Caroline Hepker

The ECB president there speaking to Bloomberg's leaders with Lacroix last year.

Earlier this week, we reported that European governments may choose to fast-track finding a successor for Lagarde in order to avoid having to deal with a possible far-right French president after next year's elections.

Britain's Reform UK says that it plans to overhaul the Bank of England and the government's budget watchdog if it wins the next general election.

In a speech later today, newly appointed Treasury spokesman Robert Jenrig is expected to say that the Office for Budget Responsibility needs more diversity of opinion when making economic forecasts.

The Bank of England is also criticised for having green targets in addition to its focus on inflation.

Here is Reform's business spokesman Richard Tice.

Reforms Richard Tice there.

In an interview with Bloomberg in January, reforms leader Nigel Farage had vowed to, quote, challenge every single tenet of UK economic policy.

That's news when you want it with Bloomberg News Now.

I'm Caroline Hepker.

And I'm Caroline Hepker.

Now, Japan is planning to invest up to $36 billion in oil, gas and critical mineral projects in the US.

It marks the first tranche of investments worth more than $500 billion in all as part of the trade deal that was struck between the two countries.

In a social media post, President Trump hailed the scale of the projects, which include a large natural gas plant in Ohio and a crude export facility in the Gulf of Mexico.

Japan's Prime Minister Sanae Takeuchi said the initiatives are aimed at building resilient supply chains and economic security.

It comes weeks before Takeuchi is set to meet with Trump in Washington.

Anthropic is releasing a new AI model designed to be better at getting your computer to do complex tasks on your behalf.

The new update to the company's clawed chatbot comes as AI fears continue to unsettle global markets.

Some private software companies like McAfee have released their earnings ahead of time in a bid to try to reassure investors that they are resilient to disruption from this new technology.

Although the firm's declined to comment...