Gold Hits Record High, Nestlé CEO Affair Exit, Lab Diamond Pressure

Gold Hits Record High, Nestlé CEO Affair Exit, Lab Diamond Pressure

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


On today's podcast:


(1) Gold hit a record high as the prospect of Federal Reserve rate cuts and growing concerns over the central bank’s future gave fresh legs to the multiyear rally in precious metals.


(2) Nestlé dismissed Chief Executive Officer Laurent Freixe after only a year due to an undisclosed workplace affair, extending the management turmoil at the world’s biggest food company that’s known for its conservative corporate culture.


(3) Revolut has kicked off a process for some employees to sell their shares in the company at a $75 billion valuation.


(4) A plane carrying European Commission President Ursula von der Leyen was disrupted by what authorities suspect was Russian signals interference in Bulgaria.


(5) UK Prime Minister Keir Starmer announced a raft of changes to his Downing Street team in a bid to reset his government and give him more influence over economic policy, after a stuttering first year in power saw his leadership called into question and Labour tank in the polls.


(6) Across Botswana the lines of patients outside government clinics are lengthening, construction companies dependent on state jobs are firing workers and university students are threatening to boycott lectures after not getting the allowance increases they were promised.


Podcast Conversation: Silicon Valley Drive to Get AI Into American Schools Is Working

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Episoder(1192)

Daybreak Weekend: US CPI, Europe Energy, RBA Decision

Daybreak Weekend: US CPI, Europe Energy, RBA Decision

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 U.S CPI and PPI data, along with a focus on 3 st...

7 Aug 39min

Europe Faces Gas Crunch, OpenAI’s Doughnut Device, Golfers Vs Sand Dunes

Europe Faces Gas Crunch, OpenAI’s Doughnut Device, Golfers Vs Sand Dunes

Your morning briefing. All the news you need to start your day.On today's podcast:(1) European natural gas jumped as traders awaited the US response to an Iran-Oman agreement on the Strait of Hormuz, ...

7 Aug 17min

Hackers Hit Hedge Funds, Explosive Drone Found, Russia’s War Economy Pain

Hackers Hit Hedge Funds, Explosive Drone Found, Russia’s War Economy Pain

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Hackers launched a wave of sophisticated attacks on Wall Street firms in recent days, targeting information system...

6 Aug 18min

SpaceX Spooks Investors, Secret Ukraine War Talks, Nuclear Reactors Run Dry

SpaceX Spooks Investors, Secret Ukraine War Talks, Nuclear Reactors Run Dry

Your morning briefing. All the news you need to start your day.On today's podcast:(1) SpaceX’s stock fell after it disclosed higher-than-expected spending on its artificial intelligence business, over...

5 Aug 17min

HSBC's $1 Billion Reward, Darkness Falls Across Asia, Big AI Bets Divide Funds

HSBC's $1 Billion Reward, Darkness Falls Across Asia, Big AI Bets Divide Funds

Your morning briefing. All the news you need to start your day.On today's podcast:(1) HSBC announced a fresh stock buyback and raised its cost-cutting target as it reported second-quarter earnings tha...

4 Aug 21min

Trump Zigzags On Iran, Europe’s Migrant Fears, Burnham’s Devolution Bet

Trump Zigzags On Iran, Europe’s Migrant Fears, Burnham’s Devolution Bet

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump said new Iran talks would begin Monday afternoon after he called off a planned attack on Ir...

3 Aug 16min

Daybreak Weekend: US Jobs, European Earnings, Vietnam Eco

Daybreak Weekend: US Jobs, European Earnings, Vietnam Eco

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 the July jobs report in the U.S with a focus on ...

31 Jul 37min

24h Hedge Fund Fire-Sale, UEFA Vs FIFA, Europe’s Unstoppable Wildfires

24h Hedge Fund Fire-Sale, UEFA Vs FIFA, Europe’s Unstoppable Wildfires

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Leopold Aschenbrenner's hedge fund, Situational Awareness, was forced to sell billions of dollars of technology in...

31 Jul 19min

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