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.
On today’s show, Panama’s president rebuffed Donald Trump’s threat to reimpose US control over the Panama Canal, saying its shipping tolls aren’t inflated and that sovereignty over the waterway isn’t negotiable.
Elsewhere, Honda Motor Co. and Nissan Motor Co. are looking to finalize a merger agreement as soon as June after negotiations begin later Monday, and may combine in 2026, Japanese media reported, citing unidentified sources.
The two automakers plan to create a holding company that would be helmed by a president picked by Honda, Japanese broadcaster NHK said. A press briefing is expected Monday afternoon after the companies hold board meetings.
In other news, Donald Trump said Sunday that he will be president of the US — not Elon Musk.
“No, he’s not taking the presidency,” Trump told a conservative audience in Phoenix, addressing growing complaints about the outsized role the Tesla boss has already had in his incoming administration.
“You know, they’re on a new kick,” he said. “All the different hoaxes. The new one is that President Trump has ceded the presidency to Elon Musk. No, no, that’s not happening.”
That Trump would be compelled to address Musk’s power is testimony to the unusual influence that the world’s richest man has displayed in a second Trump presidency that won’t begin for another month.
Chapters:
00:00:00 – Daybreak Europe
00:00:31 – Nissan-Honda Merger Talks
00:01:29 – Stocks Rise on Fed Cut Bets
00:05:29 – Bond Traders Turn to 2025 Amid Most Agonizing Easing in Decades
00:07:41 – Ghosn: Nissan in ‘Panic Mode’
00:10:55 – Dire Situation in China Is One Reason for Honda, Nissan Merger
00:14:39 – Saudi Delegation Meets With Syria’s de Facto Leader: Syria TV
00:18:20 – Panama’s Leader Takes Up Feud With Trump Over Canal Control
00:23:19 – Putin Meets Slovakia’s Fico in Moscow Before Gas Deal Expiry
00:26:21 – Bitcoin First Weekly Decline Since Trump Win
00:28:25 – Novo Falls Most on Record
00:29:31 – Novo Slump Puts European Stocks Further In Shadow of US Megacaps
00:33:00 – UK Firms Push Starmer to Agree New EU Deal
00:41:05 – Masayoshi Son’s Next Great Hope is Taking Nvidia’s AI Crown
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News post in December 23, 2024, 12:05 pm.
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