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(1053)

Apple Slashes Headset Production Forecast & Tesla's Electrifying  Sales

Apple Slashes Headset Production Forecast & Tesla's Electrifying Sales

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Reports from the Financial Times suggest Apple is slashing production forecasts for its mixed-reality heads...

3 Jul 202315min

Bloomberg Daybreak Weekend: Jobs, Fed, AI, Europe

Bloomberg Daybreak Weekend: Jobs, Fed, AI, Europe

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 the coming jobs report, big annual economic in the south of France,...

1 Jul 202335min

China Growth Worries & Goldman Loses M&A Top Spot

China Growth Worries & Goldman Loses M&A Top Spot

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China's growth momentum continues to slow as stimulus announcements fall flat. (2) The US is reportedly look...

30 Jun 202316min

London's Listing Rules Plan Attacked & Man United Takeover Overtime

London's Listing Rules Plan Attacked & Man United Takeover Overtime

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Pension funds attack plans to loosen London's listing rules as TheCityUK gets set for its annual conference....

29 Jun 202316min

UBS To Cut More Than Half of Credit Suisse's 45,000 Staff

UBS To Cut More Than Half of Credit Suisse's 45,000 Staff

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UBS is planning to cut more than half of Credit Suisse's 45,000-strong workforce. (2) Investment banking re...

28 Jun 202316min

UPDATE: BOE Set to Tip UK Into Recession & Odey Suspends Two Funds

UPDATE: BOE Set to Tip UK Into Recession & Odey Suspends Two Funds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bloomberg Economics says higher rates will push UK into recession by the end of the year (2) Putin labels ...

27 Jun 202317min

Putin Talks Tough & Odey Suspends Flagship Fund

Putin Talks Tough & Odey Suspends Flagship Fund

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Putin labels Wagner mercenary commanders 'traitors' as Prigozhin denies coup attempt. (2) Central bankers h...

27 Jun 202317min

Putin Under Pressure & HSBC Moves London HQ

Putin Under Pressure & HSBC Moves London HQ

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Questions grow over the Russian leader's grip on power as an almost-coup is averted. (2) Sunak backs the Ba...

26 Jun 202317min

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