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(1044)

Daybreak Weekend: Retail Earnings, European Banking, Japan Eco

Daybreak Weekend: Retail Earnings, European Banking, Japan Eco

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to housing data and retail earnings. In the UK – a loo...

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Putin-Trump Alaska Meeting, London Job Losses, Football's Private-Debt Boom

Putin-Trump Alaska Meeting, London Job Losses, Football's Private-Debt Boom

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian President Vladimir Putin sought to strengthen his rapport with Donald Trump ahead of their summit,...

15 Aug 202516min

Bond Rally Extends, Trump Delivers Putin Warning, Orban’s Grip Slipping

Bond Rally Extends, Trump Delivers Putin Warning, Orban’s Grip Slipping

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US Treasuries held onto gains after traders boosted bets that the Federal Reserve will cut interest rates ...

14 Aug 202516min

Stocks Hit Record High, Trump Targets Goldman, Mega-Batteries Mega Trade

Stocks Hit Record High, Trump Targets Goldman, Mega-Batteries Mega Trade

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a ...

13 Aug 202515min

China Tariff Hike Averted, Oasis Inflation Driver, Global US Data Addiction 

China Tariff Hike Averted, Oasis Inflation Driver, Global US Data Addiction 

On today's podcast:(1) President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, stabilizing trade ties between the world’s two largest econ...

12 Aug 202521min

Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit’s Losers

Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit’s Losers

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia and Advanced Micro Devices agreed to pay 15% of their revenues from Chinese AI chip sales to the US...

11 Aug 202516min

Daybreak Weekend: US Inflation, Renewable Energy, RBA Decision

Daybreak Weekend: US Inflation, Renewable Energy, RBA Decision

Bloomberg Daybreak Weekend with Guest Host Amy Morris take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI, PPI, and retail sales data, along w...

8 Aug 202538min

Israel Plans to Seize Gaza, Trump Fills Fed Seat, and 51 Million Hours of Paperwork

Israel Plans to Seize Gaza, Trump Fills Fed Seat, and 51 Million Hours of Paperwork

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israeli Prime Minister Benjamin Netanyahu secured cabinet approval on Friday for a military takeover of Gaza...

8 Aug 202517min

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