Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

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

On today's podcast:

(1) Keir Starmer dramatically abandoned his flagship welfare reforms to avoid a historic defeat, leaving the UK prime minister’s authority badly damaged and his government facing a widening fiscal hole to fill.

(2) The Trump administration is halting the transfer of artillery rounds and air defenses to Ukraine, depriving the country of much-needed weapons as it endures stepped-up missile and drone attacks from Russia.

(3) President Donald Trump said Israel has agreed to the conditions needed for a 60-day ceasefire in Gaza, adding that the plan would now be presented to Hamas.

(4) AstraZeneca's Chief Executive Officer Pascal Soriot wants to move the drugmaker’s stock listing to the US, the Times reported, in what would be another sign of the UK’s waning status as a magnet for global capital.

(5) Bank of England Governor Andrew Bailey said high interest rates are having less of an impact on inflation because of Britain’s low levels of debt among both businesses and consumers.

(6) Banco Santander agreed to buy Banco Sabadell SA’s UK unit for £2.65 billion ($3.64 billion), a deal that will make it the UK’s third-largest lender by some measures.

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Episoder(1044)

Musk's Starlink Black Market Problem & Traders Bet BOE Cuts First

Musk's Starlink Black Market Problem & Traders Bet BOE Cuts First

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Concert Attack Suspects Charged & Bonds Are Back...Maybe

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Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview

Daybreak Weekend: U.S Inflation Data, Europe Chocolate Prices, BYD Preview

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Apple’s $113 Billion Problem & The BOE’s Quick Pivot

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22 Mar 202415min

Decision Time For Central Banks & Fidelity Cuts 1000 Of Its Staff

Decision Time For Central Banks & Fidelity Cuts 1000 Of Its Staff

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1)  Federal Reserve officials maintained their outlook for three interest-rate cuts this year and moved toward ...

21 Mar 202416min

The S&P's New Record & Billionaire Retail Magnates, The Issa Brothers, See Their Empire Fall

The S&P's New Record & Billionaire Retail Magnates, The Issa Brothers, See Their Empire Fall

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Wall Street traders gearing up for the Federal Reserve decision sent stocks to fresh all-time highs amid ga...

20 Mar 202415min

Japan's First Rate Hike In 17 Years & The Nvidia YOLO Trade

Japan's First Rate Hike In 17 Years & The Nvidia YOLO Trade

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Bank of Japan ended the most aggressive monetary stimulus program in modern history, scrapping the worl...

19 Mar 202416min

Google In Talks To Power iPhone AI & The 200% FTX Bankruptcy Trade

Google In Talks To Power iPhone AI & The 200% FTX Bankruptcy Trade

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Apple is in talks to build Google's Gemini artificial intelligence engine into the iPhone, according to peo...

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