Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values.

(2) The European Union’s top diplomat Kaja Kallas rejected the picture of the bloc’s decline painted by the Trump administration and urged member states to accelerate Ukraine’s membership bid as a sign of the bloc’s power.

(3) Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance Corp. after receiving its hostile suitor’s most recent amended offer, people with knowledge of the matter said.

(4) John Hurley, the Trump administration’s top sanctions official, is set to leave his post after friction with Treasury Secretary Scott Bessent, according to people familiar with the matter.

(5) Great Britain took their record gold medal tally to three at the Winter Olympics in Italy over the weekend.

Podcast Conversation: We’re Living in a Golden Age of Close-Up Magic

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Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values. 
The double-edged message offered some reassurance to allied leaders gathered at the Munich Security Conference but did little to temper their push for more independence from Washington. 
“We want Europe to prosper because we’re interconnected in so many different ways, and because our alliance is so critical,” Rubio told Bloomberg News Editor-in-Chief John Micklethwait on the sidelines of the conference on Saturday. “But it has to be an alliance of allies that are capable and willing to fight for who they are and what’s important.”
“What is it that binds us together? Ultimately, it’s the fact that we are both heirs to the same civilization, and it’s a great civilization,” he said. “It’s one we should be proud of.”
Rubio’s comments elaborated on a speech he delivered to the event, Europe’s premier annual security gathering, earlier Saturday morning. The speech was the most anticipated of the three-day conference, with fellow leaders eager to hear if he would double down on the contemptuous tone voiced a year earlier by Vice President JD Vance at the same venue.

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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

• In the US – a look ahead to what to expect from homebuilders in the months ahead along with a focus on 3 stocks for the week ahead.
• In the UK – a look ahead to UK jobs data.
• In Asia – a look ahead to the Lunar New Year Holiday in China.

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Your morning briefing. All the news you need to start your day

On today's podcast:

(1) ogistics stocks plunged on Thursday as the group became the latest victim of the artificial intelligence “scare trade.” At the center of the selloff: a former karaoke company with a stock-market value of only $6 million.

(2) OpenAI has warned US lawmakers that its Chinese rival DeepSeek is using unfair and increasingly sophisticated methods to extract results from leading US AI models to train the next generation of its breakthrough R1 chatbot, according to a memo reviewed by Bloomberg News.

(3) Goldman Sachs' top lawyer Kathy Ruemmler is leaving the firm following a cache of Department of Justice documents showing her links with sex offender Jeffrey Epstein.

(4) Hungarian opposition leader Peter Magyar said he was secretly taped having sex with his former partner in 2024, preempting a potential release of a video that he called a “Russia-style” attempt to blackmail him before pivotal elections in April.

(5) UK Defense Secretary John Healey said allies have pledged as much as $35 billion in new military aid to Ukraine to strengthen its air defenses after a series of massive Russian air strikes on energy infrastructure and civilian targets.

Podcast Conversation: Waymo Tries Finding DoorDash Drivers to Shut Open Robotaxi Doors

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Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of President Donald Trump and bungling the release of files on disgraced financier Jeffrey Epstein during a fiery hearing Wednesday.

(2) Donald Trump’s tariff policies suffered their strongest political blow yet with the Republican-led US House passing legislation aimed at ending the president’s levies on Canadian imports.

(3) The UK economy grew less than forecast in the fourth quarter as business investment shrank and services stagnated, adding to pressure on embattled Prime Minister Keir Starmer. 

(4) Nuveen is buying Schroders Plc in a £9.9 billion ($13.5 billion) deal, creating one of the world’s largest active asset managers with nearly $2.5 trillion of assets.

(5) French President Emmanuel Macron returned to his “Made in Europe” push on the eve of a key European Union meeting, putting him at odds with German Chancellor Friedrich Merz over how best to tackle Europe’s economic woes.

Podcast Conversation: In Defense of Fakes: A Provocation

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Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of President Donald Trump and bungling the release of files on disgraced financier Jeffrey Epstein during a fiery hearing Wednesday.

(2) Donald Trump’s tariff policies suffered their strongest political blow yet with the Republican-led US House passing legislation aimed at ending the president’s levies on Canadian imports.

