Canada Mass School Shooting, Kimbal Musk Linked to Epstein, More

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Unknown 0:00
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
Stephen Carroll 0:28
News when you want it with Bloomberg News Now. I'm Stephen Carroll.
Caroline Hepker 0:32
And I'm Caroline Hepker.
Stephen Carroll 0:34
A shooting at a school in the Canadian province of British Columbia has left eight people dead, including a woman who police believe to be the shooter. Authorities say two more people were found dead at a nearby home. British Columbia Premier David Eby told reporters that police officers reached the school within two minutes. He spoke at a press conference after the shooting.
David Eby 0:54
It's hard to know what to say on a night like tonight. This is the kind of thing that feels like it happens in other places and not close to home in a way that this feels for so many British Columbians and Canadians.
Stephen Carroll 1:06
David Eby was speaking as police say they are not yet releasing the identity of the suspected attacker. In a statement on social media, Canadian Prime Minister Mark Carney said he was devastated by the mass shooting, which is Canada's deadliest since 2020. Carney's office said he's suspending a planned trip to Germany for the Munich Security Conference.
Caroline Hepker 1:25
The European Council president has told Bloomberg that the EU must review its powerful competition rules to boost the bloc's economy. Antonio Costa was speaking ahead of a gathering of EU leaders this week, which will focus on improving competitiveness as the region faces challenges from the United States and China.
Unknown 1:45
We need to look at our competition rules because it's clear that we need to, at the same time, protect our consumers, to ensure a vibrant competition in our single market, but at the same time, allow companies to scale up, to be competitive in the global market.
Caroline Hepker 2:04
The European Council president was speaking after the German and Italian governments warned Europe must act now on reforming its single market. In a paper circulated ahead of tomorrow's leaders' meeting, they called, among other things, for the EU to loosen merger rules, allowing European companies to scale up and rival America's tech giants.
Stephen Carroll 2:25
The European Parliament is moving closer to approving the EU's trade deal with the United States. Senior lawmakers have agreed to back the deal ahead of a vote, but they've added a sunset clause to the pact which would see it expire in March 2028 in an effort to force the US to lower its 50% tariff on steel and aluminium products. Months have passed since both sides agreed to dial down trade tensions, compromising on a 15% tariff on EU goods entering the United States. The deal has faced a rocky path to approval in the European Parliament. A vote is expected on the 24th of February.
Caroline Hepker 2:58
Emails released by the US Justice Department show Elon Musk's brother, Kimball Musk, was connected with at least two women through Jeffrey Epstein several years after the disgraced financier pleaded guilty to sex crimes. The emails show that the director at Tesla and Epstein discussed party plans, relationships and a possible visit to Epstein's island. Kimball Musk released a statement saying that his only meeting with Epstein was in his New York office during the day and that he never went to his island.
Stephen Carroll 3:30
U.S. Commerce Secretary Howard Lutnick has also come under fire for his appearance in the files. Lutnick said he did visit Epstein's private island in 2012 after Epstein was convicted as a sex offender. Here is an exchange between Lutnick and Maryland Senator Chris Van Hollen.
Chris Van Hollen 3:45
Did you in fact make the visit to Jeffrey Epstein's private island?

What happened in the recent mass school shooting in Canada?

Howard Lutnick 3:51
I did have lunch with him as I was on a boat going across on a family vacation. My wife was with me, as were my four children and nannies. I had another couple with, they were there as well with their children. And we had lunch on the island.
Stephen Carroll 4:11
Lutnick is facing calls to resign over the relationship with Epstein since the files show his ties to the disgraced financier were more extensive than he previously revealed.

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