Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to next week’s Fed decision and earnings from Oracle and Adobe.
In the UK – a look ahead to the Blackhat cybersecurity conference.
In Asia – a look ahead to China consumer and producer price data.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to next week&rsquo;s Fed decision and earnings from Oracle and Adobe.</li>
<li>In the UK &ndash; a look ahead to the Blackhat cybersecurity conference.</li>
<li>In Asia &ndash; a look ahead to China consumer and producer price data.</li>
</ul>

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: US Edition

Daybreak Weekend: Fed Decision, Cybersecurity Conference, China Eco

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3838f815-79f5-4d15-a5dd-b3aa013fac53/transcript

On today's podcast:
1) Warner Bros. Discovery Inc. has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions. Netflix is offering a $5 billion breakup fee if regulators don’t approve the deal, said the people, who asked to not be identified because the discussions are private. The two companies could announce a deal as soon as in the coming days, assuming talks don’t fall apart, the people said. The move suggests Netflix has pulled ahead of Paramount Skydance Corp. and Comcast Corp., who were also competing for the asset. Prior to the closing of the sale, Warner Bros. — valued at more than $60 billion overall — will complete the planned spinoff of cable channels including CNN, TBS and TNT.
2) The US lobbied several countries in the European Union in an effort to block EU plans to use frozen Russian central bank assets to back a massive loan to Ukraine, according to European diplomats familiar with the matter. US officials argued to member states that the assets are needed to help secure a peace deal between Kyiv and Moscow and should not be used to prolong the war, said the diplomats, who spoke on the condition of anonymity.
3) India will pay about $2 billion to lease a nuclear-powered submarine from Russia, according to people familiar with the matter, finalizing delivery of the vessel after roughly a decade of talks just as President Vladimir Putin makes a visit to New Delhi. Talks for leasing the attack submarine from Russia had stalled over the years because of price negotiations, the people said, asking not to be identified because the discussions are private. The two sides have now agreed on the deal, with Indian officials visiting a Russian shipyard in November.

On today's podcast: 1) Warner Bros. Discovery Inc.&nbsp;has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to&nbsp;Netflix Inc., according to people familiar with the discussions. Netflix is offering a $5 billion breakup fee if regulators don&rsquo;t approve the deal, said the people, who asked to not be identified because the discussions are private. The two companies could announce a deal as soon as in the coming days, assuming talks don&rsquo;t fall apart, the people said. The move suggests Netflix has pulled ahead of&nbsp;Paramount Skydance Corp.&nbsp;and&nbsp;Comcast Corp., who were also competing for the asset.&nbsp;Prior to the closing of the sale, Warner Bros. &mdash; valued at more than $60 billion overall &mdash; will complete the planned spinoff of cable channels including CNN, TBS and TNT. 2) The US lobbied several countries in the European Union in an effort to block EU plans to use frozen Russian central bank assets to back a massive loan to Ukraine, according to European diplomats familiar with the matter. US officials argued to member states that the assets are needed to help secure a peace deal between Kyiv and Moscow and should not be used to prolong the war, said the diplomats, who spoke on the condition of anonymity. 3) India will pay about $2 billion to lease a nuclear-powered submarine from Russia, according to people familiar with the matter, finalizing delivery of the vessel after roughly a decade of talks just as President Vladimir Putin makes a visit to New Delhi. Talks for leasing the attack submarine from Russia had stalled over the years because of price negotiations, the people said, asking not to be identified because the discussions are private. The two sides have now agreed on the deal, with Indian officials visiting a Russian shipyard in November.

