EU Eyes Huawei Ban, Swiss Tariff Deal Nears, Dubai’s Big Property Frenzy

EU Eyes Huawei Ban, Swiss Tariff Deal Nears, Dubai’s Big Property Frenzy

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

On today's podcast:

(1) The European Commission is exploring ways to force European Union member states to phase out Huawei Technologies Co. and ZTE Corp. from their telecommunications networks, according to people familiar with the matter.

(2) Switzerland is close to securing a 15% tariff on its exports to the US, in what would be a relief for the country after it was hit with a punishing 39% levy in August, according to people familiar with the matter.

(3) A record-setting 41-day US government shutdown is on a path to end as soon as Wednesday after the Senate passed a temporary funding measure backed by a group of eight centrist Democrats.

(4) Rachel Reeves indicated the Labour Party may be preparing to break its election promises not to raise taxes, as she looks ahead to what she called a “difficult” UK budget.

(5) Donald Trump notched another victory in his war on the media when the UK’s national broadcaster apologized over a misleading edit of the US president’s remarks and two executives resigned.

(6) Warren Buffett, the billionaire investor who turned an aging textile mill into a more than $1 trillion conglomerate, said he’s “going quiet,” marking the end of an era for one of the business world’s most-watched investing gurus.

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Episoder(1044)

Israeli Ground Troops In Lebanon & Powell's Go Slow Message

Israeli Ground Troops In Lebanon & Powell's Go Slow Message

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Israel's Challenge To Iran, Chinese Stocks Soar & Metals Mavericks Rock Markets

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Daybreak Weekend: US Jobs Preview, France Pressure, Golden Week

Daybreak Weekend: US Jobs Preview, France Pressure, Golden Week

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28 Sep 202439min

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Billionaire Buys 'Everything' China, Possible Non-Dom Tax Tweaks & Ceasefire Talks on Pause

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) China cut the amount of cash banks must keep in reserve Friday and lowered a key policy rate, as Beijing ro...

27 Sep 202415min

OpenAI Discusses Going For-Profit, Lebanon Ceasefire Push & One Million Ghost Flights

OpenAI Discusses Going For-Profit, Lebanon Ceasefire Push & One Million Ghost Flights

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restruct...

26 Sep 202415min

China Optimism Fuels Stocks, Iranian President's Warning & Starmer Embraces Unpopularity

China Optimism Fuels Stocks, Iranian President's Warning & Starmer Embraces Unpopularity

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China’s central bank lowered the interest rate charged on its one-year policy loans by the most on record, k...

25 Sep 202415min

Fears of All Out Israel-Lebanon War, China Unleashes Stimulus & Starmer To Offer ‘Light’

Fears of All Out Israel-Lebanon War, China Unleashes Stimulus & Starmer To Offer ‘Light’

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israel launched airstrikes on targets across southern Lebanon, killing nearly 500 people in one of the deadl...

24 Sep 202419min

Reeves Vows ‘No Return to Austerity’ & Ultra-Rich Tax Warning

Reeves Vows ‘No Return to Austerity’ & Ultra-Rich Tax Warning

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The UK’s new Labour government won’t return to the austerity cuts of its Conservative predecessors, Chancell...

23 Sep 202415min

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