The City Voices Labour Frustration, Musk Unveils Cybercar & Big French Tax Hikes

The City Voices Labour Frustration, Musk Unveils Cybercar & Big French Tax Hikes

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

On today's podcast:

(1) One hundred days into Britain’s new Labour government, executives say ‘we can’t live without the details indefinitely.’

(2) Elon Musk unveiled long-awaited prototypes of a Tesla robotaxi called Cybercab, saying production may start in 2026 and that the vehicle could cost less than $30,000.

(3) The French government unveiled a budget for next year that aims to deliver a €60.6 billion ($66.2 billion) remedy for its creaking public finances and rebuild investor confidence even as it risks eviction by a hostile parliament.

(4) Investors and analysts are expecting China to deploy as much as 2 trillion yuan ($283 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence.

(5) Three Federal Reserve policymakers on Thursday were unfazed by a higher-than-forecast September inflation report, suggesting the US central bank can continue lowering interest rates, but a fourth hinted he may favor a pause at their next meeting.

See omnystudio.com/listener for privacy information.

Episoder(1041)

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Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

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UK's Starmer On The Brink, Japan Election Landslide, Swatch Battles Tough Time

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9 Feb 16min

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

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 S jobs and CPI data, along with a focus on 3 sto...

6 Feb 38min

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and ...

6 Feb 22min

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though...

5 Feb 18min

$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial se...

4 Feb 17min

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s r...

3 Feb 21min

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Peter Mandelson, Britain’s former ambassador to the US, resigned from the UK’s ruling Labour Party to avoid causing...

2 Feb 19min

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