Trump’s New 25% Tariffs, BP’s Looming Showdown & FX Trading Is Cool Again

Trump’s New 25% Tariffs, BP’s Looming Showdown & FX Trading Is Cool Again

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

On today's podcast:

(1) President Donald Trump plans to impose 25% tariffs on all imports of steel and aluminium into the US, broadening his trade salvo and threatening ties with some of the country’s top trading partners.

(2) Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities while examining data at the US Treasury Department, and intimated that may lead the US to disregard some payments.

(3) BP's dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors.

(4) British workers are increasingly worried about losing their jobs, and it’s preventing the economy from benefiting from a potential uplift in consumer spending.

(5) France is set to announce a total of €109 billion ($113 billion) in investment in artificial intelligence projects in the country by companies, funds and other sources over the coming years, President Emmanuel Macron said on the eve of a two-day AI summit in Paris.

(6) The Philadelphia Eagles are Super Bowl champions. They defeated the Kansas City Chiefs 40-22 in New Orleans. The win denies the Chiefs a third consecutive victory in American Football's showpiece event.

See omnystudio.com/listener for privacy information.

Episoder(1044)

Gaza Evacuation Call & US Bank Earnings

Gaza Evacuation Call & US Bank Earnings

On today's podcast: (1) The Israeli army tells one point one million civilians to leave northern Gaza, something the UN says is "impossible". (2) Fed policy makers say moves in the bond markets are yi...

13 Okt 202316min

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

On today's podcast: (1) Five days after Hamas carried out the deadliest assault on Israel in half a century, both sides are bracing for a major ground attack on Gaza. (2) More than 2,400 people have b...

12 Okt 202321min

Israel Masses Forces & Starmer Invokes Blair

Israel Masses Forces & Starmer Invokes Blair

On today's podcast:(1) The combined death toll from the conflict between Israel and Hamas is now over 2,000. (2) Israel's military said it's building a base for thousands of soldiers in preparation fo...

11 Okt 202316min

Israel Response, Reserve Call Up, Labour Conference

Israel Response, Reserve Call Up, Labour Conference

On today's podcast:(1) More than 900 Israelis, mostly civilians, are now known to have died in Hamas's attacks at the weekend. Nearly 700 Palestinians have been killed during retaliatory strikes. (2) ...

10 Okt 202322min

Israel-Hamas Conflict & Labour's Great Expectations

Israel-Hamas Conflict & Labour's Great Expectations

On today's podcast:(1) The death toll from the conflict between Israel and the militant group Hamas has passed 1,100. (2) The Hamas incursion was Israel's worst military and intelligence failure in 50...

9 Okt 202324min

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a preview of the upcoming CPI data, the battle to become speaker of...

7 Okt 202333min

$500bn Of Debt, Sweden's Headache & A Labour Win

$500bn Of Debt, Sweden's Headache & A Labour Win

On today's podcast: (1) Corporate firms are ignoring the Fed and bingeing on debt (2) Mary Daly says the recent jump in bond yields offers a reason to hold rates steady. (3) The UK Labour party has ta...

6 Okt 202316min

'Bond King' Talks Selloff, Property Peril & CEO Pay

'Bond King' Talks Selloff, Property Peril & CEO Pay

On today's podcast:(1) Global bonds are doomed to keep falling unless we see a sustained slump in equities - according to analysts from Barclays. (2) Bill Gross says stocks are "clearly overvalued" an...

5 Okt 202319min

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