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US Secretary of State Antony Blinken discussed the political transition in Syria, movement on a potential cease fire in Gaza, the transition to the Trump administration, and the prospect of normalizing relations between Saudi Arabia and Israel.
Blinken spoke with David Gura on “Bloomberg Surveillance."
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia.
And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
Today's guest: Alexandra Ivanova, Fund Manager, Invesco.
China’s bond rally got a shot in the arm from a key economic meeting, where promises of interest rate cuts helped send the benchmark yield to a fresh record low.
Earlier this week, the Politburo, China’s top decision-making body, pledged “moderately loose” monetary policy in its first policy pivot in nearly 14 years.
On top of easing bets, bonds are also supported by concerns over a potential trade war with the US and a lack of other investment options amid fragile sentiment on stocks and the property market. In politcs, South Korean President Yoon Suk Yeol’s approval rating slumped to its lowest level since he took office as he tried to defend his declaration of martial law and push back against efforts to oust him via impeachment.
Today's guests: Daniele Antonucci, Quintet Private Bank CIO; Beata Manthey, Citigroup; Jimmy Muchechetere, Investec Wealth & Investment
Russia is said to be nearing an agreement with Syria's new leadership to keep two vital military bases in the country.
Also on the show: Asian equities under pressure with a lack of details from a Chinese economic conference disappointing some traders; US Secretary of State Antony Blinken is in the Middle East as the Biden administration tries to shape the unfolding situation in Syria; South Korean President Yoon Suk Yeol's approval rating has fallen to the lowest level since he took office as he tries to push back against impeachment efforts;
China's top leaders set domestic consumption as their top economic priority for next year; Ethiopia and Somalia have agreed to lower tensions over a deal that would allow Ethiopia to build a military base in Somaliland, in exchange for a stake in Ethiopian Airlines; focus on central bank actions with a surprise 50 basis point cut from the Swiss National Bank and a less surprising 25 basis point reduction by the ECB;
African countries facing climate-related disasters are turning to a non-traditional insurance product known as 'parametric' coverage to help with their recovery; French President Emmanuel Macron says he will name a new prime minister on Friday; fears post-election crisis in Georgia could escalate further;
EU is struggling with low productivity and failure to invest have led to trillions in lost growth; the identification of a mystery illness that's caused dozens of deaths in the DRC has been delayed.
French President Emmanuel Macron is seeking to form a coalition of moderates to avoid a new legislative election, aiming to name a new prime minister within 48 hours.
The dollar strengthened after a report that Chinese leaders are considering allowing their currency to weaken as they brace for higher tariffs under a second Donald Trump presidency.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game.
Hosted by Guy Johnson, Kriti Gupta and Anna Edwards.
NATO plans to set new targets for members to produce more weapon systems, including tanks and planes. This may require raising the alliance’s defense spending goal to as much as 3% of gross domestic product, according to officials familiar with the matter. NATO currently asks allies to spend 2% of GDP.
S&P Global Ratings Governments Chief Analytical Officer Nora Wittstruck talks about how mass deportations of migrants under the incoming Donald Trump administration could impact inflation and the labor market.
Ballet Founder and CEO Bobby Lee tells Bloomberg Television that Bitcoin's value could surpass $1 million in the next five to six years. Lee also says the cryptocurrency could breach the $100,000 mark within days, while $250,000 could be achieved next year.
His company makes easy-to-use crypto cold storage cards. He speaks on "Insight with Haslinda Amin."
The Spanish platform will keep part of their funds in the Prosegur Crypto custody solution where they will thus benefit from a new security dimension in the custody of their crypto assets. - Bit2Me
Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to develop a technological hub to rival the neighboring United Arab Emirates, people familiar with the matter said. Bloomberg's Christine Burke reports.
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Zara is one of the world’s most successful retailers and the biggest company in Spain. It was created by Inditex, which also owns Massimo Dutti and Pull&Bear.
But Zara is without question its most valuable brand. Part of why the retailer keeps growing is its distribution and logistics strategy, as well as a quick ability to adapt to trends.
But can Zara keep up its momentum, with new competition from Chinese retailers like Shein and Temu and increasing scrutiny over the industry’s massive environmental impact?
Industria de Diseño Textil, S.A. (ITX) Company Information - Simply Wall St ... Edificio Inditex; Avenida de la Diputación s/n; A Coruña; Galicia; 15143; Spain ...
Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back China.
Israel bombed the center of Beirut for the first time in almost a year of hostilities with Lebanon’s Hezbollah.
Volkswagen’s second profit warning in three months signals Europe’s biggest automaker is in decline. The Opening Trade has everything you need to know as markets open across Europe.
With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
Today's guests: Jane Kinninmont, European Leadership Network Policy and Impact Director, Aydin Kilic, HIVE Blockchain Technologies CEO.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
Today's guests: Janet Mui, RBC Brewin Dolphin Market Analysis Head, and Hendrik Brandis Earlybird VC Co-founder.
“Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. Today's guest: Max Kettner, HSBC Chief Multi-Asset Strategist.
Israel has launched air strikes on targets across southern Lebanon, killing nearly 500 people. Also on the show: China unleashed a raft of policy support for the economy; Traders pricing in 75 basis points more policy easing by year-end as Fed officials leave the door open to more jumbo cuts; Boeing offers striking workers a 30% pay bump in a 'final' offer; RBA leaves cash target at 4.35%;
Commodities rose after China's central bank announced sweeping measures; Aliko Dangote says the time is right for Nigeria to end a decades-long subsidy on fuel; Italian lender UniCredit moved to increase its stake in its German rival Commerzbank.
Israel stepped up air strikes against Hezbollah in southern Lebanon on Monday morning, urging civilians to move out of the area. The Israel Defense Forces struck multiple targets as hostilities between the two sides intensified. as the two sides move closer to an all-out war. Last week, thousands of Hezbollah commanders and operatives were injured and several dozens killed in an orchestrated attack carried out via pagers and other communication devices which exploded simultaneously for two consecutive days in Lebanon and Syria. Israel has not claimed responsibility for the attacks. In France, President Emmanuel Macron’s new government sparked an immediate angry reaction from across the political spectrum, raising the risk of a swift collapse that would further cloud the outlook for France’s stretched public finances.
Today's guests: Marija Veitmane, State Street; Phoenix Kalen, Societe Generale; Marta Lorimer, Cardiff University
A short-term policy rate cut is fueling hopes that Chinese officials are preparing to boost efforts to revive growth, after a series of weak data including slumping budget spending and rising youth unemployment.
Bloomberg economist Eric Zhu discusses the headwinds facing the country and why recent measures haven't worked so far.
Nike has ousted its CEO John Donahoe, and is bringing company veteran, Elliott Hill, out of retirement to try and return the struggling brand to its glory days. Hill joined Nike in 1988 and served as president of consumer and marketplace before he retired in 2020. Shares of the athletic brand jumped in Friday's early session. Elsewhere, Mercedes-Benz Group shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook.
Today's guests: Beata Manthey, Citigroup; Andrew Kuper, Leapfrog Investments President & Co-Founder