Bloomberg Daybreak: Europe Edition

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Apple launches a three and a half thousand dollar mixed reality headset. (2) The SEC accuses Binance of being "engaged in an extensive web of deception". (3) Russia and Ukraine engage in fierce front line fighting. (4) Tech firms warn the UK is losing its business allure. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Oil surges as Saudi Arabia goes it alone with a one million barrel supply cut. (2) Reports from the WSJ suggest the US could raise capital requirements by 20% for large lenders. (3) The UK widens its lead as Europe's favored destination for FDI in the financial sector. (4) Morgan Stanley warns a 16% drop in US profits will kill the American equity rally. (5) Workers tell Bloomberg that ending hybrid working is a deal breaker. See omnystudio.com/listener for privacy information.

June is Pride Month, dedicated to celebrating LGBT+ communities. To mark this, Daybreak Europe brought together four people in the early stages of their careers in finance, law and engineering. They spoke to Stephen Carroll about how they navigate their identity at work and why inclusive leadership matters. See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week, including a preview of Apple's WWDC, UK Prime Minister Rishi Sunak's trip to Washington, Japan's latest GDP and some new entries into the 2024 Presidential race. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Congress passes a deal on the debt ceiling, ending the risk of a default. (2) Goldman flags a 25% drop in trading revenue as job cuts loom. (3) JP Morgan CEO Jamie Dimon heads to Taiwan after a high-profile trip to China. (4) Former Labour Leader Neil Kinnock tells us Starmer won't need a coalition. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US House of Representatives avoids theatrics and passes the debt limit bill. (2) Fed officials call not for a pause, but for a skip on the next interest rate hike despite a surge in job openings. (3) The former Bank of England rate setter Michael Saunders tells us the worst is yet to come for the UK economy. (4) As Pride month begins, we speak to City workers about navigating their LGBT+ identities in the office. See omnystudio.com/listener for privacy information.

Jamie Dimon is in Shanghai for JPMorgan's China summit. It's the first time the bank's flagship event is being held in person since 2019. Bloomberg News sat down for a wide-ranging, exclusive interview with the JPMorgan CEO. Here is his interview with Bloomberg's Stephen Engle. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Jamie Dimon tells us the US will trade less with China, but still needs a relationship. (2) The US debt ceiling bill clears first Congressional hurdle ahead of a vote today. (3) UK business confidence falls for the first time in three months (4) Nvidia touches a 1 trillion dollar market cap after beating rivals to the AI boom. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Joe Biden and Kevin McCarthy lobby lawmakers to pass their debt ceiling deal (2) Britain's shops see yet another inflation record (3) Spain's Prime Minister Pedro Sanchez calls an early election after heavy regional losses. (4) Elon Musk is expected to visit China this week for the first time in three years. See omnystudio.com/listener for privacy information.

Klarna was once Europe’s most valuable startup. It offers buy now, pay later credit for about 150 million shoppers globally looking to spread the cost of online purchases. The company has targeted expansion in the US after raising $800 million last year. That process saw its valuation slashed to $6.7 billion from about $45.6 billion as inflation and higher rates pressured its business model. CEO Sebastian Siemiatkowski joined Bloomberg's Caroline Hepker, Tom Mackenzie and Leigh-Ann Gerrans to discuss everything from the investment landscape to how AI is changing the business. See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week, including a preview of the US May Jobs Report, a look inside to the Treasury Department's Payment Structure as Congress continues their debt ceiling standoff, what China's PMIs is telling us about China's economic recovery, and why ECB bankers are looking forward to the upcoming inflation data. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Chancellor says he's in favour of higher rates even if it causes a recession. (2) A US debt deal begins to take shape as the Treasury gets down to its last $50bn. (3) Asset managers attack a plan to force pensions into a UK growth fund. (4) Cathie Woods's flagship ARKK Fund sold Nvidia stake just before the stock surged. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Fitch considers cutting America's AAA rating as a debt default looms. (2) UK borrowing costs soar, leaving Sunak and Bailey with little room for manoeuvre. (3) Fed officials lean towards skipping a June rate hike. (4) Nvidia shares skyrocket on AI processor forecast. See omnystudio.com/listener for privacy information.

Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Labour Shadow Chancellor Rachel Reeves pitches a supply-side intervention. (2) A US debt deal remains elusive with the two sides in a standoff. (3) The Bundesbank President says 'several' more ECB hikes will be needed. (4) LVMH stock rout wipes $11 billion off Bernard Arnault's fortune. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Jamie Dimon warns rates could hit 7% as Fed hawks say more hikes are needed (2) Biden and McCarthy say a default is off the table, but fail to agree a deal (3) JPMorgan expects investment banking and market revenue to drop by 15%. (4) Carl Icahn speaks to Bloomberg after a Hindenburg Research report leaves him $15 Billion poorer. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) China bans Micron semiconductors as their chips battle with the US heats up. (2) US debt ceiling talks restart ahead of a Biden-McCarthy sit down. (3) The Fed's Kashkari says he's open to a temporary rate pause. (4) Property sellers up prices, but is anyone buying? See omnystudio.com/listener for privacy information.

Thursday the 18th of May was Global Accessibility Awareness Day. Caroline Casey is a disability activist and founder of the Valuable 500 who works with businesses from Apple to BAE Systems. She spoke to Caroline Hepker and Lizzy Burden about the issues of access and inclusion in the workplace. See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with John Tucker takes a look at some of the stories we'll be tracking for you in the next week including the coming Fed minutes, the official launch of Florida governor Ron DeSantis' campaign for the GOP presidential nomination, here comes Bloomberg's Qatar Economic Forum, and why we should be watching China's EV market very closely right now. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK unveils its long-trailed semiconductor strategy. (2) Congressional leaders signal that they're close to a deal on the debt ceiling. (3) Man Group's new CEO speaks exclusively to Bloomberg, the first female leader in the firm's 240-year history. (4) The banking crisis bonus no one wanted. Regulators put remunerations back in their cross hairs. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rishi Sunak says he's fully aligned with the US as the UK considers China investment curbs. (2) Biden and McCarthy voice cautious optimism on a debt deal (3) Deutsche Bank agrees to settle with Epstein victims for 75 million dollars (4) Meta faces a record EU privacy fine of more than 800 million dollars See omnystudio.com/listener for privacy information.