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(1076)

Macron in Beijing and Mester Wants More

Macron in Beijing and Mester Wants More

Your morning briefing. The news you need in just 15 minutes.On today's podcast: 1) Emmanuel Macron and Ursula von der Leyen meet China's Xi Jinping in potential rapprochement. 2) Cleveland Fed's Loret...

6 Apr 202317min

Donald Trump's in Court and UBS Faces the Music

Donald Trump's in Court and UBS Faces the Music

Your morning briefing. The news you need in just 15 minutes.On today's podcast: 1) Donald Trump pleads not guilty as historic trial begins. 2) Sergio Ermotti returns as UBS CEO on AGM day with questio...

5 Apr 202322min

Credit Suisse's Last AGM and Trump's Day In Court

Credit Suisse's Last AGM and Trump's Day In Court

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Credit Suisse faces shareholders for its last AGM, its regulator now says it would have gone bankrupt (2) Do...

4 Apr 202315min

OPEC+ Shocks Oil Market and Swiss Jobs at Risk

OPEC+ Shocks Oil Market and Swiss Jobs at Risk

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The world's oil cartel OPEC+ makes a shock production cut of more than 1 million barrels a day.(2) Reports s...

3 Apr 202317min

Bloomberg Daybreak Weekend: Jobs Preview, Trump Indictment

Bloomberg Daybreak Weekend: Jobs Preview, Trump Indictment

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 March jobs report, President Biden's trip to Ireland, the chang...

1 Apr 202335min

Former President Trump Charged Over A Porn Star Hush Money Payment

Former President Trump Charged Over A Porn Star Hush Money Payment

Your morning briefing. The business news you need in just 15 minutes. On today's podcast: (1) Donald Trump has been indicted on charges related to a hush money payment to a porn star during his 2016 c...

31 Mar 202317min

Big US Banks May Need To Pay For Collapse Of Smaller Rivals

Big US Banks May Need To Pay For Collapse Of Smaller Rivals

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) US considers forcing large lenders to pay billion of dollars to cover the cost of recent bank failures. (2) Barclay...

30 Mar 202317min

UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

UPDATE: UBS Brings Back Former CEO And The €5m Trade That Tanked Markets

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) UBS rehires Sergio Ermotti as CEO to oversee the Credit Suisse takeover. (2) US Financial officials outline plans fo...

29 Mar 202322min

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