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(1043)

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HS2 Indecision & JPMorgan CEO Interview

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On today's podcast: (1) Jeremy Hunt will today say he's increasing the National Living Wage to at least £11 an hour amid growing party discontent over Britain's tax burden. (2) A stop-gap spending bil...

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Bloomberg Daybreak Weekend: Shutdown, SBF, UK Politics

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Stock Rout, Black Brits Pushed Out & US Shutdown Looms

On today's podcast: (1) Global stocks are on course for their worst month in a year. (2) French Competition Regulators reportedly search the offices of Nvidia. (3) US workers prepare for missed pay ch...

29 Sep 202316min

Odey Recording, UBS Probe & A Rewilding Bet

Odey Recording, UBS Probe & A Rewilding Bet

On today's podcast: (1) Crispin Odey joked about his accusers and blamed the 'woke brigade' for the downfall. (2) The US Department of Justice has stepped up its probe of Credit Suisse & UBS on sancti...

28 Sep 202315min

EV Battles & Tesla, Russia's Tanker Tricks

EV Battles & Tesla, Russia's Tanker Tricks

On today's podcast: (1) The UK sits down for EV tariff talks with the EU as Tesla finds itself in the crosshairs of the bloc's Chinese subsidy probe. (2) US regulators sue Amazon, accusing it of monop...

27 Sep 202317min

China Property Crisis, Private Equity Debt, Solomon & Dimon On Rates

China Property Crisis, Private Equity Debt, Solomon & Dimon On Rates

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