Bloomberg Daybreak: Europe Edition

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 - Lowes earnings and fresh economic data In the UK - Its the Mobile World Congress in Barcelona  In Asia - Baidu earnings are on tap  See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta’s historic gain just three weeks ago. (2) Former Treasury Secretary Larry Summers is warning that financial markets are underestimating the risks of political and social turmoil around the wo...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Nvidia surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world's most valuable chipmaker. Minutes from the Federal Reserve's latest gathering show most officials remained more worried about the risk of cutting interest r...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  The US has told allies that Russia could deploy a nuclear weapon or a mock warhead into space as early as this year, according to people familiar with the matter. (2) As Russia's war in Ukraine enters a third year, President Vladimir Putin's forces have shifted to the offensive and captured the eastern c...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Barclays says it will go on a major cost-cutting drive as part of efforts to boost returns above 12% in the coming years, ending months of speculation about the future direction of one of Europe's largest investment banks. (2) Capital One has agreed to buy Discover in in a $35 billion all-stock deal to cr...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After decades of occupying different business areas, the last two remaining banks with links to the storied Rothschild name are encroaching on each other's territory. (2) Capital One has agreed to buy Discover in in a $35 billion all-stock deal to create the largest US credit card company by loan volume,...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of England risks deepening the UK's recession if it doesn't pivot to interest rate cuts soon, its former chief economist Andy Haldane warned in an interview with Bloomberg Radio. (2) Apple will face a European Union fine close to €500 million over the regulator's investigation into allegations it...

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 - we look ahead to Nvidia earnings and minutes from the Fed In the UK - we preview this season of European fashion weeks. They're expected be as glamorous as ever, with the fashion elite descending on London, then Milan, and then Paris. In Asia - looks at what we can expect...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Apple, racing to add more artificial intelligence capabilities, is nearing the completion of a critical new software tool for app developers that would step up competition with Microsoft. (2) Keir Starmer's poll-leading opposition Labour Party overturned significant majorities to win two parliamentary sea...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Britain fell into a technical recession in the second half of 2023. GDP shrank 0.3% in the fourth quarter, pushing the UK into a shallow economic dip. (2) Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed at securing a cease-fire with Hamas, ag...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Israeli Prime Minister Benjamin Netanyahu has opted not to send a delegation to Cairo for follow-up talks aimed at securing a cease-fire with Hamas, again dismissing the militant group’s demands as “delusional.” Vladimir Putin praised Joe Biden as a more reliable alternative for Russia than Donald Trump, maki...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts. (2) The global bond rally that started in December with the hope that the Federal Reserve had finally pivoted to favor interest-rate cuts has evaporated. (3...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK wage growth slowed less than expected in the fourth quarter, underscoring the Bank of England's caution against moving too quickly to cut interest rates.  (2) Arm Holdings Plc soared again on Monday, extending a three-day rally that has driven its value up almost 100%, after a blockbuster earnings repo...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Joe Biden said he's pushing for a six-week pause in fighting between Israel and Hamas to allow for the release of hostages, saying those conditions could lay the groundwork for broader peace. (2) Bond traders have come more in line with the Federal Reserve's trajectory for the upcoming easing...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump's comments over the weekend that he once told a European leader he'd abandon NATO members to a Russian invasion if they hadn't met defense-spending commitments have renewed talk about what a second term would mean for allies. (2) Israel's military conducted strikes early Monday morning on the...

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 - we look ahead to inflation data and Coca-Cola earnings In the UK - we discuss geopolitics ahead of the Munich Security Conference In Asia - key eco data is in focus as the BOJ weighs ending its interest rate policy See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Vladimir Putin said Russia hasn't achieved its objectives in Ukraine yet, adding in an interview with former Fox News host Tucker Carlson that he would consider negotiations if the US stops supplying weapons to Kyiv. (2)  President Joe Biden forcefully — and at times angrily — sought to combat s...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Former Barclays Plc Chief Executive Officer Jes Staley has long maintained that he cut off his friendship with Jeffrey Epstein once he became boss of the UK bank. Legal documents seen by Bloomberg News claim that he had indirect contact with the late pedophile financier for years after that. Representativ...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) New York Community Bancorp's credit grade was cut to junk by Moody's Investors Service less than a week after the regional lender alarmed shareholders by slashing payouts and stockpiling reserves to cover troubled loans tied to commercial real estate. (2) Treasury Secretary Janet Yellen said that while lo...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: UBS Group AG will resume share buybacks this year, vowing to hand as much as $1 billion to shareholders in the second half as it seeks to move beyond the integration of Credit Suisse. Hopes are also building for more concerted efforts to boost shares as regulators plan to brief President Xi Jinping on market...

 Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Biden administration vowed more strikes against Iran's forces and its proxies in the Middle East after three straight days of punishing attacks, even as senior officials insisted the US won't be pulled into a prolonged regional conflict. (2) Iranian-backed Houthis vowed to respond to US and British-l...

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 - we preview Disney and Uber earnings In the UK  - we detail how big oil is grappling with geopolitics and climate change In Asia - we look to the Lunar New Year and the health of the Chinese consumer See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Apple reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger than expected and the company returned to revenue growth. Meta and Amazon reported better-than-expected earnings on Thursday, sending their stock prices soaring by a combined $270 billion Bank of Eng...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Federal Reserve held interest rates steady for a fourth straight meeting and signaled an openness to cutting them, though Fed Chair Jerome Powell threw cold water on investors' hopes that reductions would begin in March. (2) The Bank of England is likely on Thursday to deliver a brighter outlook for t...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: Microsoft and Alphabet, two rivals in AI software and cloud computing, delivered mostly good news in their reports, but still elicited a ho-hum from investors. Elon Musk's $55 billion pay package at Tesla has been struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that wo...