Bloomberg Daybreak: Europe Edition

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Hamas chief Ismail Haniyeh said his group is close to reaching a "truce agreement" in talks with Qatar and Israel, rare public comments that suggest discussions over freeing some hostages held by the militant group are progressing. (2) According to a memo seen by Bloomberg, OpenAI is once again in active discussions to reunifying the company and bring back their ousted CEO Sam Altman. (3) Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain an upside risk to the inflation outlook. (4) The shock that rippled through global housing markets as central banks rapidly raised interest rates last year has given way to a cold new reality: The real estate bonanza that fueled wealth for millions of people is over. (5) France is at risk of flouting the European Union's fiscal guidance while Germany and Italy are deemed not fully compliant, 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)  OpenAI's board hired former Twitch chief Emmett Shear as chief executive officer, defying calls from investors to reinstate the ousted Sam Altman, according to people familiar with the matter.  (2) Jeremy Hunt is set to reveal plans to cut Britain's tax burden at this week's Autumn Statement, a pivotal time for the struggling Tories in one of their few remaining set-piece events before a general election expected next year. (3) A deal for Hamas to release hostages taken during its Oct. 7 attack on Israel may be the closest yet and would require a multiday pause in the fighting, US Deputy National Security Advisor Jon Finer said. (4) Elon Musk railed against "bogus" media reports accusing him of antisemitism, issuing his strongest response yet after endorsing antisemitic content in a post on X that provoked outrage and alienated advertisers like Apple. (5) London Heathrow Airport has experienced flight delays on Sunday after staff shortages and bad weather led to limits on air traffic. See omnystudio.com/listener for privacy information.

Topics discussed include Nvidia's upcoming earnings report, UK Chancellor's limited scope for easing fiscal policy, Biden administration's concession to China on fentanyl crisis, and a stopgap bill to avert US government shutdown. Economic analysis, plans for crackdown, and challenges in combating fentanyl manufacturing are also covered.

Alphabet's CEO discusses China's role in AI and the need for collaboration. Applied Materials faces criminal investigation. UK companies can release pension funds for investment. Aston Martin team sells minority stake. Inflation data shows easing pressure. Podcast explores global cooperation on AI regulation and climate change, falling bond yields as a rate cut, and central bank communication.

China's President Xi Jinping emphasizes a desire for peaceful ties with the US. The controversy surrounding Israel's military raid on Gaza's Shifa hospital and President Joe Biden's support for Israel. UK opposition leader Keir Starmer faces challenges amidst calls for a ceasefire. Rishi Sunak battles to save his plan to deport asylum seekers. Gender disparities still present in the finance industry.

Israeli troops raid Gaza's biggest hospital in operation against Hamas. White House frustrated with Israel's conduct of war. JPMorgan CEO warns against over-reaction to short-term numbers. Citadel founder cautions against quick interest rate cuts. Former UK Home Secretary accuses Rishi Sunak of betrayal in explosive letter.

The podcast discusses the controversial appointment of David Cameron as British foreign secretary due to his relationship with China. It also highlights an agreement between Joe Biden and Xi Jinping regarding the crackdown on fentanyl. Furthermore, Janet Yellen expresses confidence in the US economy and Treasuries. JP Morgan's strategist warns against risks in stocks. The podcast concludes with an overview of the US CPI report and a vintage Ferrari race car auction.

(1) Talks on securing the release of Hamas-held hostages intensify in Israel and the US. (2) Israeli ground attacks and shelling increase around hospitals in Gaza. (3) UK faces a significant decline in house prices as sellers accept credit-constrained market reality. (4) The £262 billion trust industry in Britain faces a reckoning due to rising interest rates.

Upcoming topics include inflation data, Dubai Airshow, Biden-Xi meeting, government shutdown. Chapter 2 discusses inflation impact, forecast. Chapter 3 covers the Dubai Airshow and AI platform advertisements. Chapter 4 explores challenges for Airbus and Boeing. Chapter 5 focuses on Biden-Xi meeting and political considerations. Chapter 6 discusses the possibility of a government shutdown and challenges in Congress.

A major cyberattack hits the world's largest bank with suspected Russian ties. Fed Chief Powell discusses interest rates and possible rate cuts. Traders speculate on the Fed's future moves. UK economy contracts, Israel responds to a drone attack. Prospects of a peace deal, pressure on UK Home Secretary, US-China economic talks, vision for London as a trading hub. Cabaret event and Powell's warning about potential interest rate hikes. The impact of Russia's airspace closure on US and European airlines.