Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Netflix and Intel. In the UK – a look ahead to the World Economic Forum in Davos, Switzerland. In Asia – a look ahead to China GDP data. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US officials have renewed the threat of possible military action against Iran after President Trump suggested the country's regime may have averted strikes by pledging not to execute protesters. America's envoy to the UN warned that 'all options are on the table' and that President Trump is a man of action.(2) Heightened US-Iran rhetoric comes as Bloomberg Economics has found that Donald Trump is following through on a greater share of his threats in his second term as President. As Bloomberg's chief geo-economics analyst Jennifer Welch puts it, the shift suggests "Tehran shouldn't bet on TACO", referring to a popular investor shorthand for 'Trump Always Chickens Out'.(3) President Donald Trump accepted Venezuelan opposition leader Maria Corina Machado’s Nobel Peace Prize medal at a White House meeting on Thursday as she tries to get back in his good graces while the future of her country is being shaped by the US.(4) Wall Street’s five giant banks reported a record $134 billion of trading revenue from last year and an upswing in dealmaking. Morgan Stanley Chief Executive Officer Ted Pick started summing up his outlook after Wall Street’s banner year for trading with four words: “The setup is ideal.”(5) China is pulling the plug on a key advantage held by high-frequency traders, removing servers dedicated to those firms out of local exchanges’ data centers, according to people familiar with the matter.(6) The dramatic sacking of a senior Conservative and his defection hours later to Nigel Farage’s Reform UK all-but ended the chances of any deal to unite the British right, confirming the next general election as the most widely contested in decades.Podcast Conversation: Why We’re All Trading Happy Hours for the BathhouseSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Danish Foreign Minister Lars Lokke Rasmussen said a “fundamental disagreement” remained after a meeting of top diplomats in Washington, while announcing an agreement to form a high-level working group on Greenland amid threats of a US takeover.(2) President Donald Trump indicated that he might hold off on attacking Iran for now after saying he was reassured by sources “on the other side” that the government in Tehran would stop killing people involved in widespread protests.(3) President Donald Trump faulted Ukraine’s leader Volodymyr Zelenskiy as the main obstacle to an agreement to end the war Russia launched against his country four years ago.(4) Donald Trump’s tariff war occupied US allies for much of last year. Now, President Xi Jinping is welcoming a procession of leaders looking to mend fences with the world’s other major economy.(5) Elon Musk’s xAI is disabling the ability for people to use its Grok artificial intelligence chatbot to create sexualized images of real people, following widespread criticism that the company was allowing women and children to be victimized by the tool.(6) An astronaut in need of doctors' care departed the International Space Station with three crewmates on Wednesday in NASA's first medical evacuation.Podcast Conversation: Alcohol Use May Be Declining, But Consumers Still Want That BuzzSee 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 urged Iranians to continue protests against the government of Supreme Leader Ayatollah Ali Khamenei and warned he would “act accordingly” once he gets a sense for how many of the demonstrators have been killed.(2) Greenland’s prime minister categorically ruled out joining the US and said the Arctic territory prefers to be in a union with Denmark, suggesting the island is putting independence plans on the back burner for now.(3) President Donald Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase chief executive officer was “wrong” to suggest he was undermining the independence of the central bank.(4) China’s trade surplus climbed to $1.2 trillion in 2025, extending a record run as the tariff war started by President Donald Trump sent exporters in search of markets beyond the US.(5) The UK and European Union should have a “more serious” conversation about how they can step up their cooperation in financial services to boost both economies, according to the City of London’s governing body.(6) Sweden, once a green pioneer, is now seeing its climate change ambitions unravel as populist groups are push back against environmental initiatives, spurred on in part by Donald Trump’s anti-green agenda.Podcast Conversation: The New Year's Resolutions That Bosses From Chase, Nasdaq KeepSee 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 faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank. (2) President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests.  (3) Japanese stocks extended their climb to record highs while the yen and government bonds slumped on speculation that Prime Minister Sanae Takaichi may soon call a snap election. (4) UBS Chief Executive Officer Sergio Ermotti said the proposed new banking reforms in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow.  (5) Finance ministers from the Group of Seven nations, along with officials from other countries, met Monday in Washington to discuss a path forward to “address vulnerabilities in critical minerals supply chains,” the Treasury department said in a statement.  (6) UK Prime Minister Keir Starmer escalated his threats against Elon Musk’s X on Monday, vowing to enforce a law that banned the sexualization of people’s images without their consent and calling such content generated by Grok as “disgusting and shameful. Podcast Conversation: We’re Obsessed With Living Longer, But What About Living BetterSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed. (2) As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that the Islamic Republic could be overthrown — a seminal event that would transform global geopolitics and energy markets. (3) A group of European countries, led by the UK and Germany, is discussing plans for a military presence in Greenland to show US President Donald Trump that the continent is serious about Arctic security and to try to tamp down American threats to take over the self-ruling Danish territory.  (4) Indonesia and Malaysia restricted access to Elon Musk’s Grok AI over the weekend, becoming the first countries to ban the artificial intelligence system over its generation of sexual content.  (5) UK employers cut back their hiring again in December, according to a closely watched survey that is likely to add to the Bank of England’s concerns about a weakening jobs market. (6) An effort by Europe to stand up to China and retain local technology is approaching a breaking point. A court hearing in the Netherlands on Wednesday will be crucial for chipmaker Nexperia, which was wrested away from its Chinese owners Wingtech by a decision in October. Podcast Conversation: How Keeping Score Makes Games Fun and Life Worse  See omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI data and bank earnings. In the UK – a look at what to expect from the UK’s property market moving forward. In Asia – a look ahead to China trade figures. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) An upcoming Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled out in April, briefly sending shockwaves through markets, looms as one of the next big tests for US stocks and bonds.(2) US President Donald Trump could find out as soon as Jan. 9 whether the Supreme Court will strike down a key portion of his tariffs campaign. The court is considering whether Trump can use an emergency law that had previously never been wielded to impose import taxes, and its decision could be included in an upcoming opinions release on unspecified cases.(3) Rio Tinto Group is in talks to buy Glencore Plc to create the world’s biggest mining company with a combined market value of more than $200 billion, a little over a year after earlier talks between the two collapsed.(4) China’s consumer-price growth accelerated last month thanks largely to higher food costs, as deflationary risks stalk the world’s second-biggest economy in the absence of more forceful stimulus measures.(5) Trump administration officials have discussed sending payments ranging from $10,000 to $100,000 to Greenland residents, Reuters reports, citing four sources familiar with the matter.Podcast Conversation: A Low-Tech Blog Is a Must-Have AccessorySee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect their investments as Washington cranks up pressure on the Latin American country to increase its economic ties with the US.(2) British support for the US operation to seize a Russian-flagged oil tanker demonstrated the importance of the transatlantic security partnership, UK Defence Secretary John Healey said, even as tensions rise over President Donald Trump’s designs on Greenland.(3) The US President has demanded a $500 billion increase in annual US defence spending - to build what Trump called the 'Dream Military'.In what appears to be a contradictory string of announcements, Donald Trump also threatened to exclude some of the companies most likely to benefit from the increase.(4) US officials are rushing to come up with options for business deals and other ways to step up links to Greenland, taken by surprise by President Donald Trump’s renewed demand to take over the island, people familiar with the matter said.(5) For the first time since Euronext NV’s own initial public offering more than a decade ago, companies raised less than $1 billion through IPOs across its exchanges in 2025, bearing the brunt of the continent’s capital markets stagnation.Podcast Conversation: Pounds Pile On Faster Coming Off Obesity Drugs Than After a DietSee 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 won’t rule out the use of military force to acquire Greenland, the White House said, escalating tension with Denmark, a fellow NATO member, over a dispute that’s surged back into public view following the ouster of Venezuelan strongman Nicolas Maduro.