Bloomberg Daybreak: Europe Edition

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:  (1) Business leaders tells us the government has failed to meet the twin challenges of Brexit and the foreign subsidies arms race. (2) 167 years of independence come to an end -- UBS finalizes it takeover of troubled rival Credit Suisse. (3) Odey Asset Management removes its founder following fresh assault allegations. (4) Boris Johnson quits parliament and the former Scottish First Minister Nicola Sturgeon is arrested.  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. Former London Stock Exchange CEO Xavier Rolet tells Bloomberg’s Caroline Hepker that now is the time for thoughtful, radical reform. He wants the UK and Europe to prioritise equity to help fund businesses, rather than favouring bank lending. 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.

 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 decisions from the Federal Reserve and the Bank of Japan, plus Treasury Secretary Janet Yellen heads to Capitol Hill, and, why tech is going to be in focus in Europe in the coming days.  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 world's biggest banks pull back from hedge fund manager Crispin Odey. (2) Donald Trump is charged over his refusal to return classified documents. (3) Sunak secures Biden's backing on AI and agreements for closer economic cooperation. (4) Citi dismantles its foreign-exchange strategy team. 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 Prime Minister engages in Baseball Diplomacy on US trip. (2) Ray Dalio warns that the US is at the start of a debt crisis. (3) The UK's financial watchdog tightens crypto marketing rules. (4) Kim Kardashian draws a crowd with her private equity pitch.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 PM Rishi Sunak heads to the Washington for talks with President Biden. (2) Ukraine's Economy Minister tells Bloomberg Russia is to blame for destroying a key dam. (3) The SEC accuses Coinbase of running an illegal exchange. (4) PGA agrees to merge with LIV, creating a global golf superpower.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 launches a three and a half thousand dollar mixed reality headset. (2) The SEC accuses Binance of being "engaged in an extensive web of deception". (3) Russia and Ukraine engage in fierce front line fighting. (4) Tech firms warn the UK is losing its business allure.See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Oil surges as Saudi Arabia goes it alone with a one million barrel supply cut. (2) Reports from the WSJ suggest the US could raise capital requirements by 20% for large lenders. (3) The UK widens its lead as Europe's favored destination for FDI in the financial sector. (4) Morgan Stanley warns a 16% drop in US profits will kill the American equity rally. (5) Workers tell Bloomberg that ending hybrid working is a deal breaker. See omnystudio.com/listener for privacy information.

June is Pride Month, dedicated to celebrating LGBT+ communities. To mark this, Daybreak Europe brought together four people in the early stages of their careers in finance, law and engineering. They spoke to Stephen Carroll about how they navigate their identity at work and why inclusive leadership matters.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 a preview of Apple's WWDC, UK Prime Minister Rishi Sunak's trip to Washington, Japan's latest GDP and some new entries into the 2024 Presidential race. See omnystudio.com/listener for privacy information.