Make Or Break UK Budget, US Envoy’s Kremlin Advice, Africa's Political Fish
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) In the 83 days since UK Chancellor of the Exchequer Rachel Reeves announced the date of her second budget, she’s told both bond-market investors and Labour Party backbenchers that it’s been drafted with them in mind. Today it will become clear whether she can please both of these very different audiences. (2) Reform UK's leader Nigel Farage has rejected claims he made racist comments as a teenager, after an investigation rocked his attempts to paint Reform UK as a moderate party. (3) US presidential envoy Steve Witkoff, fresh from the triumph of the Gaza peace deal, held a phone call last month with a senior Kremlin official to suggest they work together on a similar plan for Ukraine — and that Vladimir Putin should raise it with Donald Trump. (4) White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people familiar with the matter, as the search for a new central bank leader enters its final weeks. (5) Apple will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research. (6) During the Ukraine war, Russia has stepped up its courting of African governments with offers of military cooperation, weapons, grain, and fertilizers - but also fish.Podcast Conversation: AI Slop Recipes Are Taking Over the Internet — And Thanksgiving DinnerSee omnystudio.com/listener for privacy information.
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Russia & Ukraine Trade Fire, Trump-Xi Taiwan Tightrope, Pret’s Recipe For Revival
On today's podcast: (1) Russia and Ukraine exchanged fire early Tuesday with heavy air raids on Kyiv and assaults on southern Russian areas, just hours after President Donald Trump struck a positive tone on prospects for a ceasefire deal. (2) The European Union’s antitrust chief ruled out easing the bloc’s tech rulebook, after US Commerce Secretary Howard Lutnick said Brussels needed to change its digital regulations in order to get a deal to lower steel and aluminum tariffs. (3) President Donald Trump held back-to-back calls with the leaders of China and Japan, as escalating tensions over Taiwan threaten to derail his weeks-old trade truce with Beijing. (4) Nvidia shares fell on a report that Meta Platforms is in talks to spend billions on Google’s AI chips, suggesting the internet search leader is making headway in efforts to rival the industry’s bestselling AI accelerator. (5) Chancellor Rachel Reeves will slash the amount Britons can save in their tax-free cash ISA each year to £12,000 in a bid to get households investing more in UK stocks. (6) Pret’s CEO is searching for the right recipe for the chain in a post-pandemic world where inflation remains high, competition is stiff and consumers are feeling the pinch.Podcast Conversation: Is Food No Longer What Makes a Great Restaurant Great?See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump’s proposed Nov. 27 deadline to secure Ukraine’s support for a US-backed peace plan isn’t set in stone and could drift into the following week, US Secretary of State Marco Rubio said, suggesting that plenty of work remains. (2) Chief executive officers are bracing for Rachel Reeves to pile further costs on their businesses in her budget — and some are warning they’ll slash investment in the UK if she does. (3) BHP Group has walked away from a fresh takeover approach for Anglo American Plc, ending an unexpected and short-lived attempt by the world’s largest miner to thwart a planned tie-up between its smaller rival and Canada’s Teck Resources. (4) British Prime Minister Keir Starmer unveiled a strategy to make critical minerals at home and reduce reliance on the fragile global supply chain. (5) In President Donald Trump’s second term, crypto assets transformed his family’s wealth. Now the Trumps — and their followers — are getting a crash course in the wild volatility ingrained in digital currencies. (6) Five years after being battered by Covid-19 and the rise of home working, Canary Wharf is making a comeback. Podcast Conversation: How Breathwork Became the New MeditationSee omnystudio.com/listener for privacy information.
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The CEO Radar: AI Is Rising on CEO Agendas (Sponsored Content)
AI is rising on the agendas of global CEOs, according to the latest edition of the CEO Radar. But a surprising number of chief executives are still struggling to embed the technology into their businesses. On this episode of the CEO Radar Podcast, Edward Adams of Bloomberg Media Studios is joined by BCG Global Chair Rich Lesser and Vlad Lukić, BCG Global Leader of Tech and Digital Advantage, to explore how CEOs can compare themselves to their peers when it comes to corporate integration of AI. This episode is sponsored by BCG.See omnystudio.com/listener for privacy information.
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Daybreak Weekend: Retail Preview, UK Budget, China PMI
Bloomberg Daybreak Weekend with Host Nathan Hager takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Dell, Kohl’s Abercrombie & Finch, and retail ahead of the holiday season. In the UK – a look ahead to the UK's highly anticipated autumn budget. In Asia – a look ahead to China PMI data. See omnystudio.com/listener for privacy information.
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