Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - we preview Apple earnings and look ahead to the Fed Meeting In the UK  - we look ahead to the Bank of England rate decision In Asia - we talk a look at the over picture of the Chinese economy See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Apple is embarking on a historic overhaul of its iOS, Safari and App Store offerings in the European Union, aiming to placate regulators set to impose tough new antitrust rules. (2) The US has pulled further ahead of China in the race for world's biggest economy, thanks in part to a vibrant American consumer. (3) Intel Corp. tumbled in late trading after delivering a disappointing forecast on Thursday, renewing doubts about a long-promised turnaround at the once-dominant chipmaker. (4)  Bank of America is splitting a roughly $800 million pool of restricted stock with the majority of its staff, boosting compensation to retain employees even as the bank works to keep a lid on expenses. (5) Many consumers are shunning foreign brands such as Starbucks and Coke as the Israel-Hamas conflict's repercussions spread.   See omnystudio.com/listener for privacy information.

Tesla's CEO Elon Musk plans to launch a low-cost car next year; Boeing faces production issues for its 737 Max aircraft; UK billionaire Joe Lewis pleads guilty to passing inside corporate information; President of Rwanda, Paul Kagame, receives praise abroad but faces allegations of suppressing dissent; Pay for senior investment bankers in Asia drops due to a lack of deals.

Former President Donald Trump wins New Hampshire primary, solidifying his status as likely GOP nominee. Alaska Air finds loose bolts on many Boeing 737 Max 9 aircraft. Apple shifts to a less ambitious design for its electric vehicle project. Netflix gains 13.1 million customers in Q4 2023. Turkey's parliament approves Sweden's NATO accession.

US and UK airstrikes on Houthi targets in Yemen. Concerns over existential threat for Israel. China's plan to stabilize stock market. Bank of Japan's policy uncertainty. Bill Gross advises Fed on balance sheet. Red flags for financial crime with shell companies.

Ron DeSantis drops out of US presidential race and endorses Donald Trump. Hedge funds led by billionaires Chris Hohn and Ken Griffin had an exceptional year with combined gains worth $218 billion. Storm Isha causes diversions and disruptions for flights to the UK and Ireland. Germans protest against far-right extremism and the anti-immigrant AfD party. London's landscape of corporate brokers is facing upheaval and new advisers are sought.

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US - we preview Netflix earnings and look ahead to inflation data In the UK  - We look ahead to the  first European Central Bank meeting of the year In Asia - will the Bank of Japan end the World's last negative interest rate In Washington - we head to New Hampshire for the country's first primary election of 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) The Chancellor Jeremy Hunt has told Bloomberg that Britain is a safe harbour for investors in an increasingly unstable world. Speaking on the sidelines of the World Economic forum in Davos, Hunt also hinted at tax cuts in the March budget as a way to deliver growth. (2) Houthi militants in Yemen fired missiles at an American-owned commercial vessel on Thursday, the same day President Joe Biden acknowledged US airstrikes have not halted the Red Sea attacks. (3) Our Economics and Government Editor Stephanie Flanders joins us to look back at the week that was in Davos and what we learned from the gathering of business and political leaders.  (4)Israel will insist on security control over the West Bank and Gaza Strip in the foreseeable future after the war, Prime Minister Benjamin Netanyahu said, rejecting rule by the Palestinian Authority despite calls from the US. (5) Congress passed a temporary spending bill to avert a partial US government shutdown this weekend, sending the legislation to the White House, where President Joe Biden plans to sign it. (6) JPMorgan Chase & Co. raised Chief Executive Officer Jamie Dimon’s pay to $36 million for 2023, a year in which the bank notched the highest profit in the history of American banking.See omnystudio.com/listener for privacy information.

On today's podcast:(1) The Pakistani military carried out targeted strikes against militant hideouts in Iran after Tehran launched similar attacks the day before, in an escalation of tensions.  (2) The US launched another round of strikes on Yemen's Houthis overnight as the Iran-backed militant group continues to roil global shipping markets with attacks around the Red Sea. (3) Apple was slighted by Netflix, which said it's not bothering to make an app for the Vision Pro just weeks ahead of the headset's debut. The company was also forced to sell watches without its blood oxygen feature starting today. And it may also face a DOJ antitrust lawsuit as early as March. (4) Rishi Sunak's plan to deport asylum seekers survived a key vote after most rebels fell in line, but the saga further dented his authority before a general election later this year. (5) Britain's biggest banks have a new problem on the horizon: car loans. The Financial Conduct Authority has reached out around a dozen banks about their auto lending practices, according to people familiar with the matter. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Confidence in the resilience of the global economy is cheering up the Davos crowd against a backdrop of war and prospective political upheaval in the year ahead.  (2) Data released Wednesday presented a mixed bag for China's economy, which hit an official growth target for the year but has failed to shake off several of the problems most persistently weighing on domestic demand and confidence. (3) Federal Reserve Governor Christopher Waller says the US central bank should take a cautious and systematic approach when it begins cutting interest rates, a process that can start this year absent a rebound in inflation. (4) Rishi Sunak suffered a major setback as a right-wing politician whom he made deputy chairman of the governing Conservative Party to boost support ahead of a looming UK general election resigned over the prime minister's refusal to toughen his signature anti-immigration bill. (5) Zelenskiy turns on Davos charm with humor, handshakes and hugs. The Ukrainian president spent 24 hours pitching the Wall Street elite for investment and patching up ties with old allies as part of a push to shore up the faltering war effort. See omnystudio.com/listener for privacy information.