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(1056)

OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

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20 Nov 202317min

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Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to B...

18 Nov 202334min

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

On today's podcast: (1) Alphabet CEO Sundar Pichai said he expects China to be "at the forefront" of artificial intelligence, and said it's important for the US to collaborate with the Asian nation on...

17 Nov 202320min

Gaza Hospital Raid Weapons Claims & China's President Doesn't Want A 'Hot War'

Gaza Hospital Raid Weapons Claims & China's President Doesn't Want A 'Hot War'

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Xi Jinping said China wants to be friends with the US and said his nation won't fight a war with a...

16 Nov 202316min

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) Israeli troops entered Gaza's Shifa hospital compound as part of a "precise and targeted operation" agains...

15 Nov 202314min

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:1)   David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s w...

14 Nov 202316min

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Senior officials in Israel and the US suggested that talks on securing the release of Hamas-held hostages a...

13 Nov 202316min

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.1) We preview this week's upcoming CPI and PPI data 2) The Dubai Airshow kicks off th...

11 Nov 202334min

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