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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Saudi Arabia Cuts Oil Supply & Bank Capital Requirements Could Rise By 20%
Description: Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Oil surges as Saudi Arabia goes it alone with a one million barrel supply cut. (2) Reports from the WSJ suggest the US could raise capital requirements by 20% for large lenders. (3) The UK widens its lead as Europe's favored destination for FDI in the financial sector. (4) Morgan Stanley warns a 16% drop in US profits will kill the American equity rally. (5) Workers tell Bloomberg that ending hybrid working is a deal breaker. See o...