Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war.

(2) Secretary of State Marco Rubio used a dramatic backdrop in Greece to remind the world of the Trump administration’s focus on the “unapologetic” pursuit of power and to issue another warning to Europe about the dangers of Western decline.

(3) China managed to get a hold of parts from an F-35 stealth fighter jet after a United Parcel Service Inc. employee missed an email warning not to route the shipment through Hong Kong, according to a person briefed on the incident.

(4) Oil gained after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections, and as a hurricane forced some US output to shut.

(5) Samsung Electronics reported a nearly nine-fold rise in quarterly operating profit, though that was still shy of sky-high expectations elevated by relentless spending on AI infrastructure.

(6) Ahead of laying out a platform of tax cuts aimed at affluent Britons at her party’s annual convention, opposition leader Kemi Badenoch told journalists: “We are going back to the authentic Conservative Party that people knew and loved.”

(7) President Donald Trump is seeking approval from local officials in Florida to designate his West Palm Beach golf course into a permanently-designated presidential retreat that would host summits, world leaders and current and former occupants of the White House.

(8) Sandra Ortega, Spain’s richest woman is so intensely private and lives such an ordinary life that investors are wondering what role she might play in the business her parents started — now the world’s biggest fashion retailer.

Podcast Conversation: Hedgehog, Puffin Win Contest to Replace Historical Figures on UK Cash

Your morning briefing. All the news you need to start your day. On today's podcast:
(1) The European Union is striking a more assertive approach to China as it heads into two days of negotiations in Beijing aimed at avoiding an economically damaging trade war. (2) Secretary of State Marco Rubio used a dramatic backdrop in Greece to remind the world of the Trump administration&rsquo;s focus on the &ldquo;unapologetic&rdquo; pursuit of power and to issue another warning to Europe about the dangers of Western decline. (3) China managed to get a hold of parts from an F-35 stealth fighter jet after a United Parcel Service Inc. employee missed an email warning not to route the shipment through Hong Kong, according to a person briefed on the incident. (4) Oil gained after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections, and as a hurricane forced some US output to shut. (5) Samsung Electronics reported a nearly nine-fold rise in quarterly operating profit, though that was still shy of sky-high expectations elevated by relentless spending on AI infrastructure. (6) Ahead of laying out a platform of tax cuts aimed at affluent Britons at her party&rsquo;s annual convention, opposition leader Kemi Badenoch told journalists: &ldquo;We are going back to the authentic Conservative Party that people knew and loved.&rdquo; (7) President Donald Trump is seeking approval from local officials in Florida to designate his West Palm Beach golf course into a permanently-designated presidential retreat that would host summits, world leaders and current and former occupants of the White House. (8) Sandra Ortega, Spain&rsquo;s richest woman is so intensely private and lives such an ordinary life that investors are wondering what role she might play in the business her parents started &mdash; now the world&rsquo;s biggest fashion retailer. Podcast Conversation: <a href="https://www.bloomberg.com/news/articles/2026-10-07/owl-bee-puffin-or-hedgehog-to-replace-churchill-on-bank-of-england-s-5-notes?srnd=homepage-uk" data-destination="https://www.bloomberg.com/news/articles/2026-10-07/owl-bee-puffin-or-hedgehog-to-replace-churchill-on-bank-of-england-s-5-notes?srnd=homepage-uk">Hedgehog, Puffin Win Contest to Replace Historical Figures on UK Cash</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

EU & China On The Brink, How China Got F-35 Parts, Spain's Richest Woman

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ef9604ba-0325-43af-8e0b-b4dd005c3081/transcript