Warner Bros. Begins Exclusive Talks With Netflix; US Lobbies to Block EU Loan Plan for Ukraine

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/507c050f-d93d-4fdd-8174-b3aa00ae36cf/transcript

On today's podcast:
1) Kevin Hassett may not have the ability to deliver the rapid pace of interest rate cuts President Trump would like, even if he is approved as the next Federal Reserve Chair, said Gregory Peters, co-chief investment officer at PGIM Fixed Income. Peters made the remarks amid rising talk that Hassett, the White House National Economic Council Director, may ease monetary policy aggressively to please Trump if he is picked to run the Fed. But the PGIM fund manager suggested that — since Fed rate decisions are ultimately decided by committee — Hassett won’t have the power to deliver on his own. Peters’ remarks were in response to a Financial Times report that bond investors, including those on the borrowing advisory committee, have voiced concerns to the US Treasury about Hassett’s potential appointment as the Fed chief.
2) President Trump’s aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser — in addition to his current job — should the president pick Kevin Hassett as the next chair of the Federal Reserve, according to people familiar with the matter. Tapping Bessent to lead the White House’s National Economic Council would allow him to consolidate oversight of Trump’s economic policies if Hassett — the current NEC director — becomes the next leader of the US central bank, an announcement Trump has hinted at in recent days. If Bessent is also named to the NEC, he would become the chief arbiter of the administration’s economic portfolio spanning the purview of both the Treasury Department and White House. It would also give Bessent a West Wing office, granting him even more physical proximity to the president.
3) The Pentagon watchdog concluded that Defense Secretary Pete Hegseth risked endangering American troops and the US mission against Houthi rebels in Yemen when he shared attack plans on the Signal messaging app, a person familiar with the matter said. The acting Pentagon inspector general’s classified report, delivered to a Senate committee yesterday, said Hegseth violated government policies by using his personal phone and Signal to transmit the information, which was marked “Secret.” The person describing the contents of the report asked not to be identified discussing private information.

On today's podcast: 1) Kevin Hassett may not have the ability to deliver the rapid pace of interest rate cuts President Trump would like, even if he is approved as the next Federal Reserve Chair, said&nbsp;Gregory Peters, co-chief investment officer at PGIM Fixed Income. Peters made the remarks amid rising talk that Hassett, the White House National Economic Council Director, may ease monetary policy aggressively to please Trump if he is picked to run the Fed. But the PGIM fund manager suggested that &mdash; since Fed rate decisions are ultimately decided by committee &mdash; Hassett won&rsquo;t have the power to deliver on his own. Peters&rsquo; remarks were in response to a Financial Times report that bond investors, including those on the borrowing advisory committee, have voiced concerns to the US Treasury about Hassett&rsquo;s potential appointment as the Fed chief. 2) President Trump&rsquo;s aides and allies are discussing the possibility of making Treasury Secretary Scott Bessent the top White House economic adviser &mdash; in addition to his current job &mdash; should the president pick Kevin Hassett as the next chair of the Federal Reserve, according to people familiar with the matter. Tapping Bessent to lead the White House&rsquo;s National Economic Council would allow him to consolidate oversight of Trump&rsquo;s economic policies if Hassett &mdash; the current NEC director &mdash; becomes the next leader of the US central bank, an announcement Trump has hinted at in recent days. If Bessent is also named to the NEC, he would become the chief arbiter of the administration&rsquo;s economic portfolio spanning the purview of both the Treasury Department and White House. It would also give Bessent a West Wing office, granting him even more physical proximity to the president. 3) The Pentagon watchdog concluded that Defense Secretary&nbsp;Pete Hegseth&nbsp;risked endangering American troops and the US mission against Houthi rebels in Yemen when he shared attack plans on the Signal messaging app, a person familiar with the matter said. The acting Pentagon inspector general&rsquo;s classified report, delivered to a Senate committee yesterday, said Hegseth violated government policies by using his personal phone and Signal to transmit the information, which was marked &ldquo;Secret.&rdquo; The person describing the contents of the report asked not to be identified discussing private information.

