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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UPDATE:  A Mining Mega Takeover,  Barclays, BNP Paribas, Deutsche Bank Post Earnings, & Meta Shares Drop 19%

UPDATE: A Mining Mega Takeover, Barclays, BNP Paribas, Deutsche Bank Post Earnings, & Meta Shares Drop 19%

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) BHP Group proposed a takeover of Anglo American that values the smaller miner at £31.1 billion ($38.8 billio...

25 Apr 202419min

Meta Shares Drop 15%, A Mining Mega Takeover & European Bank Earnings

Meta Shares Drop 15%, A Mining Mega Takeover & European Bank Earnings

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Shares in Meta have dropped by as much as 19% in after-hours trading, after the social media giant said it ...

25 Apr 202416min

Tesla's Budget Car Boost, Senate Passes Ukraine Aid & Fed Hawks

Tesla's Budget Car Boost, Senate Passes Ukraine Aid & Fed Hawks

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla is accelerating the launch of less-expensive cars in a bid to revive sagging demand following another ...

24 Apr 202416min

Rwanda Deportation Bill, Goldman's Paris Move & Gucci Eyes Designer Transition

Rwanda Deportation Bill, Goldman's Paris Move & Gucci Eyes Designer Transition

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rishi Sunak’s government is preparing to get the first deportation flights to Rwanda off the ground by July ...

23 Apr 202416min

Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount

Zelenskiy Welcomes Aid, A TikTok Countdown & Tesla Woes Mount

Your morning briefing, the business news you need in just 15 minutes.  On today’s podcast:  (1) US approval of more than $60 billion in aid throws a lifeline to Ukraine’s beleaguered military, though ...

22 Apr 202416min

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

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