Press Association
Worker challenges Rishi Sunak on 'watering down' green policies at business event
Rishi Sunak was asked by a business employee during a PM Connect event in Nottinghamshire whether he had “watered down” his Government’s environmental policies. The Prime Minister denied that he had, saying the UK continued to have net...
Press Association
Labour Party conference – a look at what to expect as members gather in Liverpool
When Labour members gather for the party's annual conference in Liverpool they will hope Sir Keir Starmer can convince the public he is a prime minister in waiting. Here are some key things to look out for in what could be Labour's last...
Press Association
Ministers sound note of caution on budget plans
Public Expenditure Minister Paschal Donohoe speaks about plans for the budget. He was commenting at an event to publish an update report on delivery of the 50 largest infrastructure projects in Project Ireland 2040.
Bloomberg
US Government Shutdown Averted: What's Next?
The deal to avert the government shutdown will keep the government running until Nov. 17, but it might come with a heavy political cost for House Speaker Kevin McCarthy. Kailey Leinz reports on Bloomberg Television.
Press Association
Defence Secretary uses Tory conference stage to announce deployments of troops in Balkans and RAF in Poland
The Defence Secretary has announced £4 billion of contracts with British firms to develop the “most powerful attack submarines ever operated by the Royal Navy”. Speaking on the main stage of the Tory conference in Manchester, Grant...
Press Association
Politics daily briefing: September 30
Daily politics briefing for September 30, as the Chancellor ruled out early tax cuts in The Times on the eve of the Conservative Party conference.
Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
Northern Trust's Tannenbaum on US Shutdown
Carl Tannenbaum, chief economist at Northern Trust, discusses the looming US government shutdown and the economic implications. He speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
US Government Shutdown Looking Likely as Deadline Nears
A deal that would avert a US government shutdown this weekend is looking less likely. Republican House Speaker Kevin McCarthy wants to use a shutdown to secure more concessions. He says border security is a top concern. Bloomberg's...
Bloomberg
China Ramps Up Sovereign Debt Issuance
A surge in sovereign debt issuance is heaping pressure on China's central bank to keep funding conditions loose. Authorities are pivoting toward stronger fiscal stimulus to spur the economic recovery. Charlie Zhu reports on Bloomberg...
Bloomberg
Valentino Chair Expects Kering to Take Bigger Stake
Valentino Chairman Rachid Mohamed Rachid joins Kriti Gupta on The Pulse to discuss the Valentino and Kering deal.
Bloomberg
Darden Says Customers Are Drinking Cheaper Alcohol
Could this be a sign of the times? At Darden's higher-end locations, which include the Capital Grille and Ruth's Chris Steak House, consumers are trading down to lower-priced alcohol compared to last year, according to the company. Alix...
Bloomberg
Kraus: Fed Will Not Consciously Break the Economy
Peter Kraus, Aperture Investors Chairman & CEO and Sarah Ketterer, Causeway Capital CEO discuss why the Fed's plan to hold rates higher for longer is causing tremors in markets.
Bloomberg
Narrow Window to Achieve Soft Landing: Summers
Lawrence H. Summers, Former US Treasury Secretary discusses the latest on the Fed and its goals to achieve a 2% inflation economy. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
Volkswagen, Germany Fall Behind in China EV Race
Volkswagen AG is facing heavy competition in China's EV market from BYD Co., Nio Inc., and other local brands, as the automaker struggles to regain the position it held in the market pre-pandemic. Oliver Crook has the details in today's...
Bloomberg
OCBC Bank Is Neutral on Chinese Equities: Menon
"We have since taken it down from overweight Chinese equities to neutral." Vasu Menon, managing director of investment strategy at OCBC Bank, discusses Chinese equities, stimulus and what he thinks would help boost the economy. He speaks...
Press Association
Taoiseach Leo Varadkar and finance minister Michael McGrath speaking before cabinet meeting
Taoiseach Leo Varadkar speaking to media as he arrives for a cabinet meeting in Avondale House, Co. Wicklow. The Taoiseach has defended the Government’s approach to the budget following a critical assessment by a fiscal watchdog.
Bloomberg
Borish: No More Rate Hikes in 2023
Peter Borish, Computer Trading Corporation CEO doesn't expect the Fed to raise rates for the remainder of 2023, but warns of deflationary pressures of higher rates.
Press Association
Emily Thornberry says reshuffle is just 'moving the deckchairs' on Government 'sinking ship'
Shadow attorney general Emily Thornberry said the reshuffle is just “moving the deckchairs” and the Government is still a “sinking ship” as Grant Shapps has been appointed Defence Secretary.
Bloomberg
Deficit Spending Will be Focus of Election Debates Robson Says
Meghan Robson, BNP Paribas head of US credit strategy, says the federal government's deficit spending will take center stage in political debates. She speaks on "Bloomberg The Open" along with Erik Nelson, Wells Fargo macro strategist....
Bloomberg
Diokno: Confident Philippines Can Cut Rate in 1Q 2024
Philippines Finance Secretary Benjamin Diokno discusses central bank policy, the potential for a rate cut, and his outlook for Philippine growth. He speaks exclusively on Bloomberg Television.
Bloomberg
BlackRock Investment Institute on Top Market Themes
Ben Powell, Chief APAC Investment Strategist at BlackRock Investment Institute, discusses his investment views when confidence on China falls and markets come to terms that central banks may stay higher for longer. He speaks with Rishaad...
Bloomberg
China Tech Recovery Still Uncertain: Earnings Week Ahead
NetEase and Baidu also announce results this week, hot on the heels of Tencent's revenue miss that was seen as a bad omen for the tech industry. Felix Tam reports on Bloomberg Television.
Bloomberg
UK Wage Growth Accelerates in Tight Labor Market
UK wage growth rose at the strongest pace on record, with average pay excluding bonuses rising 7.8% in the three months through June compared with a year ago. Bloomberg's John Stepek breaks down the jobs report on "Bloomberg Markets Today."