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EU Agriculture Ministers Meet as Rising Oil Prices Threaten Farmers

1 day 22 hours ago
Further European Union emergency support for the bloc’s agriculture sector depends on how market conditions develop, after extreme heat over the summer, according to the Ireland’s Agriculture Minister Martin Heydon. “It does depend on a number of factors,” Heydon said in an interview with Bloomberg Television, when asked whether the EU would need to go further than measures already announced. “Europe I think stands ready to support our agriculture sector” He added. (Source: Bloomberg)

Trump Rejects Iran's Hormuz Offer as US Borrowing Costs, Oil Rise

2 days ago
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. Bonds and stocks dropped after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, denting some of the optimism that lifted markets late last week. Oil rose and precious metals sold off. The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, as the superpower rivals take steps to steady ties following a summit between leaders Donald Trump and Xi Jinping. And Britain’s governing Labour Party gathers in Liverpool for its annual conference ahead of the budget next month. Today's guests: Martin Heydon, Irish, Agriculture Minister; Rain Newton-Smith, CBI, CEO. (Source: Bloomberg)

What Europe’s Data Center Energy Labels Mean for Hyperscalers

2 days ago
The European Union has dived into the growing debate over data centers with a new sustainability label that will show, among over things, how much power and water a plant is using. Caitilin McManus, a data center analyst at BloombergNEF, joins Daybreak Europe to discuss the move and what it means for hyperscalers and others looking to expand in Europe. (Source: Bloomberg)

UK's Burnham and Healey Face High-Stakes Moment

2 days ago
UK Prime Minister Andy Burnham and Chancellor of the Exchequer John Healey face a high-stakes moment at the Labour Party's annual conference, as they seek to pivot from the boosterish optimism of Burnham’s early days as premier to a tougher message of tax rises and spending restraint. Bloomberg's Caroline Hepker reports from Liverpool. (Source: Bloomberg)

UK's Healey Must Outline Detailed Growth Plan, CBI Says

2 days ago
Rain Newton-Smith, Confederation of British Industry chief executive officer, discusses what to expect from Chancellor of the Execequer John Healey's speech at the annual Labour Party conference and in his upcoming budget in October. "We need to see that detailed implementation of a growth plan," Newton-Smith says. She speaks with Bloomberg's Caroline Hepker from Liverpool, where the Labour Party is hosting its annual conference. (Source: Bloomberg)

Jollibee’s Global IPO Can Wait

2 days 9 hours ago
Jollibee plans to spin off its fast-growing international business and list it in Hong Kong. Bloomberg Opinion columnist Juliana Liu says the split makes sense, but the overseas operation needs at least another year to prove it can stand on its own. (Source: Bloomberg)

Labour’s Alexander Says Burnham Can Tackle UK Challenges

2 days 12 hours ago
UK Secretary of State for Scotland Douglas Alexander spoke to Bloomberg Television at the annual Labour Party Conference in Liverpool, saying that "there's a recognition that we face big constraints and big structural challenges" but that he personally welcomes Burnham's plans around social care. He also commented on the UK's relationship with the US in light of the RAF Fairford incident in the UK, saying he assures that the intelligence sharing relationships between the US, US, and allies across the West "is as strong as it's ever been." (Source: Bloomberg)
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