Friedrich Merz’s chief rival held back this month when an electoral debacle threatened the chancellor’s job. But an official visit to Turkey is keeping speculation warm that he’s laying the groundwork to challenge the beleaguered German leader.
UK Artificial Intelligence Minister Kanishka Narayan discusses government policy around the adoption of AI and safety concerns about the technology. Britain needs a "sovereign level of compute," Narayan tells Bloomberg's Caroline Hepker on the sidelines of the governing Labour Party's annual conference in Liverpool. "The way we have to build data centers in this country has to be with a sense of control and a sense of British values," he adds. (Source: Bloomberg)
South Africa told the Paris Club that it won’t seek full membership of the group of mostly rich-nation creditors, as it focuses on its involvement in a United Nations-backed coalition of borrower countries instead.
European officials criticized Moscow for allegedly being behind an arson attack against a defense manufacturing facility in Estonia, the latest in a series of sabotage incidents attributed to the Kremlin.
China has started offering low-cost funding to help local government-affiliated firms settle unpaid bills, according to people familiar with the matter, expanding efforts to mend corporate balance sheets and remove one of the biggest bottlenecks for investment.
Jordan Bardella, the head of the far-right National Rally, said he’s asked his lawyer to lodge a lawsuit after a French online news site published an article alleging he made a series of antisemitic comments over a decade ago.
China’s top diplomat suggested relations with Japan had deteriorated to a low point unseen in decades, adding pressure on Japanese Prime Minister Sanae Takaichi to amend her Taiwan remarks.
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.
Global equities slid to a one-week low as surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs.
Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November, according to people familiar with the matter.
Today guests: Sunaina Sinha Haldea, Raymond James, Private Capital Advisory Global Head. (Source: Bloomberg)
Malaysian Transport Minister Anthony Loke Siew Fook said he will quit Prime Minister Anwar Ibrahim’s cabinet once jailed former premier Najib Razak begins serving his house arrest granted under a conditional royal pardon.
Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington before US midterm elections in November. Bloomberg's Stuart Livingstone-Wallace has the latest developments. (Source: Bloomberg)
Poland has no room to increase public spending ahead of next year’s election, Finance Minister Andrzej Domanski said, describing fiscal policy as a challenge for the government.
Malaysia began repatriating thousands of Myanmar nationals back to the war-torn country in a phased program that’s being criticized by the United Nations refugee agency and human rights organizations.
The Senate passed a bill to limit college athletes to one school transfer during their careers and regulate the fast-changing landscape of collegiate sports.
Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington before US midterm elections in November. Bloomberg's Jeff Mason has the latest. (Source: Bloomberg)
"Balance of Power" focuses on the intersection of politics and global business. On today's show, AI Now Institute Senior Fellow for Economic and National Security Aya Ibrahim says Nvidia's new agent safety platform is a notable step, but cautions there is no one-size-fits-all solution to AI security risks, even as companies roll out new safeguards. Cook Political Report Founder and Contributor Charlie Cook says the midterm landscape has deteriorated sharply for Republicans in the past month as energy costs, tariffs and affordability concerns hit voters. Republican Congressman Mike Flood of Nebraska says diesel prices near record highs are putting pressure on Midwest farmers as harvest season gets underway. (Source: Bloomberg)
Israel’s Prime Minister Benjamin Netanyahu visited the United Arab Emirates where he held talks with the Gulf nation’s president, Sheikh Mohamed bin Zayed Al Nahyan, according to the Israeli premier’s office and the UAE’s state news agency.
Republican Congressman Mike Flood of Nebraska says diesel prices near record highs are putting pressure on Midwest farmers as harvest season gets underway. The Republican Main Street Caucus chair says he wanted more from President Xi Jinping's visit and is pressing China to follow through on its US agricultural purchases. He speaks with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)
As European capitals brace for US troop cuts, the Pentagon’s top policy official is telling lawmakers in Washington that allies are on board with a vision of “NATO 3.0” in which Europe maintains its own non-nuclear defense.
Cook Political Report Founder and Contributor Charlie Cook says the midterm landscape has deteriorated sharply for Republicans in the past month as energy costs, tariffs and affordability concerns hit voters. He says the Democratic brand remains weak, arguing voters are "not voting for Democrats" so much as "voting against Republicans." He speaks with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)
AI Now Institute Senior Fellow for Economic and National Security Aya Ibrahim says Nvidia's new agent safety platform is a notable step, but cautions there is no one-size-fits-all solution to AI security risks, even as companies roll out new safeguards. The former Biden administration official discusses enforcement of existing laws, the limits of voluntary guardrails and the costs of the US-China AI race with Joe Mathieu and Kailey Leinz on Bloomberg's "Balance of Power." (Source: Bloomberg)
