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)

Daybreak Weekend: Tesla Earnings, European Banks, Auto Show China

Daybreak Weekend: Tesla Earnings, European Banks, Auto Show China

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 U.S core PCE and GDP data, and Tesla earnings. In the UK –...

20 Apr 202438min

Israel Strikes Iran, Oil Jumps & Stocks Tumble

Israel Strikes Iran, Oil Jumps & Stocks Tumble

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israel launched a retaliatory strike on Iran less than a week after Tehran’s rocket and drone barrage, accor...

19 Apr 202414min

Bailey Bullish On Inflation Fight, UBS Job Cuts & EU ‘Paradigm Shift’

Bailey Bullish On Inflation Fight, UBS Job Cuts & EU ‘Paradigm Shift’

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey said the UK and the rest of Europe are facing less of an inflation ...

18 Apr 202416min

UK Inflation Overshoots, Powell Signals Cut Delay & Dimon Talks AI Jobs Impact

UK Inflation Overshoots, Powell Signals Cut Delay & Dimon Talks AI Jobs Impact

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to unwind b...

17 Apr 202416min

Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cu...

17 Apr 202420min

Israel Vows Response, China Growth Fades & Criminalising Deepfakes

Israel Vows Response, China Growth Fades & Criminalising Deepfakes

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Top Israeli military officials reasserted that their country has no choice but to respond to Iran's weekend ...

16 Apr 202417min

Race To Avert Israel-Iran War, Oil Holds Steady & iPhone Shipments Plunge

Race To Avert Israel-Iran War, Oil Holds Steady & iPhone Shipments Plunge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The huge salvo of missiles and drones launched from the arid plains of Iran toward Israel was the kind of di...

15 Apr 202416min

Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

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 the IMF and World Bank meetings, and U.S Retail sales. In ...

13 Apr 202438min

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