Podcast Bloomberg Quicktake

Rupert Murdoch is stepping down as chairman of the boards of Fox Corp. and News Corp. following a nearly seven-decade career, and will become chairman emeritus of each company.His son Lachlan Murdoch will become sole chairman of News Corp. and continue as executive chair and Chief Executive Officer of Fox, the company said in a statement Thursday.I…

United Kingdom Prime Minister Rishi Sunak confirms that he’s delaying plans to ban the sale of new fossil fuelled cars to 2035 - pushing back the current target by 5 years. He speaks in London.Sunak diluted key parts of his UK government’s green agenda, including pushing back a ban on the sale of new petrol and diesel cars by five years to 2035, as…

European Commission President Ursula von der Leyen says the #EU won’t accept an un-leveling of its playing field in regards to #China subsidies for #EVs — #tech #cars #electricvehicles #Europe #worldnews #politics --------Subscribe to our YouTube channel: https://bit.ly/2TwO8GmSubscribe to Bloomberg Originals: https://www.youtube.com/BloombergTVBlo…

Thailand's new Prime Minister Srettha Thavisin is hoping to see GDP growth averaging 5% in the next four years. He spoke to Bloomberg's Haslinda Amin in an exclusive interview, his first since taking office, during the United Nations General Assembly in New York. --------Subscribe to our YouTube channel: https://bit.ly/2TwO8GmSubscribe to Bloomberg…

At the beginning of the heated Security Council meeting, Russia’s UN envoy objected to Zelenskiy’s presence. As the meeting focused on Ukraine began on Wednesday morning, Russia’s ambassador to the UN, Vasily Nebenzya, immediately protested Zelenskiy’s participation on procedural grounds and began sparring with the council’s president, Albanian Pri…

President Vladimir Putin will meet China's Xi Jinping for talks in Beijing in October, Russia said on Tuesday. It will be Putin's first known trip abroad since an arrest warrant was issued against him over the deportation of children from Ukraine.--------Subscribe to our YouTube channel: https://bit.ly/2TwO8GmSubscribe to Bloomberg Originals: https…

Canadian Prime Minister Justin Trudeau had raised the delicate matter with his host, Narendra Modi, at the Group of 20 summit, a carefully choreographed event the Indian leader took great pride in.The revelation, had it come out then, would have surely spoiled Modi’s moment and there were broader geopolitical stakes too.Days later the palpable tens…

Federal Reserve Chair Jerome Powell was careful not to set a soft landing expectation following the Fed’s latest announcement to leave its benchmark interest rate unchanged. Powell said the FOMC’s goal is very much a soft landing, with little damage to the labor market, and called such an outcome plausible but hardly certain.--------Subscribe to ou…

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Ukrainian President Volodymyr Zelenskiy lashed out at Russia for killing tens of thousands of his citizens in his first in-person address to the United Nations Security Council on Wednesday, calling for Moscow to be stripped of its powerful veto as one of the permanent members of the UN’s top decision-making body.“Veto power in the hands of the agg…

North Korean leader Kim Jong Un has returned home from a trip to Russia where he deepened “comradely fellowship and friendly ties” with President Vladimir Putin, state media reported.During Kim’s six-day trip to Russia, his longest foreign travel as a leader, the two countries said they discussed boosting their defense ties but didn’t disclose any …

Vladimir Putin on Wednesday said Russian peacekeepers were "working very actively with all parties" involved in the conflict in Nagorno-Karabakh.His remarks came during a meeting with China's Foreign Minister Wang Yi in St Petersburg. He said the Russian peacekeeping force was "doing everything" to protect civilians in the region."I hope we can ach…

King Charles III of the United Kingdom began a three-day state visit to France on Wednesday, meant to highlight the friendship between the two nations, with great pomp.French President Emmanuel Macron and his wife Brigitte welcomed King Charles and his wife Queen Camilla at a welcoming ceremony at the Arc de Triomphe in Paris.His trip was postponed…

Bitcoin’s infancy was characterized by the belief that it was uncorrelated to other assets –- a notion that quickly changed as a strong positive correlation developed to the Nasdaq. That correlation broke down in June of this year. Would a return to lower interest rates rekindle the relationship? Presented by @cmegroup: https://www.cmegroup.com/ope…

Attorney General Merrick Garlands vows that the Department of Justice will "not be intimated" or back down from current and future investigations.This comes as House Republicans are using a routine oversight hearing to interrogate Garland about what they claim is the “weaponization” of the Justice Department under President Joe Biden.Garland is app…

Ukraine’s President Volodymyr Zelenskiy punctuated his address Tuesday to the United Nations General Assembly with a warning that Russia was committing “genocide” by abducting children from his nation. “Those children in Russia are taught to hate Ukraine and all ties with their families are broken,” he said.Earlier, President Joe Biden urged world …