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US-Russia Discuss Ukraine Peace & Xi Courts Macron | Daybreak Europe 12/3/2025

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guests: Sven Kruck, Co-CEO of Quantum Systems, Latvian Foreign Minister, Baiba Braže & Peter Specht, General Partner at Creandum. CORRECT: In our reporting of the...
Bloomberg PoliticsDec 3, 8:37 AM
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China Oil Demand Seen Sluggish Until Mid-2026: Hengli

Chinese oil demand is likely to remain subdued until at least the middle of next year, according to Janet Kong, chief executive officer of Hengli Petrochemical International Pte.

Chinese oil demand is likely to remain subdued until at least the middle of next year, according to Janet Kong, chief executive officer of Hengli Petrochemical International Pte.
Bloomberg MarketsDec 3, 8:25 AM
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China’s Oil Demand Seen Sluggish Until Mid-2026, Hengli Says

Chinese oil demand is likely to remain subdued until at least the middle of next year, according to Janet Kong, chief executive officer of Hengli Petrochemical International Pte.

Chinese oil demand is likely to remain subdued until at least the middle of next year, according to Janet Kong, chief executive officer of Hengli Petrochemical International Pte.
Bloomberg MarketsDec 3, 8:25 AM
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Horizons Middle East & Africa 12/3/2025

US President Donald Trump hints that National Economic Council Director Kevin Hassett is his possible choice for the next Fed Chair.

US President Donald Trump hints that National Economic Council Director Kevin Hassett is his possible choice for the next Fed Chair. Traders ramp up bets that a new Fed Chair and a wave of delayed economic data will support the case for more rate cuts. The Kremlin says president Vladimir Putin held 'very useful' talks with US envoys Steve Witkoff and Jared Kushner, but both sides failed to agree to a deal to end the...
Bloomberg MarketsDec 3, 8:22 AM
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Copper Hits Fresh Record on Rising Risk of Tariff-Fueled Squeeze

Copper rallied to a fresh record as a surge in orders for metal in London Metal Exchange warehouses compounded worries that potential US tariffs will fuel a global supply squeeze.

Copper rallied to a fresh record as a surge in orders for metal in London Metal Exchange warehouses compounded worries that potential US tariffs will fuel a global supply squeeze.
Bloomberg MarketsDec 3, 8:01 AM
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Smiths Sells Airport Scanner Unit to CVC at £2 Billion Value

Smiths Group Plc agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.

Smiths Group Plc agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.7 billion).
Bloomberg MarketsDec 3, 7:47 AM
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Turkey Weighs Opening Armenia Border That’s Shut Since the 90s

Turkey is considering reopening its land border with Armenia in the next six months, according to people familiar with the matter, doing away with Europe’s last closed frontier of the Cold War-era and paving the way to revived trade in the Caucasus.

Turkey is considering reopening its land border with Armenia in the next six months, according to people familiar with the matter, doing away with Europe’s last closed frontier of the Cold War-era and paving the way to revived trade in the Caucasus.
Bloomberg PoliticsDec 3, 7:39 AM
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Japan Metal Union Aims for Record Wage Hike as BOJ Watches Trend

A Japanese labor union group will push in annual negotiations for a salary hike that exceeds the record gain obtained in the previous round of talks, in the latest sign that pay momentum is holding up.

A Japanese labor union group will push in annual negotiations for a salary hike that exceeds the record gain obtained in the previous round of talks, in the latest sign that pay momentum is holding up.
Bloomberg PoliticsDec 3, 7:38 AM
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Egypt Business Gauge Hits Five-Year High After Pound Strengthens

A key gauge of business activity in Egypt expanded for the first time since February, as greater demand and a stronger local currency helped boost the import-reliant economy.

A key gauge of business activity in Egypt expanded for the first time since February, as greater demand and a stronger local currency helped boost the import-reliant economy.
Bloomberg MarketsDec 3, 7:36 AM
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China Copper Smelters, Chile Miner in Deadlock Over Fee Talks

Chinese copper smelters, faced with the prospect of negative fees for turning ore into metal, are in stalemate with a major Chilean miner in talks to set a crucial benchmark for the industry.

Chinese copper smelters, faced with the prospect of negative fees for turning ore into metal, are in stalemate with a major Chilean miner in talks to set a crucial benchmark for the industry.
Bloomberg MarketsDec 3, 7:32 AM
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Wanda Faces $700 Million of Bond Deadlines as China Woes Flare

China’s worsening property debt crisis is ratcheting up scrutiny of the country’s major real estate firms that have so far avoided default, as looming offshore bond maturities draw closer.

China’s worsening property debt crisis is ratcheting up scrutiny of the country’s major real estate firms that have so far avoided default, as looming offshore bond maturities draw closer.
Bloomberg MarketsDec 3, 7:32 AM