Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Kremlin said Vladimir Putin held “very useful” talks with US envoys Steve Witkoff and Jared Kushner though the sides failed to reach agreement on a plan to end Russia’s war in Ukraine.(2) The European Union has reached a deal to phase out Russian gas faster than originally planned, a move that aims to finally sever ties between the bloc and its once-primary energy supplier.(3) French President Emmanuel Macron is preparing for talks with President Xi Jinping as part of a three-day visit to China in the wake of its dispute with Japan over Taiwan's status.(4) London listings will make a comeback starting next year, aided by a recently unveiled stamp duty holiday, as a top banker at Goldman Sachs says the City must stay competitive compared to its rivals.(5) OpenAI's CEO Sam Altman is redirecting internal resources to speed up improvements to ChatGPT, declaring a “code red” situation that will delay work on other initiatives.Podcast Conversation: Is AI Burnishing the Beatles Legacy or Ruining It?See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff.(2) The European Union’s top diplomat expressed concern that US attempts to push Ukraine into a lopsided peace plan would only encourage Russia’s warmongering as Kyiv’s allies brace themselves for a week of talks to end Moscow’s invasion.(3) As Europe embarks on a historic rearming effort, its defense companies are scrambling for a vital component in high-tech weapons: rare earth minerals, which more nimble US rivals are scooping up.(4) The UK will adopt a more pro-business approach to China but not trade its national security for greater trade ties, Keir Starmer said as he sought to clarify his Labour administration’s approach to the Asian nation.(5) The dispute between China and Japan could drag on for a year, Taiwanese Foreign Minister Lin Chia-lung said, adding Taipei hoped the two sides can find a way to resolve their differences.Podcast Conversation: The Ultimate Foodie Gifts for Anyone Who Likes to Cook and Eat (1)See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rachel Reeves denied misleading the British public about the state of the UK’s public finances ahead of her budget, as she faced ongoing criticism over her messaging in the run-up to Wednesday’s £26 billion package of tax hikes.(2) Prime Minister Keir Starmer said he’ll make a renewed push to curb UK welfare spending, as he vies to revive his ailing premiership and sell a budget which was poorly received by voters.(3) US and Ukrainian negotiators said they had productive discussions about a framework for a peace deal, but there was no final breakthrough as President Donald Trump continues to push for a truce with Russia.(4) President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts.(5) Switzerland voted to reject a 50% inheritance tax on super-rich residents after wealthy entrepreneurs threatened to leave the country.PODCAST CONVERSATION: Inside the Ostrich Effect: How Ignorance Has Become a Survival StrategySee omnystudio.com/listener for privacy information.
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Daybreak Weekend: Tech Earnings, Middle East and Africa Summit, Labubu Craze
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 Crowdstrike, Snowflake, and Salesforce. In the UK – a look ahead to the seventh Milken Institute Middle East and Africa Summit. In Asia – a look ahead to whether Asia's Labubu toy has hit its peak. See omnystudio.com/listener for privacy information.
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Hong Kong Death Toll Rises, Trump 'Third World' Threat, New Subway In Europe
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Hong Kong’s deadliest fire in decades, which killed at least 94 people and injured 76, has intensified scrutiny of the city’s safety-inspection system and whether officials responded forcefully enough to warning signs.(2) The UK government dropped a key measure from its flagship workers’ rights package in a bid to quell concerns of businesses who had warned the legislation would damage growth and employment.(3) US President Donald Trump’s proposals for ending the war in Ukraine could be the basis for future agreements, but no final version exists yet, Russian President Vladimir Putin said, while signaling an openness to talks.(4) Top Chinese diplomat Wang Yi used a call with his French counterpart to say the two sides needed to support each other, underscoring Beijing’s push to win diplomatic backing during a spat with Japan.(5) Coffee lovers hoping for quick relief from historically high prices may have to wait longer as the expected pullback from a reduction in US tariffs has yet to materialize, according to Italian roaster Illycaffe.Podcast Conversation: Sorry Mom. The Shopping Bots Suggested a Bathrobe for ChristmasSee omnystudio.com/listener for privacy information.