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)

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

US Syria Strikes, Iran War Warning & EY Partner Pay Cut

On today's podcast: (1) The US said it hit two facilities in eastern Syria it believes were used by Iran’s Islamic Revolutionary Guard Corps and other groups, in what it called “self-defense strikes”(...

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UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

UPDATE: Israeli Army Gaza Raids, Hostage Pause Call & Bank Results

On today's podcast: (1) Israel says it made limited ground raids against Hamas targets in northern Gaza overnight before withdrawing. (2) Netanyahu told Israelis a ground invasion is being prepared as...

26 Okt 202314min

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

Israel Ground Invasion Hostage Delay & Morgan Stanley's New CEO

On today's podcast: (1) Netanyahu told Israelis a ground invasion is being prepared as the country's military continues to target Hamas's leadership in Gaza. (2) US President Joe Biden said he asked I...

26 Okt 202316min

UPDATE: Israel UN Resignation Demand & European Bank Earnings

UPDATE: Israel UN Resignation Demand & European Bank Earnings

On today's podcast: 1) The Israeli ambassador to the United Nations demanded that Secretary-General Antonio Guterres resign for saying Hamas's Oct.7 attack on Israel didn't happen in a vacuum, capping...

25 Okt 202317min

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

Israel Demands Resignation Of UN Chief, Bank Earnings & Bonus Cap Scrapped

On today's podcast:(1) Israel demands the resignation of the UN Secretary-General as tensions flare at a Security Council meeting over the Israel-Hamas war. (2) Deutsche Bank to step up payouts as len...

25 Okt 202316min

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

UPDATE: Hostages Freed, Barclays Earnings Disappoint, & UK Jobs

On today's podcast:(1) Hamas frees two more hostages from Gaza as the US sends more forces to the Middle East with world leaders calling for aid.(2) Barclays missed estimates at its investment bank an...

24 Okt 202315min

More Gaza Hostages Released, Bond Turnaround, & Start-Up Britain

More Gaza Hostages Released, Bond Turnaround, & Start-Up Britain

On today's podcast:(1) Hamas frees two more hostages from Gaza, as the US sends more forces to the Middle East. (2) Billionaire investors Bill Ackman and Bill Gross abandon their short position on US...

24 Okt 202314min

Israel Hostage Talks Stall Ground Offensive; China Detains Executive

Israel Hostage Talks Stall Ground Offensive; China Detains Executive

On today's podcast:(1) Israel could delay or alter its Gaza ground invasion plans after the release of two American hostages.(2) Beijing rattles foreign businesses by detaining an executive and former...

23 Okt 202315min

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