Bloomberg Daybreak: Europe Edition

The Surprise Chancellor, Canada Faces 50% Tariff, Hormuz Sailor Bonuses 21.07.2026 21min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Andy Burnham named former Defense Secretary John Healey to be his Chancellor of the Exchequer in a surprise move by the UK’s new prime minister that fueled speculation about a bigger increase in military spending.(2) US President Donald Trump said he had a “very good conversation” with new UK Prime Minister Andy Burnham and that they would be meeting in the “not too distant future,” signaling potentially better ties after tensions with Burnham’s predecessor.(3) The Trump administration vowed to impose a fresh 50% tariff on some Canadian goods over what it said was unfair treatment of American alcohol, cars and dairy, further inflaming trade tensions between the two neighbors.(4) US forces struck Iranian targets after President Donald Trump vowed Tehran “will pay” for killing three US soldiers, even as mediators proposed a new truce with the Middle East war widening further.(5) Europe’s status as the planet’s fastest-warming continent is becoming a serious drag on its economic prospects.(6) A Bloomberg Businessweek investigation has found that trades with characteristics often associated with insider activity have became more prevalent on Polymarket over the course of this year.(7) One shipowner is attempting to coax crews to sail through the Strait of Hormuz by offering them an extra six months pay if they’re willing to cross the vital oil channel, offering seafarers a stark choice between large financial rewards and the risk of death.See omnystudio.com/listener for privacy information.

Inside Burnham’s First Day, US-Iran Bombing Spirals Spain Wins World Cup 20.07.2026 21min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Andy Burnham is set to become the UK’s seventh prime minister in just over a decade on Monday with a number of outstanding questions about who will be in his cabinet and the policy direction he will pursue.(2) The Iran conflict continued to spiral over the weekend, with both sides trading attacks in the aftermath of an Iranian strike that killed two US service-members in Jordan and injured others. (3) A diesel squeeze is playing out across Europe as a slew of major supply challenges coincide, according to Morgan Stanley, which flagged record refining margins in the region and slumping stockpiles.(4) At least one person was killed in what Ukraine’s foreign minister called the largest ballistic missile barrage aimed at Kyiv since the start of the Russia’s invasion more than four years ago. (5) Moonshot AI has told investors it’s preparing to list in as early as six months, seizing the opportunity to tap capital markets after its latest model upended industry perceptions of China’s artificial intelligence capabilities and sent tech stocks reeling.(6) Spain won its second World Cup title, defeating Lionel Messi’s Argentina 1-0 thanks to substitute Ferran Torres’ strike in extra time before a sold-out crowd in New Jersey.(7) Ryan Fox wins the British Open with a birdie on the final hole.Podcast Conversation: How to Buy a Dinosaur: The Money, Advisers and Caution NeededSee omnystudio.com/listener for privacy information.

Daybreak Weekend: New Home Sales, UK Prime Minister, Japan Marine Day 17.07.2026 38min

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 new home sales data with a focus on three stocks for the week ahead. In the UK – a look ahead to the UK preparing to usher in its 7th Prime Minister in 10 years. In Asia – a look ahead to Japan Marine Day. See omnystudio.com/listener for privacy information.

Trump’s Primetime Claims, Chip Selloff Deepens, Burnham To Greenlight Drilling 17.07.2026 21min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump devoted a prime-time address to reviving unsubstantiated claims that the 2020 election was stolen and raising doubts about the security of the upcoming midterms, turning his attention to a years-long grievance at a perilous moment for his presidency.(2) Trump's renewed focus on America's biggest geopolitical rival comes as divisions continue to deepen within his own Republican base over the US-Israel war with Iran.(3) The US launched fresh strikes against Iran as hostilities across the Middle East continued to escalate and shipping traffic slumped in the critical Strait of Hormuz.(4) Japanese memory chipmaker Kioxia Holdings Corp.’s market capitalization halved in just a month since becoming the nation’s most valuable company, on growing concerns the AI-driven rally in the sector has gone too far.(5) Within days of taking office incoming Prime Minister Andy Burnham is preparing to announce new drilling for oil and gas in the North Sea as well as taking public control of Thames Water. Burnham approaches the gates of Downing Street along a path littered with short-tenured former leaders whose support quickly evaporated on contact with the realities of reviving the UK economy.(6) Netflix forecast a second consecutive quarter of slowing sales growth, contributing to investor anxiety about the streaming giant’s future. The company projected revenue of $12.9 billion in the current quarter and earnings of 82 cents a share, both a little shy of analysts’ expectations.Podcast Conversation: Are you an Iliad person or an Odyssey person? See omnystudio.com/listener for privacy information.

