UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

UPDATE: UK GDP Shrinks, Fossil Fuels Climate Deal & Netflix Reveals All

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The UK economy shrank more than expected in October as elevated borrowing costs and wet weather took their toll, setting the stage for another quarter of stagnation that is widely forecast to persist through 2024.

(2) The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time.

(3) Germany’s ruling alliance has sealed an agreement on a revised 2024 finance plan, pushing past internal divisions laid bare after a critical funding tool was struck down by the nation’s top court.

(4) Argentina devalued the peso by 54%, overhauled its crawling peg and announced massive spending cuts to eliminate its primary fiscal deficit next year as the first steps in President Javier Milei's shock-therapy program.

(5) Netflix has released global midyear viewer data for every title on its service for the first time. The political thriller The Night Agent was the most-watched title globally in the first half of 2023, generating 812.1 million hours of viewing.

See omnystudio.com/listener for privacy information.

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Episoder(1184)

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Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing...

29 Jul 19min

Global Chip Rout Deepens, Spain & France Count Cost, Vinted's US Ambitions

Global Chip Rout Deepens, Spain & France Count Cost, Vinted's US Ambitions

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A global selloff in semiconductor stocks deepened on Tuesday, as fresh signs of China’s progress in advanced chipm...

28 Jul 19min

300,000 Flee Wildfires, Europe’s Market Mojo, French Spy Tech Shift

300,000 Flee Wildfires, Europe’s Market Mojo, French Spy Tech Shift

Your morning briefing. All the news you need to start your day.On today's podcast:(1) More than 300,000 people have fled their homes in towns and villages across France and Spain even as wildfires thr...

27 Jul 18min

Daybreak Weekend: US Tech, BOE Decision, BOJ Meeting

Daybreak Weekend: US Tech, BOE Decision, BOJ Meeting

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 the next decision from the Federal Reserve and a...

24 Jul 39min

Trump Reboots Global Tariffs, Mag 7 Lose $797B, Barclays Hunts For Growth

Trump Reboots Global Tariffs, Mag 7 Lose $797B, Barclays Hunts For Growth

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US will collect duties of between 10% and 12.5% on imports from most major trading partners, its biggest move ...

24 Jul 17min

Houthis Attack Tankers, Alphabet’s $205B Splurge, French Politics Jolts Bankers

Houthis Attack Tankers, Alphabet’s $205B Splurge, French Politics Jolts Bankers

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The Houthis, a militant group in Yemen who have been threatening to open another front in the Iran war, said they ...

23 Jul 20min

US Allies Exasperated, Creditors Court Burnham, Finland’s Public Debt Spiral

US Allies Exasperated, Creditors Court Burnham, Finland’s Public Debt Spiral

Your morning briefing. All the news you need to start your day.On today's podcast:(1) New Prime Minister Andy Burnham has approved the use of British military bases by the US for what the UK calls def...

22 Jul 20min

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