Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UBS smashed banking profit records in the second quarter and announces plans to eliminate about 3,000 Swiss jobs. (2) The Chinese developer Country Garden has warned that it may default on its debt and raised concerns about staying in business. (3) Sources tell Bloomberg Apple is testing the use of 3D printers to produce the steel cases for some of its upcoming smart watches. (4) Elon Musk's social medi...
Aug 31, 2023•17 min
Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) UBS smashed banking profit records in the second quarter as a result of its emergency takeover of Credit Suisse. (2) The Chinese developer Country Garden has warned that it may default on its debt and raised concerns about staying in business. (3) Sources tell Bloomberg Apple is testing the use of 3D printers to produce the steel cases for some of its upcoming smart watches. (4) Elon Musk's social media network ...
Aug 31, 2023•14 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bloomberg Economics warns China's property sector could be heading for a solvency crunch. (2) The US Commerce Secretary says China is driving away American companies. (3) UK property sales are forecast to drop to their lowest level in over a decade. (4) Apple reveals the timing of its biggest product launch this year. See omnystudio.com/listener for privacy information....
Aug 30, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A Bloomberg survey reveals economists now expect GDP growth in China of 5.1% this year. (2) Gas prices have surged in Europe as Chevron received notice of impending industrial action in Australia. (3) Goldman Sachs has struck a deal to sell United Capita, an Investment adviser it had purchased for $750. (4) Citadel vets 69,000 intern applicants in battle for "truly exceptional" new hires. See omnystudio...
Aug 29, 2023•16 min
Bloomberg Daybreak Weekend with Nathan Hager takes a look at some of the stories we'll be tracking for you in the coming week including a look ahead to the August jobs report. Plus, a reshuffle awaits the FTSE 100, Japan's economy rolls and Donald Trump's legal strategy See omnystudio.com/listener for privacy information.
Aug 26, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) One of the ECB's most influential policymakers says it's "much too early" to consider pausing rate hikes. (2) British and American Intelligence officials say the Russian President is likely to have approved Prigozhin's Assassination. (3) Toronto-Dominion Bank says it may face penalties as the result of an investigation by US authorities. (4) Donald Trump becomes the first former US president in history ...
Aug 25, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russia says the Wagner mercenary chief Yevgeny Prigozhin has died in a plane crash. (2) Nvidia stock soars as insatiable AI demand fuels a blowout forecast. (3) Private US funds have been hit with a raft of new rules from the Securities and Exchange Commission. (4) And Farage fumes as NatWest debates clawing back Alison Rose's £2.4 million notice period pay. See omnystudio.com/listener for privacy infor...
Aug 24, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Goldman clamps down on working from home as data suggests more than one-third of all office desks are unoccupied. (2) Former gold traders at JPMorgan are sent to prison for market manipulation. (3) Reports suggest Huawei is building a secret chip manufacturing network. (4) Nike stock has posted a record streak of losses as China concerns mount. See omnystudio.com/listener for privacy information....
Aug 23, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) CMA Chief Executive Sarah Cardell joins to discuss Microsoft's new submission for its Activision bid (2) The UK-based tech giant Arm has filed to list its shares on the Nasdaq, in what's set to become the biggest US stock market launch of the year. (3) S&P has followed Moody's in downgrading and cutting the outlook for a slew of US banks. (4) It's been reported that Elon Musk told Pentagon officials ...
Aug 22, 2023•15 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The UK-based tech giant Arm has filed to list its shares on the Nasdaq, in what's set to become the biggest US stock market launch of the year. (2) S&P has followed Moody's in downgrading and cutting the outlook for a slew of US banks. (3) The CEOs of Britain's biggest companies saw an above-inflation pay rise last year but still earned less than before the pandemic. (4) It's been reported that Elon ...
Aug 22, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Chinese banks have made a smaller-than-expected cut to their benchmark lending rate. (2) The Netherlands and Denmark have agreed to send F-16 fighter jets to Ukraine. (3) UK property sellers have cut asking prices at the sharpest pace since December (4) Donald Trump says he will skip primary debates against other Republican presidential candidates. See omnystudio.com/listener for privacy information....
Aug 21, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a look at the Fed's annual meeting in Jackson Hole. Plus, London house prices, China eco data and a preview of the Republican 2024 primary debate. See omnystudio.com/listener for privacy information.
Aug 19, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China's state-owned developers warn of major losses as fears of contagion grow. (2) Bank of America strategists say get used to 5% bond yields. (3) Arm lines up 28 banks for the biggest listing of the year. (4) A fresh bout of US regulatory scrutiny is setting off a hiring spree at Goldman Sachs. See omnystudio.com/listener for privacy information....
Aug 18, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Fed officials suggest inflationary risks may drive further interest rate hikes. (2) China's housing slump is much worse the official data shows. (3) Argentina's leading presidential candidate tells Bloomberg he wants to close the country's central bank. (4) London's luxury home sellers cut asking prices to keep deals alive. See omnystudio.com/listener for privacy information....
Aug 17, 2023•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Higher than expected UK inflation has traders once again betting the Bank of England will hike rates to 6%. (2) Chinese shadow bank Zhongrong has now missed payments on dozens of products and says it has no immediate plan to cover them. (3) Figures from the FCA show one in ten British Muslims don't have a bank account. Bloomberg has spoken to a number of customers who've struggled with the system. (4) B...