Economic Peril Warning, Hedge Funds Buy Alpha, England Exit World Cup 16.07.2026 18min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The global economy faces a renewed challenge if the conflict that’s choked the Strait of Hormuz isn’t resolved in a matter of weeks, said International Energy Agency Executive Director Fatih Birol.(2) A measure of sterling’s strength rose to its highest level in a year on Wednesday following reports that incoming UK Prime Minister Andy Burnham will name Shabana Mahmood as his Chancellor of the Exchequer. (3) Russian soldiers only live an average of 20 to 30 minutes on the battlefield because of Ukraine’s artificial-intelligence attack drones, CIA Director John Ratcliffe said on Wednesday. (4)  JPMorgan CEO  Jamie Dimon said the risks raised by Anthropic PBC’s Mythos artificial intelligence model are a “real issue” that the US government is on top of now. (5)  The world's biggest hedge funds are tapping portfolio managers at smaller firms for ideas, paying for "buyside alpha" signals, and seeking out raw trading ideas from small managers. (6) Europe's Coal Mines Claim Their Methane Emissions Have Plummeted. But Have They? Podcast Conversation: The Line Outside Is Almost More Famous Than the FoodSee omnystudio.com/listener for privacy information.

Trump Accelerates War, BOE Warns Burnham, Spain Beats France 2-0 15.07.2026 19min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US completed an additional round of strikes against Iran  hitting dozens of military targets near the Strait of Hormuz and Iranian coastal areas.(2) President Donald Trump backed away from his plan to impose a 20% charge on cargo shipments through the Strait of Hormuz after US allies in the Gulf urged him to drop it.(3) ASML lifted its annual sales forecast for the second time this year as a surge in artificial intelligence spending drives demand for the Dutch company’s chip-making machines. (4) Bank of England Governor Andrew Bailey said Britain needs to prioritize economic growth and maintain fiscal discipline, in a thinly veiled warning to incoming Prime Minister Andy Burnham (5) U-Test's brand ambassadors are online celebrities, including a former Welsh rugby player and an OnlyFans model, who promote the company's test kits for sexually transmitted infections and other health issues on social media. Some of U-Test's tests require medical knowledge and are labelled "for professional in vitro diagnostic use only", despite being marketed as "simple at-home tests" with instruction leaflets in dense technical language.Podcast Conversation:These World Cup Tweets Show How AI Will Unite Us AllSee omnystudio.com/listener for privacy information.

US-Iran Truce Collapses, ‘$30M’ Supertanker Fees, Cocaine Empire Exposed 14.07.2026 18min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The United States has carried out another round of strikes on Iran, after President Trump vowed to hit the country "hard". According to multiple reports, Trump has now formally notified Congress that the US is once again at war with Iran.(2) President Donald Trump threw out a demand of a 20% reimbursement on cargo shipped through the Strait of Hormuz, or roughly $30 million on full supertankers carrying oil.(3) Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action.(4) The European Union failed to endorse a 21st sanctions package against Russia on Monday, putting the bloc at risk of undermining one of its key tools to restrict the Kremlin’s oil revenue.(5) Rachel Reeves will issue a coded warning to the next Labour government by telling a City of London audience on Tuesday night that plans to boost the economy will only succeed with the support of financial markets.(6) It was supposed to be a cargo of bananas from Latin America. What Spanish police found on the ship in the Mediterranean port of Algeciras instead were 13 tons of cocaine. The case is striking in how it alleges links to financiers with Wall Street connections, an Irish fintech trading crypto assets, luxury Dubai real estate and multiple offshore lenders.Podcast Conversation: Scammers Are Being Scammed by Their Intended Victims OnlineSee omnystudio.com/listener for privacy information.

