France’s Crisis Deepens, Explosive AI Stock Rally, Cybercrime’s High Cost
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, 48 hours to negotiate with France’s political parties in a last-ditch effort to prevent the country from falling deeper into crisis.(2) President Donald Trump said he would negotiate with Democrats over health care subsidies, a move that could open the door to resolving the government shutdown that has stretched into a second week.(3) Advanced Micro Devices Inc. landed a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia Corp. in the AI computing industry.(4) Citadel’s Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that’s “really concerning” to the billionaire investor.(5) Bank of England Governor Andrew Bailey said Britain must boost investment if it wants to reap the rewards from any economic boom triggered by artificial intelligence.See omnystudio.com/listener for privacy information.
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Update: French Prime Minister Sebastien Lecornu Resigns
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) France’s Prime Minister Sebastien Lecornu resigned Monday just a day after President Emmanuel Macron named a new cabinet, deepening the country’s political crisis and sparking a selloff of French assets.(2) Gold rose to another record — closing in on the $4,000 an ounce mark — as the US Federal government shutdown dragged on.(3) President Donald Trump is pressing Israel and Hamas to seal a settlement to the two-year conflict that’s devastated Gaza and destabilized the Middle East as the warring sides are set to begin mediated talks on Monday.(4) UK Home Secretary Shabana Mahmood will give police new powers to place limits on repeated protests and is considering legislation to ban them outright, after weeks of demonstrations led to mass arrests and strained resources.(5) French President Emmanuel Macron’s decision to appoint a broadly unchanged cabinet sparked an immediate backlash from opposition parties, undermining Prime Minister Sebastien Lecornu’s chances of surviving a make-or-break week in parliament.(6) OPEC+ is showing a cautious commitment to keep battling for a share of the global oil market — despite signs that a long-awaited surplus is starting to emerge.See omnystudio.com/listener for privacy information.
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17:09
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17:09
Japan Bond Market Fear, Israel-Hamas Talks, Mega Bet Burns Banks
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Japan’s election of a pro-stimulus leader shook up global markets, sending stocks surging on prospects for more spending, while currencies and bonds weakened, driving investors toward alternative assets such as gold and Bitcoin.(2) President Donald Trump is pressing Israel and Hamas to seal a settlement to the two-year conflict that’s devastated Gaza and destabilized the Middle East as the warring sides are set to begin mediated talks on Monday.(3) UK Home Secretary Shabana Mahmood will give police new powers to place limits on repeated protests and is considering legislation to ban them outright, after weeks of demonstrations led to mass arrests and strained resources.(4) French President Emmanuel Macron’s decision to appoint a broadly unchanged cabinet sparked an immediate backlash from opposition parties, undermining Prime Minister Sebastien Lecornu’s chances of surviving a make-or-break week in parliament.(5) OPEC+ is showing a cautious commitment to keep battling for a share of the global oil market — despite signs that a long-awaited surplus is starting to emerge.Podcast Conversation: Custom Vacheron Constantin Timepiece Shines at the Louvre: EssaySee omnystudio.com/listener for privacy information.
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17:24
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Daybreak Weekend: Pfizer Deal, Nobel Peace, Golden Week
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 impact of lumber and timber tariffs on housing, and President Donald Trump’s Pfizer deal on drugmakers. In the UK – a look ahead to the Nobel Prize decisions. In Asia – a look ahead to the impact of the Golden Week holiday. See omnystudio.com/listener for privacy information.
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37:58
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37:58
Synagogue Terror Attack, Munich Drone Shutdown, Chocolatier's Comeback
Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK counter-terrorism police named a British citizen of Syrian descent as the perpetrator of an attack on a synagogue that killed two people. Jihad Al-Shamie, 35, carried out the attack on the Heaton Park Hebrew Congregation Synagogue in Manchester on Thursday morning, according to statements from Counter Terrorism Policing and Greater Manchester Police.(2) German air traffic control said it suspended flight operations at Munich Airport Thursday evening after several drone sightings, affecting multiple departures and thousands of passengers at the country’s second-biggest hub.(3) - Bridgewater Associates’ flagship macro fund climbed 26.4% in the first nine months of this year as tariff-fueled market uncertainty boosted the firm and its peers.(4) President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end a government shutdown that has entered its second day.(5) Boeings 777X is slated to fly commercially for the first time in early 2027 instead of next year, people familiar with the matter said, a fresh setback to the US planemaker that sets the stage for potentially billions of dollars in accounting charges.Podcast Conversation: Inside the US-China Battle Over Undersea Internet Cables ...See omnystudio.com/listener for privacy information.
South Africa