ECB Uncertainty, Putin NATO Threat & OpenAI Launches 'Strawberry'

ECB Uncertainty, Putin NATO Threat & OpenAI Launches 'Strawberry'

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

On today's podcast:

(1) Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.

(2) The US and UK governments are discussing allowing Ukraine to deploy British cruise missiles backed by US navigational data to conduct long-range strikes inside Russian territory, according to people familiar with the matter.

(3) The Bank of England's former Chief Economist -- Andy Haldane -- says the Chancellor's claim of a 22-billion pound 'black hole' in government finances is 'unnecessary, unhelpful' and a 'bad' idea.

(4) Republican Donald Trump ruled out appearing at another debate with Democrat Kamala Harris two days after he delivered an uneven performance at their first showdown of the election cycle.

(5) OpenAI is releasing a new artificial intelligence model known internally as “Strawberry” that can perform some human-like reasoning tasks, as it looks to stay at the top of a crowded market of rivals.

See omnystudio.com/listener for privacy information.

Episoder(1046)

Israeli Tanks In Gaza, HSBC Results & Falling House Prices

Israeli Tanks In Gaza, HSBC Results & Falling House Prices

On today's podcast:1) Israel widened its ground offensive on the second day of expanded Israeli ground fighting in Gaza. 2) Israel's Prime Minister Benjamin Netanyahu comes under criticism over his un...

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Bank of England Decision, US Jobs Report,  and More

Bank of England Decision, US Jobs Report, and More

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.  In this episode:  Federal Reserve interest rate decision. Economists are forecasti...

28 Okt 202335min

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

On today's podcast: (1) The US said it hit two facilities in eastern Syria it believes were used by Iran’s Islamic Revolutionary Guard Corps and other groups, in what it called “self-defense strikes”(...

27 Okt 202312min

UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

On today's podcast: (1) Israel says it made limited ground raids against Hamas targets in northern Gaza overnight before withdrawing. (2) Netanyahu told Israelis a ground invasion is being prepared as...

26 Okt 202314min

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

On today's podcast: (1) Netanyahu told Israelis a ground invasion is being prepared as the country's military continues to target Hamas's leadership in Gaza. (2) US President Joe Biden said he asked I...

26 Okt 202316min

UPDATE: Israel UN Resignation Demand & European Bank Earnings

UPDATE: Israel UN Resignation Demand & European Bank Earnings

On today's podcast: 1) The Israeli ambassador to the United Nations demanded that Secretary-General Antonio Guterres resign for saying Hamas's Oct.7 attack on Israel didn't happen in a vacuum, capping...

25 Okt 202317min

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

On today's podcast:(1) Israel demands the resignation of the UN Secretary-General as tensions flare at a Security Council meeting over the Israel-Hamas war. (2) Deutsche Bank to step up payouts as len...

25 Okt 202316min

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

On today's podcast:(1) Hamas frees two more hostages from Gaza as the US sends more forces to the Middle East with world leaders calling for aid.(2) Barclays missed estimates at its investment bank an...

24 Okt 202315min

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