Paramount's Hostile WBD Bid , Europe's Russian Assets Plan , Porsche Family Risks VW Recovery
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.
--------
17:11
--------
17:11
Europe Has A ‘Real Problem’, Trump Netflix-Warner Concern, Farage Woos UK Bankers
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.
--------
20:28
--------
20:28
Daybreak Weekend: Fed Decision, Cybersecurity Conference, China Eco
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.
--------
39:05
--------
39:05
German Coalition On Edge, Jane Street’s Savvy AI Bets, Jamie Oliver's Second Helping
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.
--------
16:44
--------
16:44
Macron & Xi Meet in Beijing, Meta’s Apple Talent Coup, Campari Seeks US Sunrise
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.