Iran's President and Foreign Minister Killed In Helicopter Crash
Bloomberg Daybreak: Europe Edition20 Maj 2024

Iran's President and Foreign Minister Killed In Helicopter Crash

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Iranian President Ebrahim Raisi has been killed in a helicopter crash in a mountainous area of the country. Rescuers on Monday found the helicopter that had been carrying the president and other officials including Foreign Minister Hossein Amirabdollahian, who also died, the semi-official Mehr news agency reported.

(2) The death of Iranian President Ebrahim Raisi in a helicopter crash raises the immediate question of who will succeed him in running the government.

(3) Israel's Prime Minister Benjamin Netanyahu is facing increasing pressure from the other two members of the country's war cabinet. Opposition leader Benny Gantz says he'll resign from the cabinet if Netanyahu doesn't adopt a new post-war strategy in Gaza.

(4) London still leads European cities in attracting foreign direct investment in financial services, with the UK's share of new projects reaching the highest level in a decade, a survey by Ernst & Young showed.

(5) Buyout firms splurged on low-margin British consumer companies, seduced by bargain prices and cheap money. Higher interest rates are upending that wager.

See omnystudio.com/listener for privacy information.

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