Bloomberg Daybreak: Europe Edition

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.