Bloomberg Daybreak: Europe Edition

UK Chancellor of the Exchequer Rachel Reeves expanded her fiscal headroom to £22 billion by upping a range of taxes including: a levy on homes valued above £2 million, increasing fuel duty, and freezing the threshold people start paying income tax for longer. But her crucial budget was overshadowed when the Office for Budget Responsibility released its economic analysis, including all...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) In the 83 days since UK Chancellor of the Exchequer Rachel Reeves announced the date of her second budget, she’s told both bond-market investors and Labour Party backbenchers that it’s been drafted with them in mind. Today it will become clear whether she can please both of these very dif...

On today's podcast: (1) Russia and Ukraine exchanged fire early Tuesday with heavy air raids on Kyiv and assaults on southern Russian areas, just hours after President Donald Trump struck a positive tone on prospects for a ceasefire deal. (2) The European Union’s antitrust chief ruled out easing the bloc’s tech rulebook, after US Commerce Secretary Howard Lutnick said Brussels needed t...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump’s proposed Nov. 27 deadline to secure Ukraine’s support for a US-backed peace plan isn’t set in stone and could drift into the following week, US Secretary of State Marco Rubio said, suggesting that plenty of work remains. (2) Chief executive officers are bracing f...

AI is rising on the agendas of global CEOs, according to the latest edition of the CEO Radar. But a surprising number of chief executives are still struggling to embed the technology into their businesses. On this episode of the CEO Radar Podcast, Edward Adams of Bloomberg Media Studios is joined by BCG Global Chair Rich Lesser and Vlad Lukić, BCG Global Leader of Tech and Digital Advantage, to ex...

Bloomberg Daybreak Weekend with Host Nathan Hager takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Dell, Kohl’s Abercrombie & Finch, and retail ahead of the holiday season. In the UK – a look ahead to the UK's highly anticipated autumn budget. In Asia – a look ahead to China PMI data. See omnystudio.com/...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Stocks are poised for their worst week in seven months as concerns over lofty valuations and the payoff of massive investments in AI prompt investors to retreat from riskier assets. (2) Japanese Prime Minister Sanae Takaichi’s cabinet approved the largest round of extra spending since the pandemic,...

Your morning briefing, the business news you need in just 15 minutes. Content Warning: This episode contains discussion of sexual assault and suicide. On today's podcast: (1) Nvidia delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector. (2) US President Donald Trump signed legislation...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Stocks edged lower in the runup to Nvidia Corp.’s earnings, a key test for market stability, after concerns over lofty valuations triggered a selloff that wiped out about $1.6 trillion from global equities. (2) Nvidia, the world’s most valuable company, is set to deliver a quarterly report Wed...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market before a high-stakes week featuring Nvidia Corp.’s earnings and a pivotal US jobs report. (2) The eye-watering valuations of artificial intelligence champions such as Nvidia Corp., which enj...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year as the exuberance over the pro-crypto stance of the Trump administration fades. (2) Keir Starmer’s government plans to make it easier to remove migrants w...

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Nvidia, Walmart, and Target. In the UK – a look ahead to the European Business Summit. In Asia – a look ahead to Japan’s upcoming GDP report. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK Chancellor Rachel Reeves is considering dropping plans to raise the headline rates of income tax and a slew of other levies in her upcoming budget. (2) China’s economic activity cooled more than expected at the start of the fourth quarter with an unprecedented slump in investment and slower growt...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump signed legislation to end the longest government shutdown in US history, marking the official conclusion to a 43-day impasse. (2) The European Union is set to propose a plan to the US that would implement the next phase of the trade agreement the two sides reached this summer. (3) T...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Allies of Keir Starmer sought to ward off a feared leadership challenge from one of the British premier’s best-known ministers, as cabinet feuds spilled into the open just weeks before the government is due to unveil a contentious budget. (2) The weakness in the UK labor market is likely to have bee...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The European Commission is exploring ways to force European Union member states to phase out Huawei Technologies Co. and ZTE Corp. from their telecommunications networks, according to people familiar with the matter. (2) Switzerland is close to securing a 15% tariff on its exports to the US, in what would...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US Senate took a major step toward re-opening the government after a group of moderate Democrats broke with their party leaders and voted to support a deal to end the record-breaking shutdown. (2) British Broadcasting Corp. Director-General Tim Davie is resigning from the UK national broadcaster amid...

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Walt Disney and Paramount-Skydance. In the UK – a look ahead to Portugal’s Web Summit. In Asia – a look ahead to China Singles’ day. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Tesla shareholders have approved a $1 trillion compensation package for Chief Executive Officer Elon Musk, the largest payout ever awarded to a corporate leader. (2) OpenAI CEO Sam Altman pushed back at the idea that the company would seek federal guarantees to reduce the risk of its AI infrastructure spe...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of England will likely keep interest rates unchanged today at 4% in what is expected to be a closely contested decision. (2) The UK's biggest business lobby has warned Rachel Reeves against hitting companies with a series of smaller tax rises, saying she should "prioritize long-term prosperity ov...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Zohran Mamdani was elected the 111th mayor of New York in a historic victory that will put an avowed democratic socialist in charge of the city that serves as the capital of global finance. (2) The global selloff in semiconductor stocks accelerated on concern over lofty valuations for some of the artifici...

Chancellor of the Exchequer Rachel Reeves declined to reiterate Labour’s manifesto commitment against broad-based tax hikes, as she made an unusual appeal to the British public to support her upcoming budget. In a rare pre-budget speech in Downing Street carried on national broadcasters, Reeves argued she would prioritize bringing down borrowing costs and inflation, and blamed the previous C...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The current environment for large mergers and acquisitions is quite “constructive” for 2026 and 2027, particularly in the US, according to the chief executive officer of Goldman Sachs (2) The global stock rally hit a speed bump as uncertainty over the Federal Reserve’s policy outlook and...

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026, following another modest hike for next month.   (2) A railway staff member who "saved many people's lives" while protecting train passengers from a knifeman is in a life-threatening condition...

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week In the US – a look at how earnings are impacting global markets In the UK – we preview the Bank of England rate decision In Asia – looking ahead to the RBA Decision and Chinese economic data See omnystudio.com/listener for privacy information.