Hormuz: Open or Closed? 10K Heat Wave Deaths, Europe Diplomacy In-Tray 13.07.2026 19min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US launched fresh missile attacks against Iran on Sunday in what has become a pattern of strikes and counterstrikes by Washington and Tehran as the two sides issued conflicting declarations over whether the Strait of Hormuz is open to shipping.(2) This year’s record-breaking heat in central and western Europe has already caused close to 10,000 deaths across the UK, France, Spain and Germany, according research groups and government bodies in the affected countries.(3) Andy Burnham, the UK’s presumptive next prime minister, is considering unveiling a bolstered budget later this year as allies and experts seek to persuade him to pursue a land tax, public control of utilities and a more ambitious devolution strategy.(4) UK police said they arrested a suspect on Saturday on suspicion of the murder of former minister and Reform UK politician Ann Widdecombe(5) Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced, but their biggest immediate selling point may not be what they can do but how little they charge to do it.(6) European foreign ministers will be grappling with the developments in the Middle East when they meet in Brussels this morning.Podcast Conversation: Satisfying Wealth Books For Your Summer Reading List See omnystudio.com/listener for privacy information.

Daybreak Weekend: US CPI, ECB Outlook, South Korea Constitution Day 10.07.2026 38min

Bloomberg Daybreak Weekend with Host John Tucker 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 and PPI data, along with a focus on three stocks for the week ahead. In the UK – a look ahead to what lays ahead for the European Central Bank as it grapples with a uncertain inflation landscape. In Asia – a look ahead to South Korea’s Constitution Day. See omnystudio.com/listener for privacy information.

Burnham’s UK Coronation, Monaco Bomber New Twist, Europe Bakes Again 10.07.2026 20min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Andy Burnham’s path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader.(2) Technical talks between the US and Iran are continuing, according to a US official, following two days of clashes that threatened to shatter an already fragile ceasefire between the two nations.(3) Europe’s third major heat wave this year is set to intensify and expand, extending from west to east over the coming week.(4) Volkswagen plans to cut its sprawling model lineup by as much as 50%, a savings push that was unveiled after a closely-watched supervisory board meeting that stopped short of agreeing on deeper workforce reductions.(5) As investors increasingly turn to artificial intelligence for help with everything from stock picking to risk management, JPMorgan Chase. has been testing whether a model can do something more ambitious: allocate money itself.(6) A Ukrainian intelligence officer, who previously admitted to killing a woman linked to a bombing in Monaco, retracted his confession and shifted the blame to another defendant as their bail hearing opened in KyivPodcast Conversation: CoverGirl Stops Chasing Gen Z to Focus on Middle-Aged WomenSee omnystudio.com/listener for privacy information.

US-Iran Attacks Intensify, Europe's Nuclear Push, Online Rage Fuels Riots 09.07.2026 19min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US military struck Iran for the second straight day, an escalation of violence that threatens efforts to reach a permanent peace deal.(2) Oil extended a surge as the US struck targets in Iran for a second day, raising risks for energy supplies from the Middle East.(3) Russia announced a short-term ban on diesel exports, causing global prices for the fuel to surge to multi-year highs, as a wave of Ukrainian drone attacks leads to domestic shortages.(4) The European Union will allow governments to include nuclear power as one of the categories of energy spending that qualify for greater flexibility under the bloc’s strict budgetary rules. (5) Nigel Farage intended his shock decision to quit Parliament and seek reelection in his coastal seat as a demonstration of political strength. But a man wearing a trash can could end up showing the depth of antipathy to the Reform UK leader.(6) The UK has seen three summers of anti-migrant protests which have turned to violence -- in Belfast in Northern Ireland and in Southampton, following the death of Henry Nowak. Anger and resentment is being manipulated online and weaponized -- and authorities are struggling to address the real world impact.Podcast Conversation: Inflammation Has Become the Wellness Industry's Latest BuzzwordSee omnystudio.com/listener for privacy information.

