Sachs EMEA Head of Natural Resources Research; Jean-François Rial, Voyageurs du Monde CEO; Mike Greenley, MDA Space CEO
—
“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
00:00:28 – ‘Missed email led to China getting F-35 parts
00:03:20 – EU striking harder line on China’s trade gap
00:05:05 – Samsung posts 3Q profit record, misses estimates
00:07:01 – Tom Becker, BlackRock Senior Portfolio Manager
00:13:11 – Oil, gas climb on reports on US strike plan against Iran
00:16:32 – Michele Della Vigna, Goldman Sachs EMEA Head of Natural Resources Research
00:23:43 – Thursday
00:24:13 – EU striking harder line on China’s trade gap
00:28:26 – Global trad faces sternest test
00:30:54 – Jean-François Rial, Voyageurs du Monde CEO
00:39:22 – Russia plague-lab worker’s death spurs WHO transparency push
00:41:59 – Mike Greenley, MDA Space CEO
——–
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America’s college-age population is shrinking, putting pressure on universities with high fixed costs and fewer students to fill their campuses. Schools like Bowling Green State are responding by adding career-focused programs and trying to stand out in a crowded market, while institutions that fail to adapt are facing cuts, closures and economic fallout for the towns that depend on them.
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Charlamagne Tha God joins Bloomberg’s Romaine Bostick to talk about the world of podcasting, the “Breakfast Club” partnership on Netflix, midterm elections and much more.
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Ian Bremmer, President and Founder of Eurasia Group, says Republicans will lose control of the US House of Representatives and could also lose the Senate in November’s US midterm elections. Bremmer discusses the political risks facing President Donald Trump and the Republican Party as polls show dissatisfaction with Trump’s handling of the economy and the Iran war, amid rising fuel prices and low approval ratings. Bremmer spoke to Bloomberg TV’s Francine Lacqua on “The Pulse.”
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Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint approach prewar levels. Bloomberg’s Stuart Livingstone-Wallace breaks down the latest developments.
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