Bloomberg Daybreak: Europe Edition
Saudi Arabia Cuts Oil Supply & Bank Capital Requirements Could Rise By 20%
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Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) Oil surges as Saudi Arabia goes it alone with a one million barrel supply cut.
(2) Reports from the WSJ suggest the US could raise capital requirements by 20% for large lenders.
(3) The UK widens its lead as Europe's favored destination for FDI in the financial sector.
(4) Morgan Stanley warns a 16% drop in US profits will kill the American equity rally.
(5) Workers tell Bloomberg that ending hybrid working is a deal breaker.
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