Business
Israel Considers Range of Retaliation Options on Iran | Daybreak: Europe 10/03/2024
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.
Today’s guest: Yam Taw Boon, Neuberger Berman Head of Thematic Asia & Portfolio Manager.
On today’s show, we cover the story of the US president Joe Biden said Israel should hold off from attacking Iran’s nuclear facilities in retaliation for a missile barrage this week, as Group of Seven nations sought to tamp down a spiraling conflict that threatens to pull the US even deeper in.
Asked if he would support such a response, which some Israeli politicians have called for, Biden responded, “The answer is no.” He said he was set to speak with Prime Minister Benjamin Netanyahu, and the G-7 planned a statement in an effort to head off further escalation, while further sanctions will be imposed on Iran.
Elsewhere, OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world’s leading generative AI technology.
The funding round was led by Thrive Capital, the venture capital firm headed up by Josh Kushner, which put in $1.3 billion. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar with the matter. Other investors included Khosla Ventures, Fidelity Management & Research Co. and Nvidia Corp., the chipmaker whose powerful processors are at the center of the AI boom. Microsoft declined to comment.
Chapters:
00:00:00 – Daybreak Europe
00:00:20 – Biden Seeks to Deter Israeli Attack on Iran Nuclear Sites
00:01:21 – US jobs data damp rate-cut optimism
00:06:54 – Biden Says G-7 Plans Sanctions Targeting Iran for Israel Attack
00:09:37 – Yen closes out worst day since June 2022
00:13:12 – Macron Says France’s Parliament Can Overcome Divisive Election
00:16:48 – OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
00:20:32 – Hurricane Helene Insurance Losses Expected to Reach $6.4 Billion
00:26:45 – BOE’s Bailey Raises Prospect of More Aggressive Rate Cuts
00:27:59 – Netanyahu vows reprisal against Iran
00:30:31 – IDF: 8 Soldiers killed in Lebanon clashes
00:35:10 – Macron Backs Temporary Extra Tax on Large French Companies
00:39:05 – OpenAI Completes Deal That Values Company at $157 Billion
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The New York primary election is scheduled for Tuesday, with numerous significant seats contested. Early voting began on June 13, and as of the morning of the broadcast, over 135,000 early check-ins have been recorded according to Vote NYC. Politico New York state politics reporter Jason Beeferman comes on Bloomberg This Weekend to provide insight into the key races and what viewers should watch for in this important primary election.
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Business
Vance Warns Israel Against Attacking its ‘Only Powerful Ally’ | Balance of Power 06/18/2026
“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Former National Security Advisor John Bolton warns that Iran will use oil funds to rebuild their war capabilities and calls the current situation a “trap of Trump’s own making.” Aaron David Miller, Senior Fellow at the Carnegie Endowment for International Peace, comments on Vice President JD Vance’s warning to Israel against attacking its “only powerful ally.” Marc Morial, President & CEO of the National Urban League, discusses the grand opening of the Obama Presidential Center and what the center represents.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:00:31 – Opening Headlines: Trump-Iran MOU & Political Fallout
00:01:39 – JD Vance Defends the Iran Memorandum
00:04:07 – John Bolton, Fmr. National Security Advisor, Criticizes the Iran Deal
00:12:12 – Bolton on Ukraine, Russia, and US Strategy
00:14:25 – Power Moves: Top Financial Stories of the Day
00:19:15 – Aaron David Miller, Senior Fellow at the Carnegie Endowment for International Peace, on US-Israel Relations
00:25:19 – The Debrief: Mario Parker on Janeese Lewis George Win
00:30:56 – Lisa Mateo on New York Knicks Championship Parade
00:33:22 – Political Panel: Iran Deal, Israel, and Midterms
00:43:07 – Marc Morial, President and CEO of The National Urban League, on the Obama Center and Democracy
00:47:10 – Week in Review and Closing Thoughts
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With Knicks NBA Finals seats and World Cup tickets costing thousands, golf’s US Open in the Hamptons is emerging as a rare bargain. Paulina Cachero breaks down the numbers
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Some oil and gas vessels have begun to cross the Strait of Hormuz, including ships owned by Saudi Arabia’s state tanker giant. The movement of Saudi ships through the waterway marks the first large volumes of Saudi oil to cross the strait since the Iran war began. Bloomberg’s Abeer Abu Omar reports.
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#Guinness is a brand that’s been around for 270 years. Diageo’s Global Category Director explains how the #Irish #stout has managed to evolve and grow, while staying true to its roots.
Diageo Global Category Director Gráinne Wafer reflects on her personal connection to the Guinness brand and the challenge of keeping an almost 270-year-old icon relevant for a new generation of drinkers. Wafer explains how the Irish stout is evolving while holding onto the ritual, quality and community that she says built it.
#Beer #Business
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