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(1041)

Hamas Chief Says Close to 'Truce', Open AI Altman Reunion Talks & Rates Crush Housing Markets

Hamas Chief Says Close to 'Truce', Open AI Altman Reunion Talks & Rates Crush Housing Markets

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Hamas chief Ismail Haniyeh said his group is close to reaching a "truce agreement" in talks with Qatar and...

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OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

OpenAI New CEO, Tax Cut Expectations & Hamas Hostage Release 'Closer'

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  OpenAI's board hired former Twitch chief Emmett Shear as chief executive officer, defying calls from inve...

20 Nov 202317min

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Daybreak Weekend: Shutdown Averted, Autumn Statement, Fentanyl Crisis

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. 1) Earnings continue...one big company reporting this week is Nvidia. According to B...

18 Nov 202334min

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

On today's podcast: (1) Alphabet CEO Sundar Pichai said he expects China to be "at the forefront" of artificial intelligence, and said it's important for the US to collaborate with the Asian nation on...

17 Nov 202320min

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Gaza Hospital Raid Weapons Claims & China's President Doesn't Want A 'Hot War'

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Xi Jinping said China wants to be friends with the US and said his nation won't fight a war with a...

16 Nov 202316min

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) Israeli troops entered Gaza's Shifa hospital compound as part of a "precise and targeted operation" agains...

15 Nov 202314min

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:1)   David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s w...

14 Nov 202316min

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Senior officials in Israel and the US suggested that talks on securing the release of Hamas-held hostages a...

13 Nov 202316min

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