Major New Strikes On Iran, Trump Still Wants Greenland, Swiss Stun Colombia 08.07.2026 21min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US forces completed a round of offensive strikes against Iran, according to a post on X by Central Command. (2) The UK, France and Germany have launched a $50 billion NATO initiative to spur the development of long-range weapons without US involvement, aiming to close the gap in an area where Russia is well ahead.(3) Greenland “should be controlled by the United States,” President Trump says ahead of a meeting with NATO leaders.(4) Nigel Farage’s shock decision to quit as MP so he can fight again for the seat he won two years ago puts the poll-topping Reform leader back where he’s happiest: at the center of Britain’s attention.(5) Marine Le Pen, France’s far-right leader for two decades, intends to make her fourth presidential run even after an appellate panel ordered her to wear an electronic-monitoring device when it upheld her conviction for misusing public funds.Podcast Conversation: UK Economy Needs an England World Cup Win: Andrea FelstedSee omnystudio.com/listener for privacy information.

Oil Tanker Set Ablaze, Le Pen’s Judgement Day, Belgium Thrash USA 4-1 07.07.2026 20min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iran fired at least two missiles at commercial ships transiting the Strait of Hormuz on Monday night, Axios reported, testing a late-June deal with the US to halt attacks as the two sides work toward a peace agreement.(2) Asian equities fell as renewed selling in technology stocks deepened concerns that the AI-driven rally may have run ahead of itself.(3) The outcome of Marine Le Pen’s appeal of her conviction for embezzling public funds could shape French and European politics for years.(4) A fledgling rebound in European defense stocks faces a test this week, as investors look to a NATO summit for further clarity on member states’ defense spending plans.(5) Andy Burnham, Britain’s likely next prime minister, faces competing advice from within his own camp on how to respond to the UK’s cost-of-living crisis, as he rushes to finalize his plans for government ahead of a Labour Party’s leadership contest he’s set to win.(6) Team USA’s run in the World Cup came to an end on Monday as it failed to make the quarterfinals, while outrage over FIFA’s decision to allow striker Folarin Balogun to play continued to simmer.Podcast Conversation: The World’s Most Romantic Destinations Are Becoming Family PlaygroundsSee omnystudio.com/listener for privacy information.

Russia Pounds Kyiv, Trump’s World Cup Intervention, 10 Companies To Watch 06.07.2026 19min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Russia launched waves of missiles and drones targeting Kyiv overnight into Monday that killed at least seven people, authorities said, hours after Ukraine’s president warned that another large-scale attack was imminent.(2) The world must urgently develop guardrails to contain the threat posed by artificial intelligence, Britain’s foreign secretary is set to warn.(3) The world must urgently develop guardrails to contain the threat posed by artificial intelligence, Britain’s foreign secretary is set to warn.(4) Donald Trump’s war against Iran may be over, but the repercussions for global monetary policy are here to stay.(5) Oil and gas shipping along a US-protected corridor in the Strait of Hormuz showed signs of recovering Sunday, a day after a batch of vessels performed unexplained U-turns and detours in the vital energy corridor.Podcast Conversation: The Supertanker Tycoon Making Millions on Hormuz Shuttle RunsSee omnystudio.com/listener for privacy information.

Daybreak Weekend: AI's Job Impact, NATO Summit, China Eyes New Eco Data 04.07.2026 39min

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 – we look at the potential impact of AI on the labor market In the UK – we preview the upcoming NATO summit in Turkey In Asia – we discuss inflation in China ahead of new economic data See omnystudio.com/listener for privacy information.

Markets Ignore Chaos, Spotify Chart Rigging, Hormuz Sailors Still Trapped 03.07.2026 21min

Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.Your morning briefing. All the news you need to start your day.On today's podcast:(1) Wall Street is kicking off the second half of 2026 with fresh conviction: shrugging off one shock after another, markets are set to grind even higher.(2) President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook.(3) The top US commander for Europe and Africa stepped down on Thursday, following through on a plan that caught military leaders by surprise and sending another signal that the Trump administration wants to scale back its defense commitment to the continent.(4) Andy Burnham said he would increase business rates on warehouse-based companies in order to lower costs for high street shops and bars as he set out details of what he would do if he continues on his path to becoming the next prime minister.(5) Spotify has asked Kalshi and Polymarket to remove its logo and clarify that neither company has a partnership with the streaming service after it identified users manipulating rankings that are tied to prediction market bets.Podcast Conversation: NYC Summer of Fun Now Looks Set to Add Taylor Swift’s WeddingSee omnystudio.com/listener for privacy information.

