Bloomberg Daybreak

Hungary needs to significantly narrow its budget deficit to make debt financing sustainable and to put the country on a path toward adopting the euro, Prime Minister Peter Magyar said.

Two tankers hauling liquefied natural gas from the US diverted toward Europe in recent days as Asian demand dipped, signaling temporary relief for the tight global market before winter kicks in.

David Ouellet, technology chief for the Public Sector Pension Investment Board, is leaving the Canadian manager, adding to a list of high-profile exits in the past two years.

Angelini Industries CEO Sergio Marullo di Condojanni discusses acquisition and growth prospects on "The Pulse with Francine Lacqua" on Oct. 6. (Source: Bloomberg)

Hurricane Isaias strengthened into a major storm Friday as it barreled toward more than 3 million people along the US Gulf Coast, threatening dangerous flooding and storm surge after forcing energy producers to curb output.

The US expressed “absolute understanding” of Slovakia’s need to keep importing Russian oil and gas until the end of 2027, Economy Minister Denisa Sakova said.

Sheila Kahyaoglu, senior equity research analyst at Jefferies, examines third-quarter results from Delta Air Lines, which cut its full-year earnings outlook on high jet fuel prices. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

US equity futures rebound from two days of losses as OpenAI is reportedly expecting to reach or exceed $70 billion in annualized revenue by year-end, easing concerns that sales were falling short of earlier estimates. The dollar rally continues as soaring oil prices weigh on currencies of energy importing nations and global inflation fears persist. Sitara Sundar of JPMorgan Private Bank joins "Bloomberg Brief" to discuss the volatility surrounding AI and geopolitics. (Source: Bloomberg)

The bull market in US stocks is showing few signs of stress as it approaches its fourth anniversary: Corporate profits are rock-solid, the S&P 500 Index is near a record and volatility appears subdued.

Employment in Canada fell by 68,300 last month, more than erasing previous job gains this year as the trade war with the US drags on.

France’s budget proposal is a meaningful attempt to tame the deficit that risks adverse consequences if it doesn’t pass, according to a senior Fitch Ratings analyst.

The region could pay up to secure more fuel or curtail its consumption. Neither is an attractive option.

US stocks ended the week inches away from record highs as investors brushed aside concerns around the artificial-intelligence spending spree and an energy crunch to prepare for the start of earnings season.

Chris Verrone, partner and chief market strategist at Baird Strategas, sees equity markets as “highly rotational” and doesn’t think bond yields are high enough to be “truly competitive for your capital every day.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

KKR & Co. has prohibited non-compete agreements for lower-paid employees at its US portfolio companies, aiming to show that the restrictive contracts aren’t needed for firms to remain competitive.

Delta Air Lines Inc. cut its full-year earnings outlook on high jet fuel prices stemming from the war in the Middle East, even as strong travel demand helped to offset some of the added costs. Lisa Abramowicz and Annmarie Hordern have more on Bloomberg Television. (Source: Bloomberg)

Two men charged with spying for the Iranian intelligence service on members of the Jewish community in London pleaded not guilty on Friday.

Malaysia’s retail and tourism sectors are set to benefit as the government increases cash aid and raises the minimum wage to ease cost-of-living pressures in what could be Prime Minister Anwar Ibrahim’s final budget before a national election.

Bond investors are demanding the most compensation to own French bonds over Italian ones since the founding of the euro.

A proposed public firing-squad execution discussed by the US defense secretary is a “medieval” idea that could damage the Republicans ahead of the midterms, according to Morris Reid, Partner at Actum, who served in the Clinton Administration. Speaking to Francine Lacqua on "The Pulse", Reid says this shows a lack of coordination within the Trump administration as it braces for "challenging" elections. (Source: Bloomberg)