,1,Manila is demanding compensation from Beijing as Philippine military officials say China’s coast guard “looted” firearms and destroyed boats during a South China Sea clash this week. Cliff Venzon reports on "Bloomberg: The China Show."
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,1,Donald Trump was found guilty in the first criminal trial of a former US president in the nation’s history. Tina Fordham, founder and geopolitical analyst of Fordham Global Foresight tells Bloomberg that the former US President is unlikely to see jail time; only a fine or penalty. Trump, 77, still faces three other criminal trials, including two accusing him of trying to overturn the 2020 election, and one involving his handling of classified national security documents. Trump faces as many as four years in prison when he is sentenced by Justice Juan Merchan on July 11 — four days before the Republican National Convention begins.
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,1,President Joe Biden said he never talked to any of his son Hunter Biden's foreign business partners. He says accusations are "a bunch of lies." He spoke at the White House.
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,1,Elon Musk's xAI launched its own chatbot called 'Grok.' It will only be available to users of X, the platform formerly known as Twitter. Ed Ludlow reports.
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,1,Iranian Foreign Minister Hossein Amirabdollahian warns situation will get 'out of control' if Israel-Hamas war continues. He speaks to Bloomberg's Manus Cranny in New York.
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,1,The Israeli army has urged Palestinian civilians in Gaza City to move south and told the United Nations to evacuate its staff from nearby areas, warning of significant military activity in the area in the coming days. Oliver Crook reports from Tel Aviv on Bloomberg Television.
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,1,Buildings were destroyed and cars turned upside down as Israel continued its retaliatory strikes on the Gaza Strip, Monday. Airstrikes had destroyed 159 housing units across Gaza and severely damaged 1,210 others, the United Nations said on Sunday.
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,1,Rep. Matt Gaetz, the far-right lawmaker who led the push to oust Kevin McCarthy as Speaker of the House, discusses who he may support as the next Speaker of the House and says former US President Donald Trump is "thoroughly encouraging" of his efforts. He speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's Balance of Power."
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,1,King Charles III welcomed US President Joe Biden to Windsor Castle on Monday during his short visit to the UK before traveling to Lithuania for the North Atlantic Treaty Organization’s summit.
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,1,Now that Wagner group leader Yevgeny Prigozhin has been sent to Belarus, many questions remain about the march he led on Moscow and what this means for Russian President Vladimir Putin. Bloomberg's Maria Tadeo and Annmarie Hordern report.
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,1,Former British Ambassador to Russia Laurie Bristow examines the fallout from Wagner chief Yevgeny Prigozhin's advance toward Moscow on President Vladimir Putin, Russia's global standing, and the war in Ukarine. He speaks with Francine Lacqua on "Bloomberg Surveillance Early Edition."
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,1,Wagner chief Yevgeny Prigozhin's advance toward Moscow was the biggest threat to Vladimir Putin's grip on Russia in his almost quarter-century rule. How did the 62-year-old ex-convict, who's been called "Putin's chef" due to his catering companies' contracts with the Kremlin, become so acrimonious toward the Russian president's military leadership? Bloomberg's Samuel Etienne reports.
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,1,Charles Kupchan, a senior fellow at the Council on Foreign Relations, says the uprising in Russia will most likely lead to a crackdown, and President Vladimir Putin becoming more hardline. He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
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,1,Wagner mercenary group leader Yevgeny Prigozhin say he has ordered his fighters to end their advance toward Moscow and to return to their bases. (Russian audio with English subtitles)
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,1,Airbus Chief Executive Officer Guillaume Faury discusses the sale of 500 A320 family aircraft to Indian carrier IndiGo, decarbonization efforts, and a possible stretched version of its A220 aircraft on "Bloomberg Markets."
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,1,Riyadh Air CEO Tony Douglas speaks to Bloomberg's Guy Johnson from the Paris Airshow. They discuss wanting to connect the world to the Kingdom of Saudi Arabia, airline configuration and having guarantees on deliveries.
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,1,Former President Donald Trump is due in a Miami court today where he's expected to plead not guilty to a series of charges for his handling of classified documents after leaving office. Bloomberg's Kailey Leinz and Annmarie Hordern report.
