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

On today's podcast:

(1) European natural gas jumped as traders awaited the US response to an Iran-Oman agreement on the Strait of Hormuz, while the continent faces pressure to replenish gas inventories before winter.

(2) Extreme heat has killed more than 25,000 people across Europe this year, according to the latest available data compiled by Bloomberg.

(3) The US blindsided the European Central Bank last week with its historic currency intervention to help Japan, only informing its counterparts in Frankfurt after it sold euros to buy the yen, the Financial Times reported, citing several people familiar with the matter.

(4) Andy Burnham’s government declined to rule out increasing bank taxes in its upcoming budget, as bumper profits among lenders prompt speculation that the new administration will target City of London firms.

(5) Meta Platforms was ordered Thursday to pay $567 million to the state of New Mexico and implement changes to protect minor users after a state court judge sided with the state’s attorney general in a landmark trial.

(6) A highly anticipated new device from OpenAI will have a unique look, complete with moving parts that help give it personality, and likely cost more than $300, according to people familiar with the matter.

(7) Coming off its most lucrative World Cup ever, FIFA is exploring selling US media rights for the next two tournaments together that would keep the controversial hydration breaks that boosted ad revenue, according to a person familiar with the matter.

Podcast Conversation: What Happens When Smoke Gets in Your Wines

Your morning briefing. All the news you need to start your day. On today's podcast: (1) European natural gas jumped as traders awaited the US response to an Iran-Oman agreement on the Strait of Hormuz, while the continent faces pressure to replenish gas inventories before winter. (2) Extreme heat has killed more than 25,000 people across Europe this year, according to the latest available data compiled by Bloomberg. (3) The US blindsided the European Central Bank last week with its historic currency intervention to help Japan, only informing its counterparts in Frankfurt after it sold euros to buy the yen, the Financial Times reported, citing several people familiar with the matter. (4) Andy Burnham&rsquo;s government declined to rule out increasing bank taxes in its upcoming budget, as bumper profits among lenders prompt speculation that the new administration will target City of London firms. (5) Meta Platforms was ordered Thursday to pay $567 million to the state of New Mexico and implement changes to protect minor users after a state court judge sided with the state&rsquo;s attorney general in a landmark trial. (6) A highly anticipated new device from OpenAI will have a unique look, complete with moving parts that help give it personality, and likely cost more than $300, according to people familiar with the matter. (7) Coming off its most lucrative World Cup ever, FIFA is exploring selling US media rights for the next two tournaments together that would keep the controversial hydration breaks that boosted ad revenue, according to a person familiar with the matter. Podcast Conversation: <a href="https://www.bloomberg.com/opinion/articles/2026-08-07/bordeaux-hopes-its-wine-are-drinkable-after-france-s-wildfires">What Happens When Smoke Gets in Your Wines</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

Europe Faces Gas Crunch, OpenAI’s Doughnut Device, Golfers Vs Sand Dunes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5a3b27f0-45ea-461b-ac15-b49f005f3331/transcript