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

On today's podcast:

(1) German Chancellor Friedrich Merz warned against complacency over the dangers posed by Russia, saying that President Vladimir Putin is seeking to not only defeat Ukraine, but to also undermine democracy in Europe.

(2) Ukrainian officials say they suspect the US is intermittently restricting intelligence sharing despite Trump administration denials, allowing Russian projectiles to strike Ukraine without warning — including in a ballistic missile attack on Sunday.

(3) French protests largely died down after authorities rolled out tougher security measures, including targeted curfews, following cost-of-living protests over the weekend that degenerated into violence, vandalism and looting.

(4) Vinted, a secondhand online marketplace that counts France as one of its largest markets, has seen an influx of listings suspected to contain looted items after riots broke out across the country.

(5) Shares of data-center infrastructure company Elice Inc. plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry.

(6) Chancellor John Healey will not increase capital gains tax in the Budget next week, in a decision that will relieve business leaders who warned ministers against such a move. 

Podcast Conversation: AI Tool Predicts Cancer Survival Chances With Single Face Photo

Your morning briefing. All the news you need to start your day. On today's podcast: (1) German Chancellor Friedrich Merz warned against complacency over the dangers posed by Russia, saying that President Vladimir Putin is seeking to not only defeat Ukraine, but to also undermine democracy in Europe. (2) Ukrainian officials say they suspect the US is intermittently restricting intelligence sharing despite Trump administration denials, allowing Russian projectiles to strike Ukraine without warning &mdash; including in a ballistic missile attack on Sunday. (3) French protests largely died down after authorities rolled out tougher security measures, including targeted curfews, following cost-of-living protests over the weekend that degenerated into violence, vandalism and looting. (4) Vinted, a secondhand online marketplace that counts France as one of its largest markets, has seen an influx of listings suspected to contain looted items after riots broke out across the country. (5) Shares of data-center infrastructure company Elice Inc. plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry. (6) Chancellor John Healey will not increase capital gains tax in the Budget next week, in a decision that will relieve business leaders who warned ministers against such a move.&nbsp; Podcast Conversation:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-10-19/ai-tool-predicts-cancer-survival-chances-with-single-face-photo" data-destination="https://www.bloomberg.com/news/articles/2026-10-19/ai-tool-predicts-cancer-survival-chances-with-single-face-photo">AI Tool Predicts Cancer Survival Chances With Single Face Photo</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

Exclusive: Merz Warns Europe, France Enforces Curfews, Growth Defies Gravity

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/05ea70fb-06ea-41be-aa04-b4e9005ed8f9/transcript