Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) This may be one meeting where the Bank of England is thankful the decision has been made for them. Prime Minister Rishi Sunak’s move three weeks ago to call an election has all but ruled out a rate cut when policymakers announce their decision at 12 p.m London time. (2) Rishi Sunak’s Conservative Party is heading for an electoral wipeout in the UK general election on July 4, according to three major pol...
Jun 20, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia’s relentless rally has propelled the semiconductor giant’s market capitalization over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues. (2) Rishi Sunak’s Conservatives are on track to lose more than two thirds of the seats they won at the last general election when Britons cast their votes next month, according...
Jun 19, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) France’s political turmoil is causing concern in some European Union capitals that initiatives like joint military spending and a fresh push to support Ukraine could fall by the wayside. (2) European Central Bank President Christine Lagarde said officials are being “attentive” to financial market-developments, shortly after her colleague Philip Lane said he’s not worried about French turbulence. (3) Nic...
Jun 18, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Far-right leader Marine Le Pen said she won't try to push out President Emmanuel Macron if she wins France's snap parliamentary election in an appeal to moderates and investors. (2) French and Swiss finance firms are more likely to have former politicians as board members than their European peers, underscoring the close links between policy making and the world of money in the two nations, an Ernst &am...
Jun 17, 2024•14 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S Retail Sales, and Housing data. In the UK – a preview of next week’s Bank of England meeting. In Asia – a look ahead to a slew of Chinese eco activity data. See omnystudio.com/listener for privacy information.
Jun 15, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On Today's Podcast: (1) The Bank of Japan is making investors wait until its July meeting for details on its paring of bond buying, sparking renewed weakness in the yen and a pushing back of bets on an interest rate hike next month. (2) French bonds tumbled, driving yields over safer German peers to the highest level in seven years, amid concerns Marine Le Pen’s far-right National Rally party will usher in looser fiscal polici...
Jun 14, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials have dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more as he emphasized the new forecasts represented a conservative approach. (2) G7 leaders are set to reach a political agreement to provide Ukraine with $50 billion of aid using the profits generated by frozen Russian sovereign assets, according to an Elysee...
Jun 13, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one sparked in the UK two years ago if far-right leader Marine Le Pen were to win legislative elections slated for the end of the month and implement her economic program. (2) Conservatives on the left and right of the UK's ruling party lashed out against Prime Minister Rishi Sunak's manifesto, saying there...
Jun 12, 2024•20 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rishi Sunak faced last-minute calls by cabinet ministers to add new tax cuts and a tougher migration policy to the Conservative manifesto after early drafts provoked disquiet over the lack of big-ticket pledges that might prevent a heavy defeat in the UK general election. (2) Far-right leader Marine Le Pen’s National Rally is seen garnering 34% of voter intentions in the first round of upcoming French le...
Jun 11, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After a crushing defeat in the European Parliament election on Sunday, French President Emmanuel Macron called a snap legislative ballot in a desperate bid to stop the rise of his far-right rival, Marine Le Pen. (2) Prime Minister Giorgia Meloni is set to solidify her power after winning the vote in Italy for the European Parliament as far-right parties gained across the union. (3) Benny Gantz resigned ...
Jun 10, 2024•16 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of next week’s U.S CPI data and Fed decision, and a look at Apple’s Worldwide Developers Conference. In the UK – a preview of London tech week. In Asia – a look ahead to India CPI data and a monetary policy decision from the Bank of Japan. See omnystudio.com/listener for privacy information....
Jun 08, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After a series of recent setbacks, Europe’s far-right parties are aiming for gains in elections to the European Parliament that kicked off on Thursday. (2) The European Central Bank delivered on its promise to cut interest rates but left investors querying where policy is headed next by also saying it will take longer for inflation to reach 2%. (3) In a staggering loss for US prosecutors, a jury found U...
Jun 07, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Central Bank is poised to start lowering interest rates from record highs, confident that inflation is sufficiently contained to ease the burden on the economy. (2) Nvidia was already the world’s most valuable semiconductor firm. Now, it’s become the first computer-chip company ever to hit $3 trillion in market capitalization. (3) A flood of cash from passive equity allocations will pour in...
Jun 06, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rishi Sunak reached for a tried-and-tested Conservative weapon in his first UK election campaign debate with Keir Starmer, repeatedly warning that the Labour leader would raise taxes. But their heated prime-time TV clash showed up the prime minister’s own weaknesses as much as his opponent’s. (2) Indian Prime Minister Narendra Modi is gearing up for coalition talks after his party lost its majority in p...
Jun 05, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) India will announce election results later today, with investors already cheering a third term victory for Prime Minister Narendra Modi based on exit polls, pushing stocks to a record. (2) Rishi Sunak is considering hardening his Conservative Party’s position on the European Convention on Human Rights, as disastrous polling and Brexit architect Nigel Farage’s decision to stand for Reform UK in the gener...
Jun 04, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) South Africa's African National Congress has begun talks with rivals to form a government following its worst performance since Nelson Mandela led it to power at the end of apartheid in 1994. (2) Keir Starmer will today pitch Labour as the "party of national security" in a bid to squeeze Rishi Sunak's Conservatives on traditional Tory turf as the rivals prepare to face off in a UK election debate on Tue...
Jun 03, 2024•17 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of the May jobs report in the U.S, and a look ahead to Gamestop earnings. In the UK – a look ahead to the next ECB decision and European Parliament elections. In Asia – a preview of China trade data, TSMC's sales and revenue, and the Computex tech show. See omnystudio.com/listener for privacy information....
Jun 01, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump was found guilty in the first criminal trial of a former US president in the nation’s history, a verdict that could reshape the political landscape five months before Election Day. (2) President Joe Biden will allow Ukraine to launch US-provided munitions against military targets inside a limited area of Russia, overcoming concern that any such move could provoke a wider war with the West. ...
May 31, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) BHP has decided against making a firm offer for Anglo American, instead walking away for now from what would have been the biggest mining deal in over a decade. (2) Jamie Dimon said he expects problems to emerge in private credit and warned that "there could be hell to pay," particularly as retail clients gain access to the booming asset class. (3) The European Central Bank is set to take the unpreceden...
May 30, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Ukraine must be allowed to target missile crews inside Russia with European-supplied weapons, according to French President Emmanuel Macron. (2) Germany and France have agreed to make rapid progress to deepen the European Union’s capital markets to boost investment in the bloc after years of discussions, French President Emmanuel Macron said. (3) Keir Starmer’s poll-leading opposition Labour Party is se...
May 29, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The killing of an Egyptian soldier in a clash with Israeli troops at a Gaza border crossing on Monday further inflamed regional tensions after an Israeli airstrike killed an estimated 45 Palestinians at a camp for displaced people. (2) The Labour party has won the endorsement of 120 business executives who have said that a “new outlook” is needed so the UK can “break free” from a decade of economic stag...
May 28, 2024•17 min
In this Holiday Edition of Bloomberg Daybreak: We take a look at markets and inflation's impact on equities with Alicia Levine of BNY Mellon and Invesco's Brian Levitt We check in on the strength of the global economy with Bloomberg's Michael McKee and Anna Wong. Plus, we get some travel tips for the summer with The Points Guy, Brian Kelly. Hosted by Nathan Hager See omnystudio.com/listener for privacy information....
May 27, 2024•39 min
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of core PCE inflation and GDP data, and a look ahead to Dell and HP earnings. In the UK - a look ahead to the 77th World Health Assembly in Geneva. In Asia – a preview of a two-day summit between Japan, South Korea and China in Seoul. See omnystudio.com/listener for privacy information....
May 25, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) In the City of London, executives are looking forward to the imminent general election as a chance for clarity after a turbulent few years. (2) A two-speed global economy skewed by US strength is overshadowing this week’s Group of Seven meeting as officials confront the prospect of less synchronized monetary policies. (3) Segantii is shutting down and returning capital to investors after an insider trad...
May 24, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Standing in the rain and being drowned out by protesters playing the Labour Party’s 1997 victory anthem “Things Can Only Get Better” will not have been Rishi Sunak’s preferred backdrop for his announcement naming the date of the next UK election. (2) UK Prime Minister Rishi Sunak’s decision to stake the Conservative Party’s future on a rare summer election was so secret that even his chancellor of the e...
May 23, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK inflation cooled less than expected last month due in part to lingering price pressures at restaurants and pubs, threatening to delay interest rate cuts from the Bank of England. (2) European Central Bank President Christine Lagarde indicated that an interest-rate cut is probable next month with the rapid gain in consumer-price growth now largely contained. (3) Two Federal Reserve officials reinforce...
May 22, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The chief prosecutor for the International Criminal Court said Monday he is seeking arrest warrants for Israeli Prime Minister Benjamin Netanyahu and Hamas leader Yahya Sinwar on war crimes charges. (2) Raisi’s death in Iran opens questions over Khamenei succession. In Saudi Arabia, the Crown Prince has canceled trips over King Salman’s ill health. This is another complicating factor in Washington's pus...
May 21, 2024•17 min
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 immedia...
May 20, 2024•15 min
In the US – a preview of home sales data and Nvidia earnings. In the UK – a look at the upcoming meeting of G7 finance ministers and central bankers in Italy. In Asia – a preview of the inauguration of Taiwan’s president. See omnystudio.com/listener for privacy information.
May 18, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China’s retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighting the unbalanced recovery of the world’s No. 2 economy. (2) China removed the floor on mortgage rates and lowered the minimum down payment ratios for individual homebuyers in its most drastic move to shore up the beleaguered property market. (3) Jamie Dimon tells Bloomberg that when it comes to C...
May 17, 2024•16 min
