Trump Ends Canada Talks, China Pledges 'Self-Reliance', Nigel Farage's BOE Plan

Trump Ends Canada Talks, China Pledges 'Self-Reliance', Nigel Farage's BOE Plan

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) US President Donald Trump is aiming for a quick win in a pivotal Thursday meeting with Chinese counterpart Xi Jinping, even if the outcome falls short of the sweeping deal he’s teased on issues at the heart of the rivalry between the world’s two largest economies.

(2) China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade war with the US.

(3) Oil was on track for the biggest weekly gain since June after US sanctions on major Russian producers upended the market, raising the prospect for supply disruptions and greater demand for alternative grades.

(4) Binance co-founder Changpeng Zhao has received a pardon from Donald Trump, one of the biggest moves yet by the president to fully embrace the crypto industry and give legal reprieves to some of its most prominent people.

(5) Reform UK leader Nigel Farage says Bank of England Governor Andrew Bailey has "had a good run." Speaking to Bloomberg's Mishal Husain, he adds: "We might find someone new."

Podcast Conversation: ChatGPT Is a Bad Personal Shopper — But It’s Learning

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First Republic Shored Up and Credit Suisse's Future

First Republic Shored Up and Credit Suisse's Future

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UPDATE: Credit Suisse Shares Go On A Wild Ride

UPDATE: Credit Suisse Shares Go On A Wild Ride

Your morning briefing. The news you need in just 15 minutes. .On today's podcast: (1) Credit Suisse shares open sharply up after yesterday’s massive sell off (2) Saudi National Bank's Chairman tries t...

16 Maalis 202322min

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Credit Suisse Taps $54 Billion of Central Bank Funding Amid Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse taps up to $54 billion of central bank funding. (2) Financial stocks take a hammering as Credit Suiss...

16 Maalis 202317min

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Bloomberg's Budget Breakdown And HSBC Cuts Promoted Bankers' Pay

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Chancellor gets set to announce a budget plan for business investment. (2) A US drone collides with a Russian f...

15 Maalis 202317min

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

UPDATE: Massive Moves In Bond Markets And Credit Suisse Finds 'Material Weakness' In Reporting

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Credit Suisse finds 'material' control lapses after SEC prompt (2) Two-year treasury's yields rebound after the big...

14 Maalis 202327min

Massive Moves In Bond Markets As SVB Fallout Continues

Massive Moves In Bond Markets As SVB Fallout Continues

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Two-year treasury yields see some rebound after the biggest plunge in decades. (2) Traders bet on a Federal Reserve...

14 Maalis 202317min

UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1

UPDATE: HSBC buys the UK division of Silicon Valley Bank for £1

(1) HSBC buys the UK division of Silicon Valley Bank for a nominal fee. (2) US authorities protect SVB deposits in a bid to avert contagion. (3) Sunak says that a plan to support UK tech businesses wi...

13 Maalis 202316min

Bloomberg Daybreak Weekend: Eco Data, Budgets, Elections

Bloomberg Daybreak Weekend: Eco Data, Budgets, Elections

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 look at upcoming economic data, The UK Chancellor’s budget propos...

11 Maalis 202335min

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