Starmer Leadership Threat, China's Phantom Loans, Wall-St India Hiring Spree

Starmer Leadership Threat, China's Phantom Loans, Wall-St India Hiring Spree

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

On today's podcast:

(1) Allies of Keir Starmer sought to ward off a feared leadership challenge from one of the British premier’s best-known ministers, as cabinet feuds spilled into the open just weeks before the government is due to unveil a contentious budget.

(2) The weakness in the UK labor market is likely to have been overstated, economists and policymakers warned, after new figures shifted the narrative in Westminster and financial markets ahead of the budget.

(3) Asian stocks rose alongside Treasuries after softer US jobs data strengthened bets on a Federal Reserve interest-rate cut, boosting market sentiment.

(4) Banks in China are asking clients to take out loans and then immediately repay them, with the bank covering the interest, in a practice known as "quick-lend-and-recover".

(5) The US military is exploring whether to build a temporary base capable of housing 10,000 people near the Gaza Strip as part of its push for a stabilization force of troops from other countries to monitor a ceasefire between Israel and Hamas.

(6) Germany must start dialing back its borrowing limits from 2029 to ensure solid public finances over the long term, according to the Bundesbank.

Podcast Conversation: Harvest Report: 2025 Is Turning Out to Be a Great Year for Wine

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Episoder(1068)

US Shutdown Begins As Stocks Drop & Gold Rallies On Funding Standoff

US Shutdown Begins As Stocks Drop & Gold Rallies On Funding Standoff

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Congress blew past a midnight funding deadline, triggering the US government’s first shutdown in nearly se...

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US Shutdown Looms Large, 20-Point Gaza Plan, Starmer Pitches Decency 

US Shutdown Looms Large, 20-Point Gaza Plan, Starmer Pitches Decency 

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Vice President JD Vance said he believes the US government is on track to shut down, seeking to pin the blam...

30 Sep 202522min

Reeves Pushes UK Restraint, France Targets Wealthy, Sensational Ryder Cup

Reeves Pushes UK Restraint, France Targets Wealthy, Sensational Ryder Cup

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves can be sure the bond markets have her back. But on Monday she face...

29 Sep 202518min

Daybreak Weekend: US Jobs, Power Conference, China PMIs

Daybreak Weekend: US Jobs, Power Conference, China PMIs

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the U.S jobs report and the Electric vehicle sector...

26 Sep 202538min

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New 100% Drug Tariffs, Former FBI Chief Charged, NATO Warns Russia

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump announced a fresh round of tariffs, including a 100% duty on branded or patented phar...

26 Sep 202516min

HSBC Quantum World-First, Pricey Stocks ‘New Normal’, Britain's Bitter Pill

HSBC Quantum World-First, Pricey Stocks ‘New Normal’, Britain's Bitter Pill

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) HSBC Holdings said it’s achieved a world-first breakthrough in deploying quantum computing in financial ma...

25 Sep 202521min

Trump Backs NATO Action, Kimmel's Tearful Return, Super Typhoon Hits HK

Trump Backs NATO Action, Kimmel's Tearful Return, Super Typhoon Hits HK

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said NATO nations should shoot down Russian aircraft that violated their airspace a...

24 Sep 202520min

 Russia ‘Is Testing Us', $100B Nvidia-OpenAI Deal, Piketty Demands Wealth Tax

Russia ‘Is Testing Us', $100B Nvidia-OpenAI Deal, Piketty Demands Wealth Tax

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Lithuanian President Gitanas Nauseda said Russia was testing NATO’s readiness to retaliate with its series o...

23 Sep 202527min

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