Leveraged AI Bets Frenzy, US Pitches Two Tier NATO, The Mine That Predicts Wars 02.07.2026 17min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A global selloff in chip stocks is rippling through Asian markets, reviving concerns that the AI rally has gone too far, too fast. South Korean stocks slumped as Meta Platforms’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers.(2) Apple is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that’s forced the company to raise prices across its product line.(3) The US floated the idea of granting political and economic benefits to NATO allies that spend more on defense, raising the prospect of a two-tier alliance just before leaders gather for an annual summit.(4) Chancellor Friedrich Merz’s coalition reached an agreement on a set of reforms for Germany’s pension system, labor market and income tax, according to officials familiar with the deliberations.(5) Bank of England Governor Andrew Bailey cautioned that it is too early to consider interest-rate cuts, warning households are yet to feel the full effect of the Iran war.(6) Harry Kane revelled in having his “hero moment” as he saved England from a humiliating World Cup exit to the Democratic Republic of Congo.(7) Near a windswept beach off the southern coast of Australia lies a weirdly accurate indicator of global conflict.Podcast Conversation: Halifax to Rebrand to Lloyds, UK Bank ConfirmsSee omnystudio.com/listener for privacy information.

Ireland Tech Security Fears, Trump’s $1.4B Crypto Earnings, Anti-Migrant Protests In South Africa 01.07.2026 20min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Ireland takes over the EU Presidency today, at a moment when its policies on technology and defense are under scrutiny.(2) The US government removed foreign access restrictions on Anthropic PBC’s Fable 5 artificial intelligence model, clearing it for wider distribution after the startup resolved the Trump administration’s safety concerns.(3) President Donald Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure.(4) US negotiators Jared Kushner and Steve Witkoff had positive discussions with regional leaders in Qatar and technical talks with Iran are moving ahead, according to a senior administration official, as the countries seek to ease tensions in the wake of recent attacks that imperiled an already fragile ceasefire.(5) The Spanish government is set to grant residency permits to more than 1 million undocumented migrants, double the number that was projected when a mass regularization program was announced in April, according to a person familiar with the matter.(6) Thousands of people joined anti-migrant protests in South Africa yesterday, in a culmination of weeks of demonstrations around the country.Podcast Conversation: Wearing Shorts to Work? That Should Be OK in 2026 See omnystudio.com/listener for privacy information.

Monaco Explosion Manhunt, WhatsApp’s Big Change, Germany Exits World Cup 30.06.2026 16min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Europe is becoming less vulnerable to outside shocks thanks to a better financial framework and progress on the green transition, Christine Lagarde said.(2) The European Union and China set an October deadline to make progress on trade disagreements, as tensions rise between the two economic powers.(3) A top Iranian official reiterated the country’s determination to maintain control over maritime traffic moving through the Strait of Hormuz, raising the stakes ahead of fresh negotiations with the US on ending their war for good.(4) The Supreme Court has handed President Donald Trump sweeping power to bend much of the federal regulatory state to his will, a major expansion of executive branch influence that will enable him to fire the heads of independent agencies that police markets, protect consumers and enforce workplace rules.(5) WhatsApp will let the messaging service’s 3 billion global users select a username for their account, a change meant to increase privacy by letting people connect on the platform without having to share their phone number. Podcast Conversation: The New Etiquette for Navigating AI NotetakersSee omnystudio.com/listener for privacy information.

Putin Admits Problems, Burnham Sets Out Vision, Greenland’s Unusual Issue 29.06.2026 21min

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.(2) Russian President Vladimir Putin said fuel supply problems persist for motorists and businesses, including queues at gas stations, as Moscow weighs measures to stabilize the domestic market after refinery outages.(3) Britain has scrapped plans to replace its aging warships with a new destroyer and will instead procure at least six so-called common combat vessels as it seeks to prepare the military for modern warfare.(4) Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister.(5) China can endure a further deterioration — or even a freeze — in economic and trade ties with the European Union if talks are treated as a mere formality, according to Yuyuantantian, a social-media account affiliated with China Central Television.(6) Wall Street banks are capitulating on bets for a stronger euro, as markets see the US outpacing Europe on interest-rate hikes for the rest of this year.Podcast Conversation: A Prada Sandal Dispute Tests India's Bid to Protect Its CultureSee omnystudio.com/listener for privacy information.