Turmoil in Copper Markets, Airbus Wins As Ferrari Loses, 10 Firms To Watch

Turmoil in Copper Markets, Airbus Wins As Ferrari Loses, 10 Firms To Watch

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


On today's podcast:


(1) US President Donald Trump sowed fresh chaos in metals markets with news of a higher-than-expected 50% tariff on copper imports, spurring a record spike in US futures and a drop in the global benchmark.


(2) President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early August while indicating he could announce substantial new rates on imports of copper and pharmaceuticals.


(3) As the European Union nears a trade deal with the US, its negotiators are focusing on protecting key industries from massive tariffs set to hit the bloc’s exports as soon as Aug. 1.


(4) Britain is at risk of a £22 billion ($29.9 billion) surge in debt-interest costs as pension schemes buy fewer government bonds, threatening to worsen an “unsustainable” outlook for the public finances.


(5) UK officials were kept in the dark over a crucial report detailing major cultural failings at the statistics body that contributed to the breakdown of official unemployment data.


(6) SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker at around $400 billion, people familiar with the matter said.

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Episoder(1034)

School Mass Shooting, Exclusive EU Chief Interview , Poland’s $1 Trillion Flex

School Mass Shooting, Exclusive EU Chief Interview , Poland’s $1 Trillion Flex

Your morning briefing. All the news you need to start your dayOn today's podcast: (1) At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to th...

11 Feb 23min

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

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

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s cabinet members voiced their support for the prime minister on Monday, buying him time to shore up h...

10 Feb 16min

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

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

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s future is in the balance after a crisis over the appointment of Peter Mandelson as ambassador to Was...

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

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