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,1,JPMorgan Chase & Co. announced an "agreement in principle" to settle the proposed class action filed by an unnamed Jeffrey Epstein victim late last year alleging it knowingly benefited from former client Epstein's sex-trafficking. Sridhar Natarajan reports on Bloomberg Television.
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,1,Florida Governor Ron DeSantis will announce his 2024 presidential campaign in a Twitter Spaces livestream with Elon Musk on Wednesday evening, according to people familiar with his plans. Bloomberg's Ryan Teague Beckwith reports from Washington.
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,1,"The President is confident that there is a path forward if both sides come in good faith." White House Press Secretary Karine Jean-Pierre talks about the debt limit negotiations. She speaks to reporters in Hiroshima, Japan, where President Joe Biden is attending the Group of Seven summit. (Excerpts)
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,1,Jonathan Ferro highlights the market-moving news you need to know heading into the opening bell on Wall Street.
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,1,Mike Mayo, senior banking analyst for Wells Fargo Securities, says James Gorman saved Morgan Stanley during the financial crisis. He also talks about how could succeed Gorman now.
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,1,Mike Mayo, senior banking analyst for Wells Fargo Securities, says there should be fewer banks in the US.
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,1,President Joe Biden will cut short his trip to the Group of seven summit in Japan as he urges his negotiators to keep pursuing a debt-limit deal. House Speaker Kevin McCarthy indicated that both sides may reach agreement as soon as this weekend to avoid a catastrophic US default. Annmarie Hordern reports on Bloomberg Television.
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,1,Walt Disney Co. is dropping plans to relocate 2,000 California employees to a new corporate campus it was building in the state. Chris Palmeri has more on "Bloomberg Markets: The Close."
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,1,President Joe Biden visited Marines in Japan on his way to the G-7 summit.
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,1,President Joe Biden arrives in Japan for the G-7 summit as talks about reaching a debt deal continue in Washington. Bloomberg's Annmarie Hordern reports.
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,1,The Credit Derivatives Determinations Committee, a panel tasked with overseeing the credit default swaps market, has ruled that the write down of Credit Suisse Group AG's Additional Tier 1 notes will not trigger an insurance payout. Adam Haigh reports on Bloomberg Television.
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,1,Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and Matt Miller.
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,1,Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, and Kriti Gupta deliver the latest news and analysis on the markets with leaders in global finance and economics. Former ECB President Jean-Claude Trichet discusses differences between European and US inflation, and what he describes as actions done "correctly" by the ECB. Elliot Hentov, Head of Macro Policy Research at State Street Global Advisors, discusses the prospect of a debt ceiling breakthrough as White House and congressional negotiators continued to try to resolve their differences.
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,1,"I think this really does have the potential to develop into one of these policy driven, sustainable bull markets that we get in Japan sort of once a decade," says Bruce Kirk, chief Japan equity strategist at Goldman Sachs, as he discusses the outlook for the market. Japanese stocks extended gains, with the Nikkei 225 eying the 30,000 mark one day after the Topix closed at its highest level in more than three decades. Kirk speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
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,1,Sen. Chuck Schumer says common ground has to be found to reach a deal on the debt ceiling. He says everyone understands a default would be a disaster. Schumer spoke to reporters after meeting with Republican leaders in the Oval Office.
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,1,Markets are convinced the Fed has reached the end of its present rate-hike cycle. Futures markets have reduced the likelihood of a further hike to just 24%, and increased the possibility of a September rate cut to 41%. But there are plenty of scenarios in which the Fed could resume increases to its policy rate. Here are just a few of the various possibilities. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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,1,Billionaire investor Warren Buffett has been having multiple talks with senior officials in President Joe Biden's administration in recent days as the regional banking crisis unfolds, according to people familiar with the matter. Meanwhile, First Republic Bank was downgraded Sunday by S&P Global Inc., days after the ratings firm cut the lender to junk. Su Keenan reports on Bloomberg Television.
