Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

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 Bloomberg Intelligence...Nvidia is likely to report another beat in its fiscal 3Q earnings results and guidance.

2) In the UK: Chancellor of the Exchequer Jeremy Hunt likely has limited scope to ease fiscal policy in his upcoming Autumn Statement. Bloomberg Economics expects near-term growth and inflation impact of the Autumn Statement will be broadly neutral.

3) In Asia: The Biden administration’s decision to remove a Chinese organization from a sanctions list as part of a deal to combat the fentanyl crisis marks an unusual concession to Beijing’s complaints over US trade restrictions.

4) In Washington: President Joe Biden signed a stopgap bill to extend government funding into early 2024, averting a government shutdown for now but kicking a politically-divisive debate over federal spending into a presidential election year.

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Episoder(1047)

UK Inflation Upside Surprise  & Nvidia Earning Expectations

UK Inflation Upside Surprise & Nvidia Earning Expectations

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) UK inflation cooled less than expected last month due in part to lingering price pressures at restaurants an...

22 Mai 202416min

ICC Seeks Netanyahu War Crimes Charge & Scarlett Johansson's Open AI Clash

ICC Seeks Netanyahu War Crimes Charge & Scarlett Johansson's Open AI Clash

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The chief prosecutor for the International Criminal Court said Monday he is seeking arrest warrants for Isr...

21 Mai 202416min

Iran's President and Foreign Minister Killed In Helicopter Crash

Iran's President and Foreign Minister Killed In Helicopter Crash

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  Iranian President Ebrahim Raisi has been killed in a helicopter crash in a mountainous area of the countr...

20 Mai 202415min

Daybreak Weekend: Nvidia Earnings, G7 Meeting, Taiwan President

Daybreak Weekend: Nvidia Earnings, G7 Meeting, Taiwan President

In the US – a preview of home sales data and Nvidia earnings. In the UK – a look at the upcoming meeting of G7 finance ministers and central bankers in Italy. In Asia – a preview of the inauguration o...

18 Mai 202438min

China's Growing Economic Challenge & Europe's Shaky Energy Bet

China's Growing Economic Challenge & Europe's Shaky Energy Bet

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China’s retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighti...

17 Mai 202416min

Slovak PM Assassination Attempt & Russia-China 'Generational' Relationship

Slovak PM Assassination Attempt & Russia-China 'Generational' Relationship

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Slovak Prime Minister Robert Fico suffered life-threatening injuries after being shot in public, the first a...

16 Mai 202414min

China May Buy Unsold Homes & Powell Doubles Down

China May Buy Unsold Homes & Powell Doubles Down

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) China is considering a proposal to have local governments across the country buy millions of unsold homes, ...

15 Mai 202416min

France's Macron Floats Big Bank Takeovers In Exclusive Interview

France's Macron Floats Big Bank Takeovers In Exclusive Interview

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) President Emmanuel Macron says he would be open to seeing a major French bank being taken over by a Europea...

14 Mai 202428min

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