France Govt Set To Fall, Japan PM To Quit, HSBC CEO Headwinds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:

(1) Prime Minister Francois Bayrou’s government will likely fall Monday, a victim of his push to chip away at France’s massive debt load.

(2) Japanese Prime Minister Shigeru Ishiba said he’ll step down following weeks of calls for his departure in the aftermath of a second national election setback, setting in motion a leadership race that threatens to unnerve investors.

(3) The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less than two weeks after President Lee Jae Myung’s White House meeting with Donald Trump where Korean companies pledged to invest hundreds of billions in the US.

(4) OPEC+ is signaling it has the confidence to push a bold oil market strategy a little bit further.

(5) Wages for new hires in the UK rose at their weakest pace in over four years, a sign that a cooling labor market is weighing on inflationary pressures, according to a survey monitored by the Bank of England.

(6) Walkouts by London Underground staff have begun, forcing several main lines on the network to completely or partially shut down on Sunday ahead of the start of the work week.

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