Apple Unveils iPhone 16 But AI Not Quite Ready | Horizons Middle East & Africa 09/10/2024

US consumer inflation expectations have stabilized ahead of the Fed's highly-anticipated rate decision next week. Also on the show: US House passed a bill blacklisting Chinese biotech firms; Apple has introduced the latest versions of its flagship iPhone; former ECB President Mario Draghi is calling on the European Union to invest as much as €800 billion more a year to transform the economy; HSBC is considering combining its commercial and investment banking units as it looks to eliminate overlapping roles and cut costs; oil is holding onto a one-day gain as a risk-on tone returns to wider financial markets; a Kenyan court has suspended a government plan to allow Indian billionaire Gautam Adani's company to operate and invest in the main airport; EU's top court will deliver two final binding rulings involving Apple and Google. Guests include: Frederique Carrier, RBC Wealth Management, Head of Investment Strategy; Amol Shitole, Mashreq Capital, Head of Fixed Income. 00:00 Introduction 04:24 Frederique Carrier, RBC Wealth Management, Head of Investment Strategy 11:41 US house passes bill targeting China biotech 16:17 Apple unveils iPhone16, not-quite-ready AI 20:36 Draghi calls on EU to invest €800B a year 25:51 HSBC mulls merging units to cut costs 30:17 Amol Shitole, Mashreq Capital, Head of Fixed Income 37:00 Kenyan court grounds Adani's airport deal 40:11 EU to deliver final Apple and Google ruling Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts