Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Slovak Prime Minister Robert Fico suffered life-threatening injuries after being shot in public, the first assassination attempt on a European leader in more than two decades that underscores the deep polarization in the country. (2) Chinese President Xi Jinping signaled to Vladimir Putin that ties between the two nations remain strong, as the Russian leader embarks on a new term with the war in Ukraine...
May 16, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market. (2) China blasted the Biden administration's move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without giving specif...
May 15, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Emmanuel Macron says he would be open to seeing a major French bank being taken over by a European Union rival in order to spur the deeper financial integration he sees as critical for the bloc's future prosperity. (2) Goldman Sachs Chair and CEO David Solomon discusses France becoming more business friendly and the outlook for Europe. (3) Bank of America Chairman and CEO Brian Moynihan says U...
May 14, 2024•29 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Vladimir Putin replaced his long-serving defense minister with a trained economist in an unexpected change of guard that signals the focus on growing the Russian war economy more than two years after the invasion of Ukraine. (2) Ukraine's leader Volodymyr Zelenskiy called on his people not to panic amid Russia's ongoing advance in the Kharkiv region that's jeopardizing a local city. (3) Rishi Sunak will...
May 13, 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 U.S inflation data and earnings from Home Depot and Walmart. In the UK – a preview of the Choose France Summit. In Asia – a look at next week’s tech earnings in China. See omnystudio.com/listener for privacy information.
May 11, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Britain bounced back strongly from a shallow recession, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to grow the economy. (2) President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors while rejecting the across-the-board hikes sought by ...
May 10, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors while rejecting the across-the-board hikes sought by Donald Trump, people familiar with the matter said. (2) Israeli Prime Minister Benjamin Netanyahu struck a defiant tone against President Joe Biden after the US withheld a shipment of b...
May 10, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey may deliver a lift to British consumers with a stronger signal on when the central bank can lower borrowing costs from their highest in 16 years. (2) Former Bank of England chief economist Andy Haldane was debanked like Nigel Farage, the one-time Brexit Party leader, because he was designated "politically connected." (3) US President Joe Biden said he would halt ad...
May 09, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US paused a shipment of bombs to Israel over worries about Israel nearing a decision to launch a wide-ranging military offensive on the southern Gaza city of Rafah, which President Joe Biden opposes, according to a senior administration official. (2) The US has revoked licenses allowing Huawei Technologies to buy semiconductors from Qualcomm and Intel, according to people familiar with the matter, f...
May 08, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UBS Group returned to profit after two loss-making quarters, with both wealth management and the investment bank adding to sustained progress in the integration of Credit Suisse after its emergency rescue last year. (2) The Palestinian militant group Hamas said it had agreed to a cease-fire proposal for the Gaza Strip, but Israel's war cabinet unanimously rejected it as "far from Israel's necessary dema...
May 07, 2024•19 min
loomberg 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 Apple’s latest product event and earnings from Walt Disney. In the UK – a look at next week’s Bank of England meeting. In Asia – a look ahead to Chinese President Xi Jinping’s visit to Europe. See omnystudio.com/listener for privacy information.
May 04, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Labour have taken a parliamentary seat from the Conservatives in northern England. It's the first major setback in a predicted slew of defeats for Sunak’s Tories, as results from local council elections across England plus key mayoralties like London, Tees Valley and West Midlands are announced on Friday and over the weekend. (2) Apple shares jumped in late trading after the company posted stronger-than-...
May 03, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer rather than raising them again. (2) Another suspected intervention by Japanese authorities to support the yen, this time in late New York trading, ran into resistance from traders keen to keep selling the currency. (3) The Federal Reserve and other top US regulators are ...
May 02, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for cuts in the near future after higher-than-expected inflation. (2) Japan likely conducted its first currency intervention since 2022 to prop up the yen on Monday, according to a Bloomberg analysis of central bank accounts. (3) Chancellor of the Exchequer Jeremy Hunt has warned the UK...
May 01, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) HSBC CEO Noel Quinn is unexpectedly stepping down after nearly 5 years in the job, triggering a search for a replacement at Europe's largest bank. (2) The US Treasury ramped up its estimate for federal borrowing for the current quarter to $243 billion, more than most dealers had anticipated, in a move that largely reflected weaker cash receipts than officials had expected. (3) A pair of traders in Hong ...
Apr 30, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Bloomberg Economics' Fed sentiment index — powered by a natural language processing algorithm based on more than 60,000 Fed headlines — shows that in December, Powell delivered a major pivot. By hinting at a swifter shift toward rate cuts, he gave markets a boost and helped the economy dodge a downturn. (2) The yen swung in holiday-thinned market conditions, punching through 160 per dollar to touch its w...
Apr 29, 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 look at next week’s Fed meeting and a preview of Apple earnings. In the UK – a look at the Vienna Conference on Autonomous Weapons Systems. In Asia - a preview of Samsung earnings. See omnystudio.com/listener for privacy information.
Apr 27, 2024•38 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Microsoft and Google owner Alphabet sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. The companies trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by booming use of AI services. (2) The Bank of Japan held interest rates steady and simplified its language on bon...
Apr 26, 2024•23 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) BHP Group proposed a takeover of Anglo American that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade. (2) Deutsche Bank's trading revenue rose 7% in the first quarter, more than analysts had expected and better than most of the bigges...
Apr 25, 2024•19 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Shares in Meta have dropped by as much as 19% in after-hours trading, after the social media giant said it plans to spend billions of dollars more than expected this year. (2) The world's largest mining company, BHP Group, has made a takeover approach for rival Anglo American, a move that could spark the biggest shakeup in the industry in over a decade. (3) BNP Paribas fixed-income traders trailed all of...
Apr 25, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tesla is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another disappointing quarter. (2) The Senate passed a long-delayed $95 billion emergency aid package for Ukraine and other besieged US allies, clearing the way for resumed arms shipments to Kyiv within days. (3) Rishi Sunak pledged to increase defense spending to 2.5% of GDP by end of the decade, as the ...
Apr 24, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Rishi Sunak’s government is preparing to get the first deportation flights to Rwanda off the ground by July after the UK prime minister’s flagship law to declare the African nation a “safe” destination for asylum seekers cleared its final hurdle in Parliament. (2) The UK will send more Storm Shadow long-range missiles to Ukraine as part of its single biggest military aid package to the country since Rus...
Apr 23, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) US approval of more than $60 billion in aid throws a lifeline to Ukraine’s beleaguered military, though it’s unlikely to turn the tide in the war on its own. (2) After years of working to assure the US government that its popular social media app isn’t a threat to national security, TikTok’s loss in that fight now seems almost inevitable. (3) The European Central Bank won’t be swayed from a first intere...
Apr 22, 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 U.S core PCE and GDP data, and Tesla earnings. In the UK – A preview of European bank earnings. In Asia – A preview of Auto Show China See omnystudio.com/listener for privacy information.
Apr 20, 2024•39 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, according to two US officials, but Iranian media appeared to downplay the incident in the hours that followed the initial reports. (2) Oil and gold surged, then retreated, after Iranian media appeared to downplay retaliatory strikes following last weekend’s unprecedented bombardment of Israel. (3) The ...
Apr 19, 2024•15 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation threat than the US, opening the prospect of a rate cut for Britain before the Federal Reserve moves. (2) Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere. (3) Euro...
Apr 18, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to unwind bets on interest rate cuts. (2) Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying inflation dynamics in the two economies are diverging. (3) UK Chancellor of the Exchequer Jeremy Hunt said the prospect of interest rate cuts later th...
Apr 17, 2024•16 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings. (2) Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying inflation dynamics in the two economies are diverging. (3) UK Chancellor of the Exchequer Jeremy Hun...
Apr 17, 2024•21 min
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Top Israeli military officials reasserted that their country has no choice but to respond to Iran's weekend drone and missile attack, even as European and US officials boosted their calls for Israel to avoid a tit-for-tat escalation that could provoke a wider war. (2) China announced faster-than-expected economic growth in the first quarter – along with some numbers that suggest things are set to get to...
Apr 16, 2024•17 min
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The huge salvo of missiles and drones launched from the arid plains of Iran toward Israel was the kind of direct conflict between the Middle East powers that the world had long feared would mark the explosion of a full-blown regional war. (2) Iran’s weekend attack on Israel with more than 300 missiles and drones marks a perilous turn for a fragile region. It was an unprecedented action, the first strike ...
Apr 15, 2024•17 min
