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(1059)

French Bond Rout Deepens, Yen Falls After BOJ Meeting & Reform Overtakes Tories

French Bond Rout Deepens, Yen Falls After BOJ Meeting & Reform Overtakes Tories

Your morning briefing, the business news you need in just 15 minutes. On Today's Podcast: (1) The Bank of Japan is making investors wait until its July meeting for details on its paring of bond buying...

14 Jun 202417min

Fed Signals One Cut & Labour’s Private Equity Tax Hike

Fed Signals One Cut & Labour’s Private Equity Tax Hike

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve officials have dialed back their expectations for interest-rate cuts this year, though Cha...

13 Jun 202417min

French 'Liz Truss Scenario' Warning, Fed Decision Day & Meloni's Challenge

French 'Liz Truss Scenario' Warning, Fed Decision Day & Meloni's Challenge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1)  Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one spark...

12 Jun 202420min

Tory Manifesto Revolt & Apple Brings ChatGPT to iPhones

Tory Manifesto Revolt & Apple Brings ChatGPT to iPhones

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rishi Sunak faced last-minute calls by cabinet ministers to add new tax cuts and a tougher migration policy ...

11 Jun 202416min

Far Right Surges in EU Elections & Macron's Snap Poll Gamble

Far Right Surges in EU Elections & Macron's Snap Poll Gamble

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) After a crushing defeat in the European Parliament election on Sunday, French President Emmanuel Macron call...

10 Jun 202416min

Daybreak Weekend: Fed Preview, London Tech Week, India Eco Data

Daybreak Weekend: Fed Preview, London Tech Week, India Eco Data

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 preview of next week’s U.S CPI data and Fed decision, and a look at A...

8 Jun 202438min

EU Elections, ECB Next Move & Putin’s Wartime Central Banker

EU Elections, ECB Next Move & Putin’s Wartime Central Banker

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) After a series of recent setbacks, Europe’s far-right parties are aiming for gains in elections to the Europ...

7 Jun 202415min

ECB Set To Begin Cuts, FTSE New Joiners & Europe's Africa Energy Gamble

ECB Set To Begin Cuts, FTSE New Joiners & Europe's Africa Energy Gamble

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The European Central Bank is poised to start lowering interest rates from record highs, confident that infla...

6 Jun 202416min

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