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UK's Streeting Set to Resign and Challenge PM Starmer
Bloomberg Television· 2026-05-13 14:09
Health Secretary Wes Streeting has told allies he's preparing to trigger a leadership contest and resign as soon as tomorrow. So this uncertainty around the future of this government continues to linger, and yields on British debt continue to climb. The argument here is that they're not climbing because Keir Starmer could leave. It's climbing because of what could potentially replace Keir Starmer.There were a lot of calls for apologies to Liz Truss yesterday. It was really notable yesterday saying it was no ...
Trump Arrives in China Facing New Economic Pressure at Home
Bloomberg Television· 2026-05-13 13:21
Let's talk about the data. How much pressure is on this administration to do something about these numbers. Well, I think a lot more.And certainly if you're the white House or you're the Treasury secretary, you just had a meeting today with the Chinese ahead of the summit tomorrow between President Trump and XI Jinping. This PPI data certainly is going to catch your eye, especially when it comes to the fact that this administration in some recent polls, has really been under water when it comes to the handl ...
Markets Brace as Keir Starmer Battles To Save His Job
Bloomberg Television· 2026-05-13 13:10AI Processing
The UK has been thrown into political uncertainty with Prime Minister K Starmmer finding his leadership consumed by forces beyond his control and ministers resigning. Here are some takeaways on what the markets have been doing and what to watch for. UK government bonds or guilts reflect the interest rate at which the market is prepared to lend to the government.They are therefore a measure of the confidence of investors. Those borrowing costs have been rising. Now, there are some underlying factors.Bond mar ...
World’s Most Important Relationship Tested by Trump-Xi Meeting
Bloomberg Television· 2026-05-13 13:08
He's been a friend of mine. I got I've gotten along with him very well over the years. >> Friends or is it complicated.Donald Trump is set to meet with China's Xiinping in Beijing this week. That puts one of the most consequential relationships in global politics back in the spotlight. Trump's long complicated rapport with Xi.This will mark the first visit by sitting US president to China in nearly a decade. Trump himself being the last US president to visit. The trip revives a personal dynamic between two ...
US Producer Prices Climb by Most Since 2022
Bloomberg Television· 2026-05-13 13:02
Coming out hot. Indeed. Jon 1.4% for the headline PPI on a month over month basis on a year over year basis that pushes the index to 6%.The core rate comes in up 1%. That is food and energy, which pushes the core rate on a year over year basis to 5.2%. And if you exclude trade, the basically the margins for retailers and wholesalers, you've got a 6/10 rise and a 4.4% annual rate.Now, in terms of the overall, uh, PPI, the index for goods is up by 1.2%. Uh, that is for uh, for services, rather prices for good ...
Boeing Bets Comeback on Trump, China and an Elusive New Plane
Bloomberg Television· 2026-05-13 13:01
Boeing in China just before we get to today. Just give us some some background going back to the 1970s, Richard Nixon's visit and how then Boeing was kind of seen as this diplomatic tool until then. As is now, Boeing has been the diplomatic tool for the US, and Boeing has been crucial in kickstarting aviation across the world, including in China, where the aviation sort of boom started with the the Boeing 707.Before that, who had a lot of Russian planes in China. And so getting the 707. And then airlines in ...
Oil Inventories Falling at Record Pace, Warns IEA | The Pulse 05/13/2026
Bloomberg Television· 2026-05-13 11:48
♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE." GUY: GOOD MORNING. I'M GUY JOHNSON IN FOR FRANCINE.LET'S TALK ABOUT WHERE WE ARE WITH THIS TRIP THE PRESIDENT OF THE UNITED STATES IS TAKING TO CHINA. JENSEN HUANG HAS JOINED THE U.S. PRESIDENT ON THAT VISIT TO BEIJING. IT WAS A LAST-MINUTE ADDITION.HE PICKED THEM UP IN ALASKA. IT ALWAYS REFUELED IN ALASKA SO THEY CAN HAVE ENOUGH FUEL TO GET TO BEIJING. THAT IS WHERE WE CAUGHT UP WITH JENSEN HUANG.HE GOT ON THE PLANE, EVERYBODY IS HAPPY. NVIDIA FUTURES ...
Trump-Xi Summit: Nvidia CEO Joins Air Force One to China | Daybreak Europe 5/13/2026
Bloomberg Television· 2026-05-13 07:40
>> THIS IS BLOOMBERG DAYBREAK: EUROPE. I AM LIZZY BURDEN WITH YOUR TOP STORIES. RISK SENTIMENT GETS A BOOST WITH NVIDIA CEO JENSEN HUANG JOINING PRESIDENT TRUMP ON AIR FORCE ONE TO CHINA.TOP OF THE AGENDA, TRUMP SAYS HE WILL ASK XI JINPING TO OPEN UP CHINA AS HIS FIRST REQUEST, CLAIMING TRADE, NOT THE IRAN WAR IS HIS PRIORITY. AND CLINGING ON FOR NOW. U.K. PRIME MINISTER KEIR STARMER REMAINS IN OFFICE AHEAD OF THE KING'S SPEECH LATER TODAY DESPITE A SLEW OF MINISTERIAL RESIGNATIONS.GOOD MORNING. CHECKING IN ...
Wayve CEO on the best business model to scale autonomous cars #tech #shorts
Bloomberg Television· 2026-05-13 07:15
Do you think ultimately this is a winner takes all market or is there room and space for different approaches. Well, you raise an interesting point because not only have we had a contrarian technical strategy, but also we bring a contrarian business model. The the three main ones that are emerging, you know, you can sell your own cars.That's what Tesla's doing. The second approach which Waymo's taking is to build your own fleets. I mean, that requires a very intent capital intensive operation to go and grow ...
Trump Faces Emboldened Xi as War Clips US Leverage | Horizons Middle East & Africa 5/13/2026
Bloomberg Television· 2026-05-13 07:04
JOUMANNA: GOOD MORNING. THIS IS HORIZONS MIDDLE EAST & AFRICA. OUR TOP STORIES THIS MORNING.PRESIDENT TRUMP HAS SET OFF FOR CHINA FOR THE FIRST U.S. PRESIDENTIAL VISIT IN ALMOST A DECADE. HE FACES AND EMBOLDENED XI JINPING AS THE IRAN WAR CLIPS AMERICAN LEVERAGE. TRADERS RENEWED BEARISH BETS ON U.S. TREASURIES.EXPECTATIONS THAT THE FED WILL RAISE INTEREST RATES AS OIL AND INFLATION PUSH HIGHER. AND CRUDE SHIPMENTS FROM IRAN'S MAIN EXPORT TERMINAL APPEAR TO HAVE STOPPED AS BLOOMBERG LEARNS THE UAE HAS HIT TH ...