Bloomberg Daybreak: Europe Edition
UBS Share Buyback, China Stocks Support & King Charles Cancer Treatment
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Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
UBS Group AG will resume share buybacks this year, vowing to hand as much as $1 billion to shareholders in the second half as it seeks to move beyond the integration of Credit Suisse.
Hopes are also building for more concerted efforts to boost shares as regulators plan to brief President Xi Jinping on market as soon as Today.
King Charles is receiving treatment for an unspecified form of cancer, in the latest health scare for the British royal family less than a year-and-a-half after the death of Queen Elizabeth
Bank of England Chief Economist Huw Pill said interest rates could drop this year as a "reward" to the economy for bringing inflation down.
Germany's far-right AfD party is a risk for the economy because it threatens to deter investment by international businesses, Finance Minister Christian Lindner said.
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