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(1072)

Biden Talks ‘Younger Voices’, $1 Trillion AI Tailspin & An Earnings Bonanza

Biden Talks ‘Younger Voices’, $1 Trillion AI Tailspin & An Earnings Bonanza

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:(1) President Joe Biden framed his momentous decision to drop out of the 2024 race as a bid to unify the natio...

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Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Deutsche Bank said it will most likely refrain from conducting a second share buyback this year, after suf...

24 Jul 202416min

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla reported its fourth straight quarter of disappointing profits on Tuesday, and Chief Executive Officer ...

24 Jul 202416min

Kamala Harris  Seals Status As Presumptive Democrat Nominee

Kamala Harris Seals Status As Presumptive Democrat Nominee

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, fol...

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Biden Exits Presidential Race And Endorses Harris As Donations Surge

Biden Exits Presidential Race And Endorses Harris As Donations Surge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US President Joe Biden abandoned his reelection bid, bowing to relentless pressure from Democrats to drop ou...

22 Jul 202422min

Daybreak Weekend: Tesla Earnings, Paris Olympics, U.S Election

Daybreak Weekend: Tesla Earnings, Paris Olympics, U.S Election

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S GDP and Core PCE data, and a preview of Tesla earni...

20 Jul 202438min

Global Tech Outage Wreaks Havoc, Trump Talks Shooting & Biden Campaign Hits New Low

Global Tech Outage Wreaks Havoc, Trump Talks Shooting & Biden Campaign Hits New Low

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday...

19 Jul 202416min

Trump Speech On Shooting, Unity And Critics & Biden Faces Public Calls To Quit

Trump Speech On Shooting, Unity And Critics & Biden Faces Public Calls To Quit

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Donald Trump delivered his first public address since surviving a failed assassination attempt, relating an ...

19 Jul 202422min

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