Good morning and welcome to Way Too Early on this Thursday, July 3rd. We're going to start with some breaking news. You're seeing live pictures there from the House floor on Capitol Hill where congressional Republicans are pushing toward a final vote on President Trump's sweeping domestic policy bill.You see Hakee Jeff there railing against it. But amid an all night session, the chamber voted 219 to 213 to adopt a rule governing debate on the legislation that opens up discussion and then tease up a final vo ...

So what do we what's the assessment this morning of what we're waiting to hear on the U.K. side of things and how safe the chancellor's position is. Well, good morning. We we heard there you heard from the House of Commons yesterday, Keir Starmer.I'm not giving that backing to Rachel Reeves. But then things progressed as ever in U.K. politics very quickly. And by the end of the day last night, Starmer was out talking to the BBC, giving a lengthy interview in which he was really effusive about their partners ...

We do have some headlines crossing the Bloomberg terminal at the moment. The Trump tax bill crossing a procedural vote. Now, we had started this program about 90 minutes ago with five naysayers, five people who said that we are not going to move forward with this procedural vote at all.It looks like now that we have gotten there, we are actually seeing potential a green light for the one big beautiful bill to actually cross. And I think this is very significant because the concerns here was that it actually ...

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, the US agrees a trade deal with Vietnam, cutting tariffs on Vietnamese exports from 46% to 20%. Stocks in Asia fluctuate on the news, after the S&P 500 set yet another record. Traders now look ahead to the ...

Welcome to Inside. President Trump says the U.S. has reached a trade deal with Vietnam, giving full market access to American companies while slapping a 20% tariff on all Vietnamese imports. This deal would be the third following framework agreements with the UK and China ahead of Trump's July nine deadline.For more details on the deal, let's bring in Vietnam Bureau Chief Francesca Stevens. Francesca. Well, 20% is lower than 46, but is still very high.What do we know about this deal. Yeah, that's right. Wel ...

What's the significance of this backflip. Well, it's a really interesting one, actually, because I think you need to put it in the context of exactly how long it was in place. I mean, it was only at the end of May that US officials sent out these letters to two leading chip design software firms and asked them to stop selling their technology to China.But just this morning we had the announcement from Siemens. They led the charge, of course, the German company, by putting out a statement and saying that, in ...

Antony, just talk us through why, after so long in the cold, these big names are being enticed back to Libyan oil. Yeah. Good morning, Lizzie.Well, I guess the first reason is that that Libya's finally asked them because there's been so much tumult geopolitically, socially, with war there. The split between the the oil industry as well, between two different basically ministries and national oil companies. So all these things over the over the intervening decade, decade plus have really created lots of tumu ...

The main reason uh why the numbers work is because yes we can uh operate this the combined entities with a lower cost base but most of these savings will come from projects uh that TSB is currently running that we will not need to do when the two banks merge investments in digital uh means and channels etc that we are doing at Sant and there. So yes, there will be savings. Yes, we think these savings will help us offer better products at lower cost to the customers.Uh but not all of these costs will come fr ...

At IPO, I think Larry Ellison owned something like 23% of Oracle. Typically, that goes down over time. He now owns 41% of Oracle.What's he done. Every year, he's run that business superbly. It's got 43% operating margins and he's used that cash to buy back shares.He hasn't sold any. So, his ownership has just gone up over time. Two things happened this year.One is the stock really popped 40% and he got a lot of cloud credit. But the interesting thing is this is the year he actually abandoned the buyback str ...

It has a mistake in it. Those were the words spoken on the floor of the House of Representatives today at 11:10 a. m.that shocked every Republican member of the House of Representatives. They all know that the real leading expert on House rules is Democrat Jim McGovern, the Democratic leader of the House Rules Committee. They know that the Republican chair of the House Rules Committee, Virginia Fox, is completely and permanently incompetent.Always has been, always will be, as is her staff. And so the way in ...