Bloomberg Daybreak: Europe Edition

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.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The French National Assembly approved a stopgap budget law for 2026 to keep the state running into January after lawmakers failed to reach an agreement on the full fiscal plan.(2) The Trump administration on Tuesday imposed visa sanctions on former European Union Commissioner Thierry Breton and four other people for trying to make American tech companies police political speech on their platforms.(3) Gold rose to an all-time high above $4,500 an ounce on escalating tensions in Venezuela and expectations for more US rate cuts. Silver and platinum also advanced to records.(4) The Justice Department’s long-awaited rollout of the Jeffrey Epstein files has been a chaotic spectacle that, so far, has largely turned the spotlight back to his previously known associates, including President Donald Trump and former President Bill Clinton, while fueling frustrations.(5) Alan Howard, co-founder of Brevan Howard Asset Management, joined the ranks of wealthy individuals exiting the UK amid tax hikes, surfacing as a resident of Switzerland.Podcast Conversation: Five Top Tables: Where to Eat in Edinburgh for Business, ValueSee 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 warned President Nicolas Maduro not to challenge the US and vowed to keep oil seized from a supertanker but declined to say if he’s seeking to oust the Venezuelan leader. (2) Larry Ellison is throwing his personal fortune behind Paramount Skydance’s bid for Warner Bros. Discovery, aiming to give his son’s company an advantage in a fiercely contested takeover battle with Netflix. (3) Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly (4) Bank of America Chief Executive Officer Brian Moynihan said that artificial intelligence is starting to have a bigger impact on the US economy. (5) UK businesses ended 2025 feeling more upbeat about the economy’s prospects after they were spared much of the tax pain at last month’s budget. Podcast Conversation: Restaurants Turn to Sweet Wines to Save Labor, Fatten the CheckSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The US’s pursuit of a third oil tanker off the coast of Venezuela has intensified a blockade that the Trump administration hopes will cut off a vital economic lifeline for the country and isolate the government of President Nicolás Maduro. (2) Gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades. (3) US special envoy Steve Witkoff said Trump administration officials held “productive and constructive” meetings with Ukrainian and European counterparts in Florida as part of ongoing efforts to end the war. (4) Justice Department officials were protecting victims of Jeffrey Epstein when they removed several images from agency’s release of files tied to the notorious sex offender, Deputy Attorney General Todd Blanche said. (5) Uber Technologies and Lyft are each teaming up with Baidu to trial driverless taxis in the UK, as ride-sharing companies race to deploy autonomous services around the world. Podcast Conversation: Last-Minute Gift Guide for Whiskey, Wine and Spirits LoversSee 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 GDP data and a tech outlook for 2026. In the UK – a look at UK politics and what 2026 may hold in store for Prime Minister Keir Starmer. In Asia – a look ahead to the challenges facing China’s economy in 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) European Union leaders reached an agreement to loan Ukraine €90 billion ($106 billion) for the next two years, aiming to strengthen Kyiv’s hand at the negotiating table and keep the war-torn country afloat. (2) The Bank of Japan raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions allow, in a sign of growing conviction that it can attain the stable inflation target it has pursued for more than a decade. (3) The Bank of England cut interest rates but joined a wave of other central banks in warning that the speed and scale of future reductions is now in the balance. (4) Officials have found the dead body of the suspected shooter in a Brown University rampage and the murder of a Massachusetts Institute of Technology professor in his Boston-area home.  (5) TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle. (6) Wells Fargo was sued by a former manager who says he was fired for pushing the bank to create a more diverse workforce and objecting to its practice of interviewing minority applicants for jobs that were already filled. (7) As shoppers at London’s renowned Selfridges department store soaked in the festive mood ahead of Christmas in 2021, the billionaire Weston family were closing in on the sale of the landmark. But instead the family got caught up in the collapse of Benko’s €23 billion empire less than two years after the Selfridges deal. Podcast Conversation: Blackstone Parodies ‘Midlife Crisis’ in Annual Holiday VideoSee omnystudio.com/listener for privacy information.

