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Iran and Oman Discuss Strait of Hormuz Deal | Daybreak Europe 8/26/2026

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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.

Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried by the Oman News Agency, as the two sides press ahead with long-running talks over navigation through the key waterway.

Stocks rose as Asian chipmakers advanced ahead of Nvidia results, with traders looking to the chip bellwether’s earnings for the next beat in the AI trade.

And Bloomberg learns the Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US.

Chapters:
00:00:00 – Daybreak Europe
00:00:42 – Nasdaq Futures Underperforms Ahead of Nvidia
00:03:15 – Nvidia Report to Show Sustainability of AI Spending
00:05:09 – Iran, Oman Push for Interim Hormuz Reopening
00:05:36 – Hormuz Transit Routes Emerge
00:15:37 – ECB’s Schnabel Says Rates Must Rise Further on Inflation Risks
00:18:25 – OpenAI Steps Into the Chips Race With Jalapeno
00:24:51 – Stocks Rise in Runup to Nvidia, Oil Extends Slide
00:28:14 – Carney Matches Trump Tariffs With 50% Tax on US Dairy, Steel
00:31:44 – Meta, States Have Discussed Settling Teen Social Media Case
00:35:11 – Trump-Backed Darline Graham Wins Senate Runoff in South Carolina
00:41:11 – France Heads Into Budget Debate on Weak Footing
00:43:21 – ‘Queen of Country’ Dolly Parton Dies at 80
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Investors Bet on a Hair Loss Treatment Boom

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Drugmakers are developing a new generation of hair loss treatments, including lotions, pills and longer-lasting injections, targeting a US market where tens of millions of men and women experience pattern hair loss. Joining Christina Ruffini and Bailey Lipschultz on Bloomberg This Weekend is Bloomberg News Equities Reporter Avalon Pernell says some treatments could seek approval and reach the market as soon as 2027, drawing investor interest in companies hoping to tap consumers already willing to spend heavily on hair restoration.
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Stocks Rebound as Oil Prices Stay Elevated | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Lisa Mateo, and Tim Stenovec.
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Nvidia CEO Huang on the $3.5 Billion Deal With MediaTek

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Nvidia is investing $3.5 billion in MediaTek, deepening collaboration with the Taiwanese chipmaker as it’s working to persuade more companies to build chips that plug into its dominant data center ecosystem. Nvidia CEO Jensen Huang and MediaTek CEO Rick Tsai join Bloomberg’s Ed Ludlow in this exclusive interview to discuss the deal.
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US’s Wright on Venezuela Oil Production, SPR, Strait of Hormuz

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US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks with Tyler Kendall in Caracas, Venezuela.
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Inside the Dangote Family Vision and the Next Era of African Industry

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What does the future hold for one of Africa’s most powerful industrial empires? In this exclusive conversation on Bloomberg Next Africa, Halima, Mariya, and Fatima Dangote sit down to discuss the next generation of leadership at the Dangote Group — from expanding cement production and investing in refining, fertilizer and power to building a family office focused on preserving the family’s legacy for generations. They also discuss creating more value from Africa’s resources at home, the role of partnerships and investment, and plans for a pan-African IPO of the Dangote refinery. Discover how Aliko Dangote’s daughters plan to carry forward their father’s legacy through strategic growth, diversification, and long-term wealth preservation.

#Dangote #AfricanBusiness #Leadership #Investing #Industry #FamilyOffice #PanAfricanIPO

Chapters:
00:00:00 – Intro & Show open
00:02:18 – Next Generation Steps Into Leadership
00:03:46 – Seeking Growth Beyond Core Businesses
00:04:26 – Family Office Links Investment and Impact
00:06:11 – Building a Business to Last Generations
00:06:58 – Refinery IPO Could be Africa’s Biggest
00:09:40 – Carrying an Industrial Legacy Forward
00:16:22 – Johannes Loefstrand, T. Row Price, Frontier Markets Equity Fund, Portfolio Manager
00:18:39 – Yvonne Ike, Bank of America MD & Sub-Saharan Africa Head
——–
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