UPDATE: UBS CEO Talks Record Profits, Job Cuts & Apple Tries 3D Printing

UPDATE: UBS CEO Talks Record Profits, Job Cuts & Apple Tries 3D Printing

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

On today's podcast:

(1) UBS smashed banking profit records in the second quarter and announces plans to eliminate about 3,000 Swiss jobs.

(2) The Chinese developer Country Garden has warned that it may default on its debt and raised concerns about staying in business.

(3) Sources tell Bloomberg Apple is testing the use of 3D printers to produce the steel cases for some of its upcoming smart watches.

(4) Elon Musk's social media network X is planning to gather more data from users than ever before.

See omnystudio.com/listener for privacy information.

Episoder(1054)

The £2,300 Cost Of UK Inflation & London's Nervous High End Home Buyers

The £2,300 Cost Of UK Inflation & London's Nervous High End Home Buyers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Report says the average UK household will be £2,300 worse off by the time inflation eases next May. (2) NAT...

12 Jul 202317min

UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

UPDATE: UK Wage Growth Adds To BoE Pressure & London Bank Bonuses Plunged In 2022

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Wages rise by 7.3%, adding to the pressure on the BoE. (2) UK pension funds agree to pump billions into Bri...

11 Jul 202320min

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

UK Pensions To Be Invested In Startups & The Nasdaq Downsizes Mega Tech

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK pension funds agree to pump billions into British startups. (2) The BOE's Bailey says Inflation rate is ...

11 Jul 202316min

Biden Heads To London & The BBC Suspends A Leading Presenter

Biden Heads To London & The BBC Suspends A Leading Presenter

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Biden jets into London for talks with Sunak ahead of a crunch NATO meeting. (2) A cooling UK jobs market of...

10 Jul 202317min

Bloomberg Daybreak Weekend: Banks , NATO, China, UK

Bloomberg Daybreak Weekend: Banks , NATO, China, UK

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 bank earnings, US relations with NATO countries, the UK economy, an...

8 Jul 202334min

US Treasury Yields Spike & UK May Roll Back EU's MiFID II Rules

US Treasury Yields Spike & UK May Roll Back EU's MiFID II Rules

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:  (1) US Treasury yields soar after stronger labor market data pushes US rates bets higher. (2) UBS's global we...

7 Jul 202316min

Fed Divisions & UK Asset Managers Accused Of Risky Business

Fed Divisions & UK Asset Managers Accused Of Risky Business

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fed minutes reveal disagreement over the decision to pause in June. (2) The US Treasury Secretary, Janet Ye...

6 Jul 202316min

Why European Banks Are Worth Less Than US Rivals & Global Temperatures Hit Record High

Why European Banks Are Worth Less Than US Rivals & Global Temperatures Hit Record High

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Bloomberg Intelligence has crunched the numbers on why the share prices of European banks lag their Wall St...

5 Jul 202317min

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