The EU's foreign policy chief Kaja Kallas says it's a "crucial" moment for Ukraine's future, as European leaders meet in Brussels to decide on how to financially support Kyiv. "Putin is banking on us to fail, and we shouldn't give them that," she told Bloomberg's Stephen Carroll in Brussels.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 Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift away from inflation and toward the UK’s struggling economy and jobs market. (2) Central banks hike when there is a risk of inflation re-accelerating or when policy is judged to be too loose. Neither condition applies right now, tilting risks to hawkish disappointment weighing on the euro. (3) BP appointed Meg O’Neill as its new chief executive officer, making her Big Oil’s first female leader, as the company struggles to revive its fortunes after a botched pivot toward renewable energy. (4) OpenAI has held funding talks with investors to raise tens of billions of dollars at a valuation of $750 billion, according to a report in the Information.  (5) Chancellor Friedrich Merz said that German troops could participate in a coalition to secure a demilitarized zone in Ukraine after a possible peace agreement with Russia.  (6) Driven by a funding vacuum caused by post-financial crisis banking regulations, private credit has evolved from a relatively niche form of financing to become an important part of Europe's property lending landscape Podcast Conversation: Where to Eat in Brussels from Business to ValueSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture, Siemens and Spotify Technology , as possible targets for new restrictions or fees. (2) President Donald Trump said he was ordering a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas amid a US military buildup in the region and the threat of land strikes. (3) French President Emmanuel Macron said in a Financial Times op-ed that placing tariffs and quotas on Chinese imports would be “an uncooperative answer” to address its trade imbalance with the European Union. (4) The UK’s Labour government passed a workers’ rights package that expands protections for employees and achieves a key policy goal of the party’s left. (5) OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia. (6) Jared Kushner’s splashy projects in the Balkans are colliding with the realities of doing business in the region. Podcast Conversation: High Coffee Prices Are Changing How People Take Their Daily BrewSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Olayan Group, a Saudi empire led by sisters Lubna and Hutham Olayan, has grown in influence, with a nearly $13 billion stock portfolio in the US and stakes in companies like BlackRock Inc. and JPMorgan.(2) US negotiators offered more significant security guarantees to Kyiv as part of President Donald Trump’s renewed push to end the Russia-Ukraine war, but the effort still appeared part of a bid to pressure President Volodymyr Zelenskiy on territory.(3) Nasdaq, the second-largest exchange in the US, is looking for regulatory approval to extend trading hours on its stock venues to 23 hours during the work week.(4) President Donald Trump sued the BBC for at least $10 billion over a misleading edit in a documentary last year that gave the impression he’d made a direct call for violence in a speech leading up to the Jan. 6, 2021, attack on the US Capitol by his supporters.(5) The UK finalized a long-awaited free trade agreement with South Korea that the government said would boost exporters from automaker Bentley to beverages firm Diageo.Podcast Conversation: The 25 Best Places to Travel in 2026, From Argentina to GabonSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) At around 6:47 p.m., as the sun began to fade on a warm Sunday afternoon at Sydney’s iconic Bondi Beach, the first gunshots rang out. Soon two gunmen were spotted in a parking lot close to a grassy area just off the beach, where more than 1,000 members of the Jewish community in Australia had gathered to celebrate the first day of Hanukkah.(2) President Volodymyr Zelenskiy signaled that Ukraine could accept security guarantees from the US and Europe as a way to prevent future Russian aggression, and substitute for its long-term goal of joining NATO.(3) Brown University, mourning two students killed during a shooting rampage Saturday, sent students home and called off final exams, classes and assignments for the fall semester.(4) Wage growth for the lowest-paid workers is starting to slow as a worsening jobs market undercuts the bargaining power of a section of the workforce that has proved resistant to the Bank of England’s inflation-fighting efforts, new data shows.(5) The head of Britain's Armed Forces says the "whole nation" needs to become more resilient and prioritise industry and infrastructure to deter the growing threat from Russia.In speech later today, the UK Chief of the Defence Staff Richard Knighton will warn the price of peace is increasing, as Russia attempts to divide and destroy NATO.Podcast Conversation: AI Is Getting Dangerously Good at Political PersuasionSee 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 the November jobs report and quarterly earnings from Nike. In the UK – a look ahead to the Conference of Paris. In Asia – a look ahead to the next monetary policy decision from the Bank of Japan. 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 said the US would be willing to contribute assistance to Ukraine as part of a security agreement to end the war with Russia, but continued to express frustration with the pace of talks.(2) The seizure of an enormous oil supertanker off the coast of Venezuela on Wednesday is just the beginning of a new phase in the Trump administration’s ramped-up pressure campaign against Nicolas Maduro, according to people familiar with the operation.(3) The premium Britain pays to finance its debts has narrowed thanks to Chancellor of the Exchequer Rachel Reeves shoring up the public finances in her budget last month, and a helping hand from her central bank.(4) Broadcom, a chip company vying with Nvidia for AI computing revenue, suffered a stock slide after its sales outlook for the red-hot market failed to meet investors’ lofty expectations.(5) China Vanke, the last big survivor of the country’s yearslong property crunch, sent investors an innocuous-looking announcement about a $3.1 billion loan agreement with a state-owned shareholder. But the Nov. 2 statement contained a twist: Shenzhen Metro Group, which had given unwavering support to the developer for nearly two years, now set a cap on any further financing. Podcast Conversation: Bob Iger Just Got the Better of Sam Altman: Dave Lee 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 forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries.(2) Ukraine sent a revised peace plan to Washington as President Donald Trump held a call with European leaders, according to a person familiar, as both sides scramble to keep efforts on track to end Russia’s invasion.(3) Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026.(4) Oracle shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.(5) London is experiencing the most widespread declines in house prices in the UK, estate agents warned, as the capital bears the brunt of Labour’s new tax on high-value homes.(6) Poland is the European Union’s biggest coal producer, but Europe’s Coal Mining Holdout Braces for Its Inevitable DemisePodcast Conversation: Diageo Taps Into Guinness Boom With New London Tourist HubSee 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 officials are primed to deliver a third consecutive interest-rate cut on Wednesday, but the streak may end there.(2) France’s National Assembly adopted a social security bill for next year, avoiding a potential government crisis and making it more likely lawmakers will pass a new budget by year-end.(3) Australia’s social media ban for youths took effect Wednesday, a landmark move that’s drawn global attention at a time governments are increasingly enacting rules to shield minors from harmful online content.(4) President Donald Trump said Russia is in a stronger military position in its war on Ukraine and scolded European leaders for what he called excessive dialog that’s produced scant results in his latest broadside against historical allies.(5) HSBC's CEO Georges Elhedery says not enough executives at the bank were fully accountable for their performance - before he began his radical restructuring of the lender 15 months ago.Podcast Conversation: In Reality, Japan Is No Country for Old Salarymen: Gearoid ReidySee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Paramount has launched a hostile takeover bid for Warner Bros. Discovery Inc at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.(2) European leaders are increasingly confident they will reach a deal to use frozen Russian assets before the end of the year following talks in London, even as a gulf remains between Europe and the US on providing security guarantees for Kyiv.(3) President Donald Trump granted Nvidia Corp. permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world’s most valuable company potentially regain billions of dollars in lost business from a key global market.(4) Unilever's new spinoff - The Magnum Ice Cream Company - was valued lower than some analysts expected in its debut on the Amsterdam Stock Exchange. Magnum shares closed at €12.97 each on Monday, giving the company a market value of €7.94 billion.(5) US Treasury yields climbed to the highest in more than two months on Monday. It comes amid a slump in global bonds, ahead of the Federal Reserve interest-rate decision tomorrow.(6) Black Friday discounts failed to prevent a slowdown in UK retail - adding to evidence that speculation of tax rises ahead of the Autumn budget damaged consumer confidence.Podcast Conversation: Fancy Going Out in London? Good Luck Finding a Table NowSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) JPMorgan Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US.(2) Keir Starmer will host Ukrainian President Volodymyr Zelenskiy in London on Monday as the UK prime minister and other key European leaders seek to steer US-led peace talks toward a resolution that protects Ukraine from the prospect of future Russian aggression.(3) US President Donald Trump raised potential antitrust concerns around Netflix’s planned $72 billion acquisition of Warner Bros. Discovery, noting that the market share of the combined entity may pose problems(4) Yardeni Research now recommends effectively going underweight the Magnificent Seven megacap technology stocks versus the rest of the S&P 500, expecting a shift in earnings growth ahead.(5) UK homes worth more than £2 million ($2.7 million) could drop about 5% in value next year as the market adjusts to a so-called mansion tax, according to forecasts from Hamptons. Podcast Conversation: The Games Wall Street PlaysSee 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 next week’s Fed decision and earnings from Oracle and Adobe. In the UK – a look ahead to the Blackhat cybersecurity conference. In Asia – a look ahead to China consumer and producer price 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) Chancellor Friedrich Merz’s ruling coalition with the Social Democrats faces a key vote in parliament on Friday that could precipitate its demise only seven months into its four-year term.(2) President Vladimir Putin arrived in New Delhi for his first state visit to India since Russia’s full-scale invasion of Ukraine, showcasing warming ties that have angered the US and led to hefty trade tariffs.(3) Jane Street’s record haul this year has been boosted by savvy bets on the artificial intelligence boom that are showing up as big gains in its trading results, according to people familiar with the matter.(4) Booker Prize-winning author Salman Rushdie warned that the banning of books in parts of the US is contributing to “unexpected amounts of pressure” on free expression around the world.(5) Jamie Oliver is bringing his Italian restaurants back to the UK six years after the chain collapsed into insolvency, returning at a time when the industry’s facing what he calls a “horror show” of higher costs and weak demand.Podcast Conversation: Are We in a Stock Bubble? This Is the Only Thread You NeedSee omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron sought Chinese leader Xi Jinping’s help in ending the war in Ukraine and urged Beijing to boost investment in France, as both sides look to rebalance their economic ties.(2) The UK government appears poised to approve China’s plan for a massive new embassy in London, as Prime Minister Keir Starmer looks to put spying fears aside and revive his plans for a diplomatic reset with Beijing.(3) Donald Trump’s aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser — in addition to his current job — should the president pick Kevin Hassett as the next chair of the Federal Reserve, according to people familiar with the matter.(4) The London Stock Exchange Group has agreed a deal with OpenAI that will give ChatGPT access to its licensed financial news and data.(5) Meta Platforms has poached Apple Inc.’s most prominent design executive in a major coup that underscores a push by the social networking giant into AI-equipped consumer devices. Podcast Conversation:Can Quality of Life Be A Superpower? Ask Finland: Lionel LaurentSee omnystudio.com/listener for privacy information.