(3) The British Prime Minister has labelled comments on immigration made by Manchester United's Co-Owner Jim Ratcliffe as 'offensive and wrong'. A spokesperson for Number 10 also called on the billionaire boss of Ineos Chemicals to apologise for the remarks made during an interview with Sky News. During the conversation Ratcliffe said the UK couldn't sustain its current population growth.

(4) French President Emmanuel Macron returned to his “Made in Europe” push on the eve of a key European Union meeting, putting him at odds with German Chancellor Friedrich Merz over how best to tackle Europe’s economic woes.

(5) WhatsApp said Russia’s government has moved to “fully block” its popular encrypted messaging service in the country as part of an effort to drive adoption of a new, state-sponsored app.

Podcast Conversation: In Defense of Fakes: A Provocation

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Your morning briefing. All the news you need to start your day

On today's podcast:

(1) At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to the police. The shootings were Canada's deadliest rampage since 2020.

(2) European Union leaders are finally ready to unify their markets to compete globally, European Council President Antonio Costa said, arguing that the fracturing world order is driving the continent to act.

(3) The European Parliament is moving closer to approving a trade deal with the US after senior lawmakers agreed to make some changes ahead of a vote planned this month.

(4) Russia’s crude shipments are holding steady in the face of mounting pressures on its critical oil trade, but the steeper discounts that are keeping the barrels flowing have hammered the Kremlin’s revenues.

(5) Kimbal Musk, a longtime director at Tesla and the brother of Elon Musk, was connected with at least two women through Jeffrey Epstein several years after the disgraced financier pleaded guilty to sex crimes, emails released by the US Justice Department show.

(6) Poland has never been more prosperous or more influential since regaining its independence as a sovereign state a little over a century ago. Data compiled by Bloomberg show that companies from Poland announced 22 acquisitions in Western Europe last year, the highest number on record, and another four are in the works this year.

Podcast Conversation: Young Car Collectors Snap Up the Classics They Idolized as Teens

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Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Keir Starmer’s cabinet members voiced their support for the prime minister on Monday, buying him time to shore up his beleaguered premiership after the Labour Party’s leader in Scotland urged him to quit.

(2) The European Union is preparing a series of options to embed Ukraine’s membership in a future peace deal, according to people familiar with the matter.

(3) The European Central Bank is striving to ensure inflation remains under control as part of efforts to fortify the continent’s economy, President Christine Lagarde said, urging lawmakers to follow through on a list of necessary reforms.

(4) US insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry facing disruption.

(5) A typical lower-income British household would have to wait 137 years to see its living standards double, according to the Resolution Foundation — more than three times longer than in the past.

(6) Aberdeen, with its windswept views of the North Sea, has for decades carried the title of Europe’s oil capital. Yet that status has been slipping for years, sharpening a political fight in Westminster over whether the industry is even worth salvaging at this point.

Podcast Conversation: Ferrari Shows Interior of EV Designed by Ex-Apple Executive Ive

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Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Keir Starmer’s future is in the balance after a crisis over the appointment of Peter Mandelson as ambassador to Washington claimed the UK prime minister’s closest aide.

(2) Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, citing concerns over concentration risks and market volatility, according to people familiar with the matter.

(3) Japanese Prime Minister Sanae Takaichi secured a historic election triumph, positioning her as the nation’s strongest leader in the postwar era in an outcome that sent stock prices and bond yields soaring.

(4) Iran’s President Masoud Pezeshkian described the Friday nuclear talks with Washington as “a step forward,” even as he pushed back against any attempts at intimidation.

(5) The Seattle Seahawks have won the Superbowl -- beating the New England Patriots 29 to 13, with the halftime performance by Puerto Rican artist Bad Bunny being attacked as "an affront to the Greatness of America".

(6) American activist investor Steven Wood’s one-man mission to overhaul the governance and culture of Swatch Group just became a lot harder. The company’s shares — the most shorted in Europe — recently had their best day ever, and are up 15% this year.

Podcast Conversation: Why Some People Live to 100 Despite Bad Habits

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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.

• In the US – a look ahead to S jobs and CPI data, along with a focus on 3 stocks for the week ahead.
• In the UK – a look ahead to International Energy Week in London.
• In Asia – a look ahead to Softbank Earnings.

See omnystudio.com/listener for privacy information.