Bloomberg Daybreak: Europe Edition

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Blinken becomes the most senior US official to visit China in five years. (2) The FCA is said to restrict Odey Asset Management transactions. (3) The UK government comes under pressure over rising rates. (4) The UBS CEO hints of a "massive downsizing" of Credit Suisse's investment banking 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 Fed Chair Jay Powell heads to Capitol Hill, plus, key hearings coming on Fed nominees, decision day coming for the Bank of England, and India's Prime Minister heads to Washington while Russia is front and center. 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's Deputy Prime Minister tells us the government won't be distracted by Johnson. (2) The European Central Bank Hikes again as Lagarde says more work is needed. (3) Deutsche Bank warns trading revenue could be down by as much as 20% this quarter. (4) Henry Kissinger says China and the US are on a path towards conflict over Taiwan. 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's central bank ramps up rate cuts as the economy weakens. (2) Jerome Powell says there is near consensus on the need for 'some' further Fed hikes. (3) Citigroup's CFO warns job losses will cost the bank $400 million. (4) And WE Soda scraps it's London IPO, citing "extreme investor caution".See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK GDP finally exceeds pre pandemic levels for the first time (2) The BOE Governor laments slowly cooling inflation and labor hording. (3) The Fed prepares for a pause, but have rates also peaked? (4) Trump argues he had the right to take classified documents. 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 Fed prepares for a pause, but have rates also peaked. (2) The Bank of England Governor laments slowly cooling inflation and labor hoarding. (3) Trump argues he had the right to take classified documents. (4) Report finds a 'startling' lack of female CEOs in UK retail.See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Unemployment unexpectedly drops as wages surge, creating another headache for the BOE. (2) Silicon Valley Bank UK has been rebranded as HSBC Innovation Banking; we hear from the CEO. (3) The boss of Barclays tells us an exodus of top bankers was driven by a decision to refocus the business. (4) Goldman Sachs International CEO tells Bloomberg the bank is ending its relationship with Odey Asset Management. (5) ARM looks to Intel as an anchor investor for its US IPO. 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 boss of Barclays tells us an exodus of top bankers was driven by a decision to refocus the business. (2) Goldman Sachs International CEO tells Bloomberg the bank is ending its relationship with Odey Asset Management. (3) Citi warns traders are underestimating how much US inflation will drop ahead of today's CPI print. (4) ARM looks to Intel as an anchor investor for its US IPO. See omnystudio.com/listener for privacy information.

Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK. An investigation by the Bloomberg has found business leaders believe the government has failed to meet the twin challenges of Brexit and the foreign subsidies arms race. Martha Lane Fox, President of the British Chambers of Commerce, tells Bloomberg Radio's Caroline Hepker the UK is in the midst of a "people's crisis". Wary of talking ourselves "into a dark spot", she says businesses are holding their breath, waiting for more certainty and clarity.Britain’s Post-Brexit Policy Drift Alarms World’s Executives: https://www.bloomberg.com/news/features/2023-06-11/brexit-hurts-uk-investment-appeal-hasn-t-reduced-tax-or-regulation-execs-say?srnd=premium-ukSee omnystudio.com/listener for privacy information.

Some of the world's biggest companies are highlighting the deteriorating investment climate in the UK. An investigation by the Bloomberg has found business leaders believe the government has failed to meet the twin challenges of Brexit and the foreign subsidies arms race. Archie Norman, Chairman of Marks & Spencer, speaks to Bloomberg Radio's Caroline Hepker about the relationship between business and government post-Brexit. He says the UK government needs a profound industrial strategy to help the country compete on the world stage.Britain’s Post-Brexit Policy Drift Alarms World’s Executives: https://www.bloomberg.com/news/features/2023-06-11/brexit-hurts-uk-investment-appeal-hasn-t-reduced-tax-or-regulation-execs-say?srnd=premium-ukSee omnystudio.com/listener for privacy information.