President Donald Trump said ramped up military strikes against Iran were “possible” after the November midterm elections, as his administration struggles to find an exit plan for a war now in its eighth month.
President Donald Trump last year capped tariffs on Japan and South Korea at 15% in exchange for pledges by the two nations to invest a combined $900 billion in the US. The deals were part of Trump’s push to narrow US trade deficits with both countries that have long drawn the ire of the president. In the first half of 2026, Japan’s trade surplus with the US was $20 billion. The US trade shortfall with South Korea was much wider, at $50 billion.
Ahead of a pivotal midterm election defined by concerns around surging rent and gas prices, student debt is emerging as an affordability issue some voters say is being overlooked. Liam Knox reports. (Source: Bloomberg)
Andy Burnham will reveal a 10-year vision to “make this country work for you again,” the UK prime minister promised the British public in his first conference speech as Labour party leader this week. What he failed to mention is the £85 billion ($113 billion) black hole in those plans.
A yearslong legal campaign to hold the oil industry accountable for climate change risks running aground in the US as the Supreme Court takes up a case that threatens to undercut dozens of lawsuits.
The European Union is coordinating a joint position with member states on emergency diesel stocks after the US requested a release to ease prices and avert an export ban.
South Korea has pushed back on the Trump administration’s announcement that the country would invest $54 billion in a liquefied natural gas project in Alaska, saying it had agreed to do so only if the long-stalled venture proves economically feasible.
Zimbabwe said that compensation to White farmers for land seized 26 years ago has now reached $508 million, as the southern African nation seeks to restore access to international capital markets.
The top Democrat on the House Judiciary Committee is demanding a pair of government watchdog agencies investigate President Donald Trump’s use of taxpayer money to fund an ad campaign promoting his presidency ahead of the midterm elections.
Aliki Rouffiac, portfolio manager at Robeco, argues there are reasons to be positive about equities despite rising bond yields, with US midterm elections and upcoming high-profile IPOs contributing to the upside. She tells Bloomberg Television that while there are short-term risks, such as rising interest rates, earnings growth is likely to continue in the months ahead. (Source: Bloomberg)
UBS Wealth Management France CIO Claudia Panseri discusses today's budget presentation and the outlook for the nation's sovereign debt. "I think taking the risk of shorting French debt at 127 basis points [the spread between French and German bond yields] is high. This is because, for me, the budget will pass," Panseri says on Bloomberg Television. (Source: Bloomberg)
Prominent Zimbabwean businessman Wicknell Chivayo, his wife and four other people died in a helicopter accident in a rural area in the east of the country.
Two explosions were heard in the Ethiopian capital, Addis Ababa, overnight in suspected drone attacks that would mark a dangerous extension of the conflict in the country’s northern Tigray region.
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.
US equity-index futures climb with Asian tech shares also higher following an upbeat forecast from Micron.
Google has begun rolling out Gemini 4 Argon, but the company is grappling with internal skepticism over how well it performs in key areas, such as coding.
And a pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane in what Israeli Prime Minister Benjamin Netanyahu branded a serious security incident.
Today guests: Anna Macdonald, Hargreaves Lansdown, Investment Strategy Director; Graham Lee, Capitec, CEO. (Source: Bloomberg)
US President Donald Trump was wrong to invite his Russian counterpart Vladimir Putin to this year’s Group of 20 meeting in Atlanta, according to Polish Foreign Minister Radek Sikorski.
UK house prices dropped at the fastest pace since May, according to one of the country’s largest mortgage lenders, in a sign that aspiring buyers are being put off by a surge in borrowing costs.
France’s government is set to unveil plans to narrow the budget deficit sharply. Ministers will present the details of a €54 billion ($61.2 billion) effort to curb runaway spending and pare the fiscal shortfall to 5% of economic output in 2027 from 5.4% this year. Bloomberg's Caroline Connan reports. (Source: Bloomberg)
