Bloomberg Daybreak: Europe Edition
More Gaza Hostages Released, Bond Turnaround, & Start-Up Britain
Oct 24, 2023
Billionaire investors, Bill Ackman and Bill Gross, abandon their short position on US Treasuries. Chevron pays $53 Billion in a bet on the future of oil. 25 UK startups to watch, from digital bank Monzo to wearable brain scanner company. Hostages freed by Hamas, as US sends more forces to Middle East.
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Quick takeaways
- Hamas releasing hostages from Gaza and diplomatic calls for Israel to engage and hold off on a ground invasion.
- Prominent investors abandoning short positions on US government bonds due to increased risk in the world economy and concerns about potential bond market fluctuations.
Deep dives
Brex: Streamlining Travel and Expense Management
Brex is a modern platform for travel and expense management that provides corporate cards and financial software in one solution. Its AI capabilities automate compliance tasks, boost efficiency, and enable real-time closing of books for accounting teams.
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