Aug 16, 2023•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Chinese shadow bank Zhongrong has now missed payments on dozens of products and says it has no immediate plan to cover them. (2) The philanthropic organization that controls most of the assets in George Soros's $25 billion family office, is set to end the majority of its EU operations. (3) One in ten British Muslims don't have a bank account. Bloomberg has spoken to a number of customers who've struggle...
Aug 16, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Record UK wage growth drives Bank of England rate bets to around 6%. (2) China's central bank cuts rates as the country's economic headwinds multiply. (3) A Georgia Grand Jury indicts Donald Trump for attempting to overturn his election defeat. (4) A technical issue leaves the Bank of England unable to process high value transactions for 6 hours. See omnystudio.com/listener for privacy information....
Aug 15, 2023•14 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China's central bank cuts rates as the country's economic headwinds multiply. (2) US Treasury Secretary Janet Yellen warns China's slowdown will 'spill over' to the US. (3) A Georgia Grand Jury indicts Donald Trump for attempting to overturn his election defeat. (4) A technical issue leaves the Bank of England unable to process high value transactions for 6 hours. See omnystudio.com/listener for privacy...
Aug 15, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China growth concerns multiply over strains in sectors from property to shadow banking and hedge funds. (2) Goldman Sachs forecasts a Fed rate cut in the first half of next year. (3) The strikes in Hollywood are threatening Britain's film industry, leaving thousands of jobs in limbo. (4) Zuckerberg tells Musk to stop wasting his time with talk of a possible cage fight. See omnystudio.com/listener for pr...
Aug 14, 2023•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a look at the retail companies reporting earnings. Plus, inflation in focus in the UK and another possible indictment for former President Donald Trump. See omnystudio.com/listener for privacy information.
Aug 12, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK economy delivers its strongest quarterly growth in more than a year. (2) UBS ends its $10bn Credit Suisse loss protection agreement with the Swiss government. (3) US inflation data leads the Fed's rate setters to favour another hold. (4) 35,000 tiny Chinese hedge funds could close under new regulations. See omnystudio.com/listener for privacy information....
Aug 11, 2023•19 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China's once-top builder turns into a penny stock as Biden calls the country's economy a "ticking time bomb". (2) 35,000 tiny Chinese hedge funds could close under new regulations. (3) UBS ends it's $10bn Credit Suisse loss protection agreement with the Swiss government. (4) US inflation data leads the Fed's rate setters to favor another hold. See omnystudio.com/listener for privacy information....
Aug 11, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Drugs maker Novo Nordisk gets a boost from its breakthrough weight-loss drug Wegovy. (2) European gas prices jumped on Wednesday as LNG workers in Australia vote to strike. (3) Disney raises prices for some streaming subscriptions by as much as 27%. (4) A state of emergency has been declared in Ecuador following the assassination of presidential candidate. See omnystudio.com/listener for privacy informa...
Aug 10, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) European gas prices hit a 17-month high as LNG workers in Australia vote to strike. (2) Disney raises prices for some streaming subscriptions by as much as 27%. (3) Britain's property market shows more signs of slowing to a crawl. (4) The chair of troubled Chinese property developer Country Garden sees her net worth drop by $28.6 billion from its peak. See omnystudio.com/listener for privacy information...
Aug 10, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK GDP predicted to stay below pre-pandemic levels until 2024. (2) Britain's electoral register hit by a cyber-attack, but no one noticed for 15 months. (3) The Italian government scrambles to clarify the limits for its new bank windfall tax. (4) Analysis suggests M&A bonus payouts could drop by 25%. See omnystudio.com/listener for privacy information....
Aug 09, 2023•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Italy's government agrees a new tax on the "extra profits" of banks. (2) Moody's downgrades 10 US banks as borrowing costs rise. (3) UK Politicians hit back at HSBC over 'weak' on China comments. (4) Tesla's CFO quits after 13 years in the job. See omnystudio.com/listener for privacy information.
Aug 08, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Politicians hit back at HSBC over 'weak' on China comments. (2) Moody's downgrades 10 US banks as borrowing costs rise. (3) Italy's government agrees a new tax on the "extra profits" of banks. (4) Tesla's CFO quits after 13 years in the job. See omnystudio.com/listener for privacy information.
Aug 08, 2023•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A leading HSBC Executive says the UK is 'weak' for siding with the US against China. (2) Speaking exclusively to Bloomberg, Israel's Prime Minister says he won't pursue his judicial overhaul in full. (3) Ukraine's Black Sea drone attacks point to a rapidly expanding war in the region. (4) Elon Musk says a potential cage fight with Mark Zuckerberg will be streamed on his X platform. See omnystudio.com/li...
Aug 07, 2023•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a report on US consumer prices, insurance companies' strategies for dealing with unpredictable weather events, as we wait for earnings from some of the biggies, Alibaba gears up to report quarterly results amid the changing landscape for tech in China, and the connection between unions, strikes and presidential politics. See omnystudio.com/listener for privacy info...
Aug 05, 2023•35 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) iPhone sales slump at Apple as revenue declines yet again. (2) BOE governor Andrew Bailey says it's 'far too soon' to bet on a rate cut. (3) Trump pleads not guilty to obstructing the 2020 election. (4) We speak to one of the designers of the Twitter bird logo after it's replaced by X. See omnystudio.com/listener for privacy information....
Aug 04, 2023•22 min