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(1058)

Rate Cut Hopes Dashed & Iran Strike On Israel ‘Imminent’

Rate Cut Hopes Dashed & Iran Strike On Israel ‘Imminent’

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Investors are signaling the Federal Reserve will cut interest rates just twice this year, starting in Septem...

11 Apr 202418min

Waiting On US Inflation Data & 7.4 Million Struggling To Pay Bills

Waiting On US Inflation Data & 7.4 Million Struggling To Pay Bills

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Today's CPI data is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, w...

10 Apr 202415min

A $10 Trillion Reckoning & Fed Officials Predict Cuts

A $10 Trillion Reckoning & Fed Officials Predict Cuts

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for w...

9 Apr 202416min

The UK's Three Trillion Pound Man & Yellen's China Charm Offensive

The UK's Three Trillion Pound Man & Yellen's China Charm Offensive

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Robert Stheeman, the bond market whisperer who raised £3 trillion for Britain warns liquidity is paramount ...

8 Apr 202419min

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

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 CPI data and bank earnings. In the UK – a look at next...

6 Apr 202438min

Milei's China Shift, US Jobs Outlook & Oil Tops $90

Milei's China Shift, US Jobs Outlook & Oil Tops $90

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Speaking Exclusively to Blooomberg Argentina's President Javier Milei says he won't touch existing trade ag...

5 Apr 202415min

Powell Wants Time, Apple Explores Robots & A Swiss Finance Overhaul

Powell Wants Time, Apple Explores Robots & A Swiss Finance Overhaul

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 for clearer signs of lower inflation be...

4 Apr 202416min

Major Quake Hits Taiwan, Tesla's Massive Miss & Three Cuts This Year

Major Quake Hits Taiwan, Tesla's Massive Miss & Three Cuts This Year

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Taiwan's strongest earthquake in a quarter of a century leveled dozens of buildings on the eastern side of ...

3 Apr 202415min

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