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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Macron & Xi Meet in Beijing, Meta’s Apple Talent Coup, Campari Seeks US Sunrise

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Kremlin Talks ‘Very Useful’, OpenAI CEO's Code Red, Surging Plastic Demand

Kremlin Talks ‘Very Useful’, OpenAI CEO's Code Red, Surging Plastic Demand

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Kremlin said Vladimir Putin held “very useful” talks with US envoys Steve Witkoff and Jared Kushner thou...

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Crypto’s $1 Billion Wipeout, EU Moscow Talks Warning, Litigation Finance Falters

Crypto’s $1 Billion Wipeout, EU Moscow Talks Warning, Litigation Finance Falters

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monda...

2 Des 202518min

Rachel Reeves Denies Lying, Ukraine Talks Edge Forward, Swiss Reject Super-Rich Tax

Rachel Reeves Denies Lying, Ukraine Talks Edge Forward, Swiss Reject Super-Rich Tax

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rachel Reeves denied misleading the British public about the state of the UK’s public finances ahead of her ...

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Daybreak Weekend: Tech Earnings, Middle East and Africa Summit, Labubu Craze

Daybreak Weekend: Tech Earnings, Middle East and Africa Summit, Labubu Craze

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Crowdstrike, Snowflake, and Salesf...

28 Nov 202537min

Hong Kong Death Toll Rises, Trump 'Third World' Threat,  New Subway In Europe

Hong Kong Death Toll Rises, Trump 'Third World' Threat, New Subway In Europe

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Hong Kong’s deadliest fire in decades, which killed at least 94 people and injured 76, has intensified scrut...

28 Nov 202516min

Labour’s High-Tax Gamble, Devastating Hong Kong Fire, Private Equity Resistance 

Labour’s High-Tax Gamble, Devastating Hong Kong Fire, Private Equity Resistance 

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves did enough in her budget to help her and Prime Minister Keir Starm...

27 Nov 202517min

Special Episode: Reeves Hikes Taxes After Budget Pre-Release Shambles

Special Episode: Reeves Hikes Taxes After Budget Pre-Release Shambles

UK Chancellor of the Exchequer Rachel Reeves expanded her fiscal headroom to £22 billion by upping a range of taxes including: a levy on homes valued above £2 million, increasing fuel duty, and freezi...

26 Nov 202525min

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