Big Tech’s Big Pledges, Trump’s UK State Visit, Fed Rate Decision Day

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Microsoft, OpenAI and other American companies announced plans to spend tens of billions of dollars on technology infrastructure in the UK, part of a series of business deals that coincide with President Donald Trump’s visit to the nation this week.  (2) British drugmaker GSK pledged to invest $30 billion in the US over the next five years, making the announcement as President Donald Trump arrives in the UK for a highly anticipated state visit.  (3) The euro hit its strongest level in four years as traders prepared for an interest-rate cut from the Federal Reserve this week that will cement its diverging trajectory from the European Central Bank. (4) TikTok’s US operations would be acquired by a consortium that includes Oracle, Andreessen Horowitz and private equity firm Silver Lake Management under a deal President Donald Trump is set to discuss with Chinese President Xi Jinping this week.  (5) Europe’s top business lobby in China urged Beijing to address price wars and unsustainable competition as the country readies its next five-year plan — adding to pressure from the US over the matter. (6) The cyberattack that’s brought Jaguar Land Rover Automotive Plc factories to a standstill is affecting suppliers, with some European parts makers forced to pause or scale back their own production. Podcast Conversation: CEOs Win Over Trump With a Trophy, Prizes and Bragging RightsSee omnystudio.com/listener for privacy information.

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