Funding & Business
Chinese Carmakers May Keep Price Advantage Despite Mexico Levies
Mexico’s plan to levy tariffs of up to 50% on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower production costs mean their cars are still competitive.
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Apex, a spacecraft manufacturer of mass-produced satellite bus platforms, has just raised a $200 million Series D funding round that brings the company’s valuation over $1 billion dollars. Apex CEO and co-founder Ian Cinnamon joins Caroline Hyde to discuss his outlook for the industry on “Bloomberg Tech.” (Source: Bloomberg)
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Lowering borrowing costs further could endanger the European Central Bank’s aim of stabilizing inflation at 2% over the medium term, Governing Council member Joachim Nagel said.
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Accenture CEO Julie Sweet expects long-term growth to be driven by artificial intelligence. Speaking with Caroline Hyde on “Bloomberg Tech,” Sweet says the company is now training more than 700,000 staffers in agentic AI. Accenture CEO Sees AI as a Long-Term Growth Driver (Source: Bloomberg)
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