(2) President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes would be sold with proceeds benefiting both countries.(3) A small fleet of ships booked by Chevron is sailing to Venezuela as the company emerges as the only exporter of the country’s oil following the ouster of President Nicolas Maduro by US forces.(4) President Donald Trump’s administration and Ukraine’s allies converged toward an agreement to offer security guarantees long sought by Kyiv during a Tuesday meeting of the so-called coalition of the willing.(5) Tokyo officials rebuked Beijing over trading curbs that threaten to impact more than 40% of Chinese exports to Japan, escalating a dispute between Asia’s largest economies.(6) Business groups representing UK pubs and hotels held talks on Tuesday with Treasury officials as they push for further tax discounts to alleviate the burden of changes made by Chancellor of the Exchequer Rachel Reeves in her budget in November.Podcast Conversation: Chinese Robot Vacuum Maker Shows Off Stair-Climbing ModeSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Venezuela’s government is reasserting itself after the capture of Nicolás Maduro, swearing in Delcy Rodríguez as acting president and flashing warning signs that a new wave of repression has begun.(2) Ousted Venezuela President Nicolás Maduro pleaded not guilty on Monday to US charges in a narco-terrorism case against him, kicking off an extraordinary legal battle with major geopolitical ramifications.(3) Prime Minister Mette Frederiksen said that if Donald Trump were to attack the Danish island of Greenland that would mean the end of the NATO alliance.(4) European leaders and US officials aim to finalize an agreement on security guarantees that include the possibility of American boots on the ground in postwar Ukraine in a bid to ensure that any peace deal endures.(5) More than half of British companies’ finance chiefs expect artificial intelligence to deliver a growth boost, in a sign of rising optimism over the technology’s potential to transform the economy.(6) It’s no secret that the rich are rethinking their ties to the UK in the fallout from sweeping tax reforms brought in last year. Cracks are now starting to appear in so-called family offices — investment firms for super-rich individuals and dynasties.Podcast Conversation: Bets on Maduro, Jesus Show Promise and Risks of Prediction BoomSee 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 said the US needs “total access” to Venezuela as questions mount about the country’s leadership following the capture of President Nicolás Maduro.  (2) Nicolás Maduro will have already spent more than 24 hours in one of the toughest US jails when he appears in court Monday to face charges that could keep him behind bars for the rest of his life. (3) Realizing President Donald Trump’s plan for a US-led revival of Venezuela’s beleaguered oil industry could be a years-long and challenging process costing upwards of $100 billion. (4) Prime Minister Keir Starmer warned his governing Labour Party that removing him in 2026 would plunge Britain into “utter chaos” and open the door to a far-right government.  (5) Elon Musk’s Grok is facing mounting criticism and threats of government action around the world after the artificial intelligence chatbot created sexualized images, including of minors, on the social media platform X in response to user prompts.Podcast Conversation: US Says Raid Months in the Making Captured Maduro in Just HoursSee omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to what’s in store for commodities and housing in 2026. In the UK – a look at the culinary and cultural trends to watch for in Europe next year. In Asia – a look ahead to why the Reserve Bank of Australia may be set to pivot to interest rate increases in the new year. See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Swiss police said about 40 people were killed and 115 injured after a fire broke out in a bar in the ski resort of Crans-Montana during New Year celebrations.(2) European Central Bank President Christine Lagarde said Bulgaria joining the euro area on Thursday is a testament to Europe’s ability to collaborate and defy international headwinds. (3) Stocks opened the new year with artificial intelligence and chipmaking once again dominating market moves. Precious metals — another hot corner of the market in 2025 — also advanced.(4) BYD met its full-year sales target and likely surpassed Tesla to become the world’s largest electric-vehicle maker in 2025 — a milestone overshadowed by a challenging outlook for the Chinese auto market in the year ahead.(5) Zohran Mamdani unapologetically promised to lead New York City as a democratic socialist during a frigid inauguration ceremony on the steps of City Hall, a warning to those who believed he might moderate his positions after taking office.Podcast Conversation: Skip a New Year’s Resolution and Make Jan. 2 ‘Defaults Day’ InsteadSee omnystudio.com/listener for privacy information.

