Japanese Prime Minister Sanae Takaichi took to social media over the weekend touting efforts to revise the country’s rules related to foreign nationals, days before some of those rules come into effect.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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.
Bonds and stocks dropped after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, denting some of the optimism that lifted markets late last week. Oil rose and precious metals sold off.
The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, as the superpower rivals take steps to steady ties following a summit between leaders Donald Trump and Xi Jinping.
And Britain’s governing Labour Party gathers in Liverpool for its annual conference ahead of the budget next month.
Today's guests: Martin Heydon, Irish, Agriculture Minister; Rain Newton-Smith, CBI, CEO. (Source: Bloomberg)
The European Union has dived into the growing debate over data centers with a new sustainability label that will show, among over things, how much power and water a plant is using. Caitilin McManus, a data center analyst at BloombergNEF, joins Daybreak Europe to discuss the move and what it means for hyperscalers and others looking to expand in Europe. (Source: Bloomberg)
UK Prime Minister Andy Burnham and Chancellor of the Exchequer John Healey face a high-stakes moment at the Labour Party's annual conference, as they seek to pivot from the boosterish optimism of Burnham’s early days as premier to a tougher message of tax rises and spending restraint. Bloomberg's Caroline Hepker reports from Liverpool. (Source: Bloomberg)
Rain Newton-Smith, Confederation of British Industry chief executive officer, discusses what to expect from Chancellor of the Execequer John Healey's speech at the annual Labour Party conference and in his upcoming budget in October. "We need to see that detailed implementation of a growth plan," Newton-Smith says. She speaks with Bloomberg's Caroline Hepker from Liverpool, where the Labour Party is hosting its annual conference. (Source: Bloomberg)
Britain’s river crossings face growing strain from heavy traffic, extreme weather and funding shortages. Now some of London’s bridges really are falling down.
The US and China released lists of the $30 billion worth of goods they plan to cut tariffs on, though without providing details on how much levies would be slashed.
Eurasia Group China Director Dan Wang argues that upcoming US midterm elections will not alter relations with Beijing, as executive policy and tech export controls remain the primary drivers. (Source: Bloomberg)
The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, taking a step toward fulfilling a key outcome of last week’s summit between Donald Trump and Xi Jinping.
Seoul demanded an official apology and explanation from Kyiv, accusing Ukraine of violating an agreement to keep confidential the transfer of North Korean prisoners of war to South Korea.
Jollibee plans to spin off its fast-growing international business and list it in Hong Kong. Bloomberg Opinion columnist Juliana Liu says the split makes sense, but the overseas operation needs at least another year to prove it can stand on its own. (Source: Bloomberg)
France’s conservative Republicans party and its allies were set to retain a majority in the Senate, even as the populist National Rally gained several seats and boosted its position in the upper house.
UK Secretary of State for Scotland Douglas Alexander spoke to Bloomberg Television at the annual Labour Party Conference in Liverpool, saying that "there's a recognition that we face big constraints and big structural challenges" but that he personally welcomes Burnham's plans around social care. He also commented on the UK's relationship with the US in light of the RAF Fairford incident in the UK, saying he assures that the intelligence sharing relationships between the US, US, and allies across the West "is as strong as it's ever been." (Source: Bloomberg)
Donald Trump and Xi Jinping discuss Taiwan arms sales every time they get together but the American stance on the self-ruled island remains unchanged following the Chinese leader’s state visit to Washington last week, the US president’s top envoy to Beijing said.
President Donald Trump said he expects talks with Iran to resume this week, even after rejecting the latest Iranian proposal to reopen the Strait of Hormuz, Axios reported, citing a phone interview with the president.
President Donald Trump said that some of the men arrested Sunday on terrorism charges by the UK near an air base used by the US military were under surveillance and aimed to inflict major damage.
Puck News Washington writer Abby Livingston and Rutgers Eagleton Poll director Ashley Koning are on Bloomberg This Weekend to discuss polling that shows Democrats gaining ground ahead of the midterms, including in traditionally Republican states and districts. Speaking with hosts David Gura and Christina Ruffini, they examine how economic concerns, farm policy and attitudes toward President Donald Trump are shaping races including the closely contested Texas Senate campaign. (Source: Bloomberg)
Slovak Prime Minister Robert Fico said elections may be held as soon as January, as infighting between members of his ruling coalition threaten to cost him a majority in parliament.
Bloomberg Daybreak Europe anchor Caroline Hepker is on Bloomberg This Weekend previewing Prime Minister Andy Burnham’s first Labour Party conference as leader, where his plans for social care, housing and other reforms face the constraints of a difficult UK fiscal outlook. Speaking with hosts David Gura and Christina Ruffini from Liverpool, Hepker says Burnham has ruled out an early election as his government prepares for a challenging budget and tries to build on an initial increase in confidence. (Source: Bloomberg)
Bloomberg News Washington Bureau Chief Peggy Collins is on Bloomberg This Weekend discussing stalled US-Iran negotiations, President Donald Trump’s summit with Chinese President Xi Jinping and the continuing dispute over White House press access. She tells hosts David Gura and Christina Ruffini that the US-China summit extended the trade truce through Jan. 10 but left major trade and AI questions unresolved, while political and cost-of-living pressures are intensifying ahead of the midterm elections. (Source: Bloomberg)
