Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:


(1) The Chinese Communist Party’s official mouthpiece called on the world’s biggest economies to “jointly safeguard hard-won achievements” from their latest trade talks, ahead of a high-stakes meeting between Donald Trump and Xi Jinping.


(2) Top trade negotiators for the US and China said they came to terms on a range of contentious points, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal and ease trade tensions that have rattled global markets.


(3) HSBC will set aside $1.1 billion to cover litigation by investors who lost money in Bernard Madoff’s fraud, the latest global bank to face a significant hit from cases dating back years.


(4) President Javier Milei’s party won Argentina’s midterm vote Sunday, a result that will give the libertarian leader a strong foothold in Congress to continue pursuing aggressive free-market policies that have won praise and a financial lifeline from Donald Trump.

 
(5) Former Bank of England Governor Mervyn King says the Labour government lacks a coherent economic strategy.


(6) Trading houses, hedge funds and banks are on a hiring spree for specialist gold traders as interest in the metal soars, creating a battle for talent that is driving up pay packages in what has historically been a niche market.


Podcast Conversation: Housekeeper Salaries Top $100,000 as Luxury Furniture Booms

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
 (1) The Chinese Communist Party&rsquo;s official mouthpiece called on the world&rsquo;s biggest economies to &ldquo;jointly safeguard hard-won achievements&rdquo; from their latest trade talks, ahead of a high-stakes meeting between Donald Trump and Xi Jinping.
 (2) Top trade negotiators for the US and China said they came to terms on a range of contentious points, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal and ease trade tensions that have rattled global markets.
 (3) HSBC will set aside $1.1 billion to cover litigation by investors who lost money in Bernard Madoff&rsquo;s fraud, the latest global bank to face a significant hit from cases dating back years.
 (4) President Javier Milei&rsquo;s party won Argentina&rsquo;s midterm vote Sunday, a result that will give the libertarian leader a strong foothold in Congress to continue pursuing aggressive free-market policies that have won praise and a financial lifeline from Donald Trump.
&nbsp; (5) Former Bank of England Governor Mervyn King says the Labour government lacks a coherent economic strategy.
 (6) Trading houses, hedge funds and banks are on a hiring spree for specialist gold traders as interest in the metal soars, creating a battle for talent that is driving up pay packages in what has historically been a niche market.
 Podcast Conversation: <a href="A%20Skills%20Gap%20Is%20Turning%20Cleaning%20for%20the%20Rich%20Into%20a%20$100,000%20Job">Housekeeper Salaries Top $100,000 as Luxury Furniture Booms</a>

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: Europe Edition

US-China Breakthrough, HSBC’s $1.1B Madoff Hit, Gold Traders Talent War

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9d03fc33-74b0-4348-ac9d-b383006be881/transcript