Artificial Intelligence and Big Tech dominated market sentiment in 2025. Now, we look to what may come in the new year. In this episode, Nathan Hager speaks with Wedbush Managing Director and Senior Equity Research Analyst Dan Ives and Deepwater Managing Partner and Co-Founder Gene Munster. Ives and Munster offer their short and long-term outlook for the technology industry heading into 2026.See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The MSCI All Country World Index — one of the broadest measures of the equity market — has still risen 21% this year, supported by Federal Reserve interest-rate cuts and enthusiasm over artificial intelligence. Silver outperformed most assets, surging over 140%. Asian equities are primed for their best year since 2017.(2) President Xi Jinping declared China is set to meet its economic targets for 2025, with growth expected to reach “about 5%,” providing an upbeat backdrop to data showing a recovery in the nation’s manufacturing sector.(3) Rail services between London and continental Europe have resumed after a power issue in the Channel Tunnel led to mass cancellations yesterday. Some Eurostar passenger trains did manage to leave London but ground to a halt before entering the tunnel, forcing hundreds of passengers to spend the night stranded on board.(4) Thieves have stolen valuables worth millions of euros from safety deposit boxes inside a German bank vault. Images released by police show a large hole drilled through a wall and the vault left ransacked. According to Sparkasse bank, around 2,700 customers were affected by the theft in the city of Gelsenkirchen (5) Warner Bros Discovery plans to once again reject a takeover bid from Paramount Skydance Corp. after the rival media company amended the terms of its offer, according to people familiar with the company’s thinking.Podcast Conversation: How Wine Will Change in 2026, From Climate Impacts to Gen ZSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Silver recovered some losses after its biggest one-day drop in more than five years, with a lingering supply shortage keeping the metal on track for a monthly gain of about a third.(2) President Donald Trump’s campaign to end the war in Ukraine faced new complications on Monday when Vladimir Putin said he would revise his country’s negotiating position after the Russian leader claimed Ukrainian drones targeted his residence.(3) President Donald Trump expressed concern that Iran is moving to rebuild its nuclear capabilities and bolster its ballistic missile program after strikes by the US and Israel earlier this year, and threatened to target the country again to prevent Tehran from stockpiling weapons.(4) Pockets of London’s so-called stockbroker belt suffered the biggest house price declines in 2025, as the South East of England and the capital fell behind regions in the north.(5) The UK knighted its new envoy to the US alongside The Wire actor Idris Elba and a former Tory donor who pulled his support for the opposition party earlier this year in a New Year’s honors list that also recognizes Britain’s victorious sportswomen in 2025.Podcast Conversation: Your Mum and Dad Are Influencers Now, Too: Andreea PapucSee 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 said he made “a lot of progress” in talks with Ukrainian President Volodymyr Zelenskiy over a possible peace deal, but that it might take a few weeks to get it done and there’s no set timeline.(2) Global stocks held at record highs, while silver rallied to a new peak before turning sharply lower as trading winds down heading into year-end.(3) In the UK, opposition parties are calling for British-Egyptian democracy activist Alaa Abdel Fattah to be deported, after it emerged that he had posted social media messages over a decade ago, calling for Zionists to be killed.(4) Thierry Breton, the former European Union official who was sanctioned last week by the Trump administration, said the bloc must resist US attempts to influence its legislation aimed at regulating social media platforms.(5) China kicked off military maneuvers around Taiwan that will include live-fire drills, a move that comes after the US announced one of its biggest arms packages ever for the self-run democracy.Podcast Conversation: What Happens When We Insist on Automating Our Fun?: EssaySee omnystudio.com/listener for privacy information.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. John Authers, Bloomberg Opinion Columnist, discusses the five forces that broke Capitalism Tim Craighead, Bloomberg Intelligence Bloomberg Intelligence Global Chief Content Officer, describes the European stocks to watch in 2026 John Lee, Bloomberg Intelligence APAC content manager, looks at what we can expect from Asian stocks in 2026 See omnystudio.com/listener for privacy information.

On this special Christmas edition of Bloomberg Daybreak, host Nathan Hager speaks with: Cameron Dawson, Chief Investment Officer at Newedge Wealth and Brian Levitt, Global Market Strategist at Invesco discuss what we should expect from markets in 2026 Amanda Agati, Chief Investment Officer at PNC, breaks down the cost of the 12 days of Christmas.  See omnystudio.com/listener for privacy information.