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 with no rights to stay in the UK, as the prime minister seeks to gain control of the political narrative after one of the most bruising weeks of his 16 months in power.(3) Oil traders are not counting on OPEC+ to cut production next year, despite forecasts that a global supply surplus could send prices even lower.(4) President Donald Trump said proposed Senate legislation to sanction countries conducting business with Russia would be “okay with me,” his strongest indication yet that he would support a monthslong push to strangle Moscow’s funding.(5) German Finance Minister Lars Klingbeil pressed for an “open, rules-based global trading system” as he departed for a high-stakes visit to Asia, as frictions over trade restrictions between the US, China and Europe ramp up.Podcast Conversation: The Best Gifts of 2025See omnystudio.com/listener for privacy information.
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.
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Reeves Mulls Tax U-Turn, China’s Economy Falters, Keeping Vintage Time
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 growth in industrial output.(3) US President Donald Trump is readying substantial tariff cuts and trade deals as he seeks to address voter concerns over high food prices and the cost of goods.(4) The BBC's Chairman Samir Shah has written to the White House expressing remorse to US President Donald Trump for a misleading documentary edit of his January 6th speech in 2021. (5) EU officials are looking at how to transform the European Securities & Markets Authority into a more sweeping watchdog like the SEC in the United States.Podcast Conversation: How to Get Your Vintage Timepiece Safely ServicedSee omnystudio.com/listener for privacy information.
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Record US Shutdown Ends, New EU Trade Offer To US, Russia Trademark Poaching
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) Top trade negotiators from Switzerland are headed to Washington, aiming to complete negotiations on a trade deal with the US that would lower the 39% tariff rate on Swiss goods.(4) Rachel Reeves should get billions of pounds of extra room in her upcoming budget, UK Treasury officials believe, thanks to her plan to cut household bills and bring down inflation.(5) Prime Minister Keir Starmer tried to draw a line under squabbling within his Labour Party and called for unity after an alleged challenge for his job exposed questions about his future.(6) Democrats returned to pressing Donald Trump on his ties to Jeffrey Epstein, highlighting a selection of emails in which he suggested the president knew of his activities.Podcast Conversation: In Europe, the Oldest Ideas in Wellness Get a New SpotlightSee omnystudio.com/listener for privacy information.
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Starmer Leadership Threat, China's Phantom Loans, Wall-St India Hiring Spree
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 been overstated, economists and policymakers warned, after new figures shifted the narrative in Westminster and financial markets ahead of the budget.(3) Asian stocks rose alongside Treasuries after softer US jobs data strengthened bets on a Federal Reserve interest-rate cut, boosting market sentiment.(4) Banks in China are asking clients to take out loans and then immediately repay them, with the bank covering the interest, in a practice known as "quick-lend-and-recover".(5) The US military is exploring whether to build a temporary base capable of housing 10,000 people near the Gaza Strip as part of its push for a stabilization force of troops from other countries to monitor a ceasefire between Israel and Hamas.(6) Germany must start dialing back its borrowing limits from 2029 to ensure solid public finances over the long term, according to the Bundesbank.Podcast Conversation: Harvest Report: 2025 Is Turning Out to Be a Great Year for WineSee omnystudio.com/listener for privacy information.
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