Market Doubts Hassett Can Deliver in Fed; Bessent Under Discussion to Also Lead NEC

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e40c800c-9927-4978-85f9-b3a900afcc04/transcript

On today's podcast:
1) The Kremlin said Vladimir Putin held “very useful” talks with US envoys Steve Witkoff and Jared Kushner though the sides failed to reach agreement on a plan to end Russia’s war in Ukraine. The negotiations lasting almost five hours were “constructive and very informative,” though “a compromise hasn’t been reached yet” on the critical issue of territorial control, Kremlin foreign policy aide Yuri Ushakov told reporters in Moscow. A possible meeting between Putin and President Trump “will depend on what progress is being made,” Ushakov added.
2) Republicans averted an upset in a Tennessee-based US House race Tuesday, a relief to President Trump and his congressional allies. Matt Van Epps, the Trump-backed Republican candidate, was projected to win by the AP, NBC News and Decision Desk HQ, an election analysis website. Trump praised the GOP victory in a social media post and Van Epps declared victory. Yet even in victory, voters in a district Trump won overwhelmingly just over a year ago swung away from Republicans, the latest data point in a trend that is raising alarm about the GOP’s prospects in next year’s midterm elections, as Van Epps’ victory came about only after Republicans surged resources and expended political capital in a strident GOP district that would typically be considered safe.
3) President Trump said he plans to announce his selection to lead the Federal Reserve in early 2026 and teased National Economic Council Director Kevin Hassett as his possible choice on Tuesday, fueling further speculation about the next leader of the US central bank. Hassett is seen as the likely choice to succeed Powell, people familiar with the matter told Bloomberg News last week, and Trump nodded to that position at a separate event shortly after the Cabinet meeting on Tuesday. Trump’s comments offer a clearer timeline for the announcement. Treasury Secretary Scott Bessent, who has been overseeing the selection process, previously said the pick could be revealed around Christmas.

On today's podcast: 1) The Kremlin said&nbsp;Vladimir Putin&nbsp;held &ldquo;very useful&rdquo; talks with US envoys&nbsp;Steve Witkoff&nbsp;and&nbsp;Jared Kushner&nbsp;though the sides failed to reach agreement on a plan to end Russia&rsquo;s war in Ukraine. The negotiations lasting almost five hours were &ldquo;constructive and very informative,&rdquo; though &ldquo;a compromise hasn&rsquo;t been reached yet&rdquo; on the critical issue of territorial control, Kremlin foreign policy aide&nbsp;Yuri Ushakov&nbsp;told reporters in Moscow.&nbsp;A possible meeting between Putin and President Trump &ldquo;will depend on what progress is being made,&rdquo; Ushakov added. 2) Republicans averted an upset in a Tennessee-based US House race Tuesday, a relief to President Trump and his congressional allies. Matt Van Epps, the Trump-backed Republican candidate, was projected to win by the AP, NBC News and Decision Desk HQ, an election analysis website. Trump praised the GOP victory in a social media post and Van Epps declared victory. Yet even in victory, voters in a district Trump won overwhelmingly just over a year ago swung away from Republicans, the latest data point in a trend that is raising alarm about the GOP&rsquo;s prospects in next year&rsquo;s midterm elections, as Van Epps&rsquo; victory came about only after Republicans surged resources and expended political capital in a strident GOP district that would typically be considered safe. 3) President&nbsp;Trump&nbsp;said he plans to announce his selection to lead the Federal Reserve in early 2026 and teased National Economic Council Director&nbsp;Kevin Hassett&nbsp;as his possible choice on Tuesday, fueling further speculation about the next leader of the US central bank. Hassett is seen as the likely choice to succeed Powell, people familiar with the matter told Bloomberg News last week, and Trump nodded to that position at a separate event shortly after the Cabinet meeting on Tuesday. Trump&rsquo;s comments offer a clearer timeline for the announcement. Treasury Secretary Scott Bessent, who has been overseeing the selection process, previously said the pick could be revealed around Christmas.

Kremlin Calls Russia-US Talks Constructive; Trump Sees Fed Chair Pick 'Early Next Year'

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5ec88905-d8cc-4199-9ac2-b3a800abcb21/transcript

Daybreak Weekend: Fed Decision, Cybersecurity Conference, China Eco

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