Bloomberg Daybreak: Europe Edition

About 40 Die In Swiss Fire, ‘Powerful’ Euro Symbol, Tech Leads Stock Gains

6 snips
Jan 2, 2026
Tiwa Adebayo, a dedicated news reporter, provides an on-the-spot report about a devastating fire in Crans-Montana that claimed around 40 lives during New Year celebrations. She shares powerful eyewitness accounts and details of the extensive emergency response. The conversation also touches on Christine Lagarde’s remarks about Bulgaria joining the euro area, showcasing Europe’s resilience amid challenges. Additionally, the tech sector, particularly AI and chipmaking, is highlighted as a major driver of stock market gains.
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ANECDOTE

Tragic Bar Fire In Crans-Montana

  • A candle reportedly on top of a bottle ignited the ceiling at Le Constellation Bar during New Year celebrations.
  • Tiwa Adebayo says about 40 people were killed and 115 injured as emergency services rushed to the scene.
INSIGHT

Euro Entry Is A Political Signal

  • Christine Lagarde called Bulgaria joining the euro a testament to European cooperation amid headwinds.
  • The move comes despite EU criticism of Bulgaria's rule-of-law progress and recent domestic political turmoil.
INSIGHT

AI And Chips Drive Market Start

  • AI and chipmakers continued to dominate market moves as stocks opened the new year with gains.
  • Precious metals also advanced, building on their best annual performances since 1979.
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