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,1,US Special Presidential Envoy for Climate John Kerry says the world must find a way to meet energy demand without undermining the transition to cleaner fuels. He also discussed why cooperation is paramount to accomplishing Biden's climate goals, especially between the US and China, and without such cooperation, it will be difficult for other players to collaborate on efforts to lower emissions. Kerry speaks with Bloomberg's Alix Steel at CERAWeek by S&P Global in Houston.
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,1,The US Energy Department has reportedly identified an accidental lab leak as the most likely origin of the Covid-19 pandemic. That is according to the Wall Street Journal. Michelle Cortez reports on Bloomberg Television.
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,1,White House Press Secretary Karine Jean-Pierre says Americans should not panic over the shooting down of three unidentified objects since last Friday. She says President Joe Biden has no plans to speak about the issue at this time, but she says he's been fully involved. She spoke at the White House.
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,1,Attorney General Merrick Garland said he has appointed a special counsel to oversee the investigation of how classified documents wound up in an office used by President Joe Biden and at his home in Delaware. Some were found at the Penn Biden Center and some were found in Biden's private residence. Robert Hur is the new special counsel. Garland spoke in Washington.
#biden #classifiedyt #justice #politics #fbi #election #joebiden #president
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,1,President Jair Bolsonaro's party is questioning the result of Brazil's runoff election, seeking to annul votes that gave leftist leader Luiz Inacio Lula da Silva a tight victory on Oct. 30. Brazilian equities fell on the news. Bloomberg's Tom Orlik reports.
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,1,Ukrainian President Volodymyr Zelenskiy said "a simple ceasefire won't do the trick," for bringing the nine-month war to an end as conditions will include taking back Crimea, as well as the country's long-occupied eastern Donbas region. Zelenskiy spoke during a video interview with Bloomberg News Editor-in-Chief John Micklethwait at Bloomberg's New Economy Forum.
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,1,Special Presidential Envoy for Climate Change John Kerry says the US is ready to negotiate with China on climate change. He speaks to Bloomberg News Editor-in-Chief John Micklethwait at the Bloomberg Green summit at the COP27 climate talks in Sharm el-Sheikh, Egypt.
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,1,Some voting tabulation machines are not working in Arizona's largest county, but voters can still cast a ballot. This sparked claims of fraud by Republicans. Bloomberg's Ed Ludlow is in Phoenix.
,1,The US midterm elections are expected to usher in a new era of divided government, with polls showing Democrats losing control of the House and possibly the Senate. Bloomberg's Annmarie Hordern explains what's at stake.
,1,Protests by backers of Jair Bolsonaro, led by truck drivers, have spread across the country as the Brazilian president remains silent over his loss in Sunday's election, so far refusing to concede defeat to his foe Luiz Inacio Lula da Silva.
,1,Luiz Inacio Lula da Silva was elected Brazil's new president, according the electoral court. The leftist leader defeated the incumbent Jair Bolsonaro by less than 2 percentage points in the runoff vote. Juan Pablo Spinetto and Shery Ahn report on Bloomberg Television.
,1,Brazil holds its presidential runoff election on Oct. 30. Former President Luiz Inacio Lula da Silva failed to secure the simple majority needed for victory in the first round and will face current President Jair Bolsonaro. Bloomberg's Shery Ahn is in Sao Paulo with a preview on "Bloomberg Surveillance."
,1,German Chancellor Olaf Scholz will support joint issuance of European Union debt to help lessen the impact of the energy crisis if freshly raised funds are disbursed to struggling member states as loans instead of grants. Maria Tadeo reports on Bloomberg Television.
,1,Donald Trump said Monday that Federal investigators were raiding his Florida residence, a move that comes as prosecutors are escalating their focus on the former president’s conduct. Bruce Einhorn reports on Bloomberg Television.
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,1,US House Speaker Nancy Pelosi's plane lands in Taiwan on Tuesday night, defying China's vow of an unspecified military response ahead of Pelosi's visit.
,1,House Speaker Nancy Pelosi has a right to visit Taiwan, White House National Security Council spokesman John Kirby says at press briefing. He says Pelosi and her staff will determine what her travel plans are.