Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

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.

Episoder(1040)

UPDATE: British GDP Shrinks &  A UK iPhone Price Cut

UPDATE: British GDP Shrinks & A UK iPhone Price Cut

On Today's Podcast(1) The UK economy shrank at the fastest pace in seven months in July, reviving fears that a recession may be under way. (2) BP's CEO Bernard Looney has resigned over failing to full...

13 Sep 202312min

BP CEO Quits, Apple Upgrades & A Yemen Rift

BP CEO Quits, Apple Upgrades & A Yemen Rift

On today's podcast(1) BP's CEO Bernard Looney has resigned over failing to fully disclose past relationships with colleagues. (2) Apple has launched a range of upgraded iPhones and raised the price of...

13 Sep 202316min

UPDATE: UK Jobs Market Weakens, JPMorgan CEO Slams Regulators & Apple's iPhone Launch

UPDATE: UK Jobs Market Weakens, JPMorgan CEO Slams Regulators & Apple's iPhone Launch

On today's podcast:(1) The portion of people out of work and looking for a job in the UK rose to 4.3% in the three months through July. (2) JP Morgan CEO Jamie Dimon calls for more 'more humility' fro...

12 Sep 202315min

Jamie Dimon Slams Regulators, The EU's Tech Enforcer & Apple's Big Day

Jamie Dimon Slams Regulators, The EU's Tech Enforcer & Apple's Big Day

On today's podcast:(1) JP Morgan CEO Jamie Dimon calls for more 'more humility' from regulators as he criticises their capital plans. (2) Apple gears up for a high-stakes iPhone launch as fears of a C...

12 Sep 202313min

Xi 'Has His Hands Full', UK-China Spying & Far Right Strength In Europe

Xi 'Has His Hands Full', UK-China Spying & Far Right Strength In Europe

On today's podcast:(1) President Biden says China's economic challenges make a Taiwan invasion unlikely. (2) The UK's Prime Minister confronts the Chinese premier over a Parliamentary spying arrest. (...

11 Sep 202316min

Bloomberg Daybreak Weekend: Apple, ECB Decision, China

Bloomberg Daybreak Weekend: Apple, ECB Decision, China

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 the new iPhone 15, the upcoming ECB rate decision, and Ch...

9 Sep 202335min

Goldman CEO Rejects 'Caricature' & Bogus Plane Parts Supplier May Have Fake Employees

Goldman CEO Rejects 'Caricature' & Bogus Plane Parts Supplier May Have Fake Employees

On today's podcast:(1) The Goldman CEO says media attacks have reduced him to a 'caricature'. (2) Beijing's growing government iPhone ban sparks fears of a Chinese consumer backlash. (3) The White Hou...

8 Sep 202317min

UPDATE: China Widens iPhone Ban & UK Property Prices Fall

UPDATE: China Widens iPhone Ban & UK Property Prices Fall

Your morning briefing. The news you need in just 15 minutes.On today's podcast:(1) China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state co...

7 Sep 202315min

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