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)

Why Britain Isn’t Such a Basket Case Anymore, at Least to Investors

Why Britain Isn’t Such a Basket Case Anymore, at Least to Investors

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) There’s a new sense of optimism in the UK as a global investment destination ahead of a general election lat...

5 Mar 202422min

Hunt's Budget Inflation Risk & Germany's Property Bubble

Hunt's Budget Inflation Risk & Germany's Property Bubble

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK Chancellor of the Exchequer Jeremy Hunt said his budget will be "prudent" and "responsible," as he tried...

4 Mar 202416min

Daybreak Weekend: Jobs Report, Jay Powell Speaks, Government Spending

Daybreak Weekend: Jobs Report, Jay Powell Speaks, Government Spending

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 - Jobs Report, Jay Powell on Capitol Hill and Target earnings In the UK -...

2 Mar 202437min

Is There A Bullish Case For Britain?

Is There A Bullish Case For Britain?

The UK’s reputation as a global investment destination hit rock bottom last April, when Microsoft President Brad Smith said The European Union was a more attractive place to start a business.Yet 10 mo...

1 Mar 202441min

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Left-wing disrupter George Galloway won a seat in the UK Parliament in a special election that underscored...

1 Mar 202416min

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Supreme Court’s decision to take up Donald Trump’s bid for immunity from criminal prosecution raises th...

29 Feb 202416min

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street's biggest banks have seen staffing levels surge in Paris despite the fact that many of those f...

28 Feb 202422min

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Sweden has cleared the final obstacle to gaining NATO membership in a move that will solidify the alliance...

27 Feb 202416min

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