Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Emmanuel Macron said he will serve out the remainder of his presidential term as he seeks to quickly stymie the political turmoil in France after Marine Le Pen’s far-right party allied with leftist lawmakers to topple his government.

(2) A measure of France’s bond risk fell amid hopes lawmakers will strike a deal on next year’s budget sooner than many investors had expected, ending months of political impasse that has weighed on markets.

(3) The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, according to people familiar with the matter.

(4) UK household incomes will be held back by budget tax increases in a blow to Prime Minister Keir Starmer’s new goal of “raising living standards in every part of the UK,” according to the Confederation for British Industry.

(5) Citigroup has named 344 new managing directors, the most in at least six years for the Wall Street bank.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) French President Emmanuel Macron is seeking a new prime minister after a no-confidence motion against his government was passed with the help of the far right and left.

(2) The French government's no-confidence vote has created uncertainty for the euro, which may face further headwinds due to the political instability.

(3) Brian Thompson, a 50-year-old UnitedHealth Group executive, was fatally shot in midtown Manhattan outside the New York Hilton Midtown where the company was hosting its investor day.

(4) President elect Donald Trump's pick for the head of the US securities regulator, Paul Atkins, has lifted Bitcoin's value to a record high of over $100,000.

(5) The boss of Lloyds Banking Group has warned the uncertainty around lawsuits and regulatory probes into motor finance mis-selling is making it difficult for investors to have confidence in British banking, with ripple effects across the economy.

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Far-right leader Marine Le Pen teamed up with a left-wing coalition to topple the French government, pitching the country into a prolonged period of turbulence that’s likely to further unsettle investors. For reaction and analysis, hosts Tim Stenovec and Emily Graffeo speak with Bloomberg Daybreak Europe host Stephen Carroll, reporting live from our Paris bureau and Steven Englander, global head of G10 FX Research at Standard Chartered Bank.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) President Emmanuel Macron called on French lawmakers to set aside their personal ambition and reject a vote that would topple the government and throw the country into political turmoil.

(2)  South Korea’s currency recovered while its stocks fell Wednesday, as investors braced for prolonged political uncertainties following a brief decree of martial law by President Yoon Suk Yeol.

(3) Revolut boss Nik Storonsky would still prefer to float his fintech company in the US, saying that markets in the UK can’t compare.

(4) Takeovers of London-listed companies are shrinking the UK stock market at the fastest pace in more than a decade.

(5) Meta is seeking as much as 4 gigawatts of new nuclear energy as the company looks for a reliable electricity source for its data centers. About 45 companies have delisted from the London market this year due to mergers and acquisitions, up 10% from the tally for all of last year, according to data compiled by Bloomberg.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) French Prime Minister Michel Barnier warned lawmakers that France has reached its "moment of truth," as far-right leader Marine Le Pen is set to join a left-wing coalition to topple his government as soon as this week.

(2) The UK doesn't need to trade off its special relationship with the US against its European alliances, Prime Minister Keir Starmer said, despite concern that President-elect Donald Trump's plans to ramp-up tariffs will drive a wedge between the allies. 

(3) SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk's rocket and satellite company to around $350 billion, according to people familiar with the matter. 

(4) Elon Musk's record-setting Tesla Inc. pay package was struck down once again by a Delaware judge, threatening to wrest billions of dollars from the world's richest person and one of Donald Trump's closest confidants. The stock options package was initially worth $2.6 billion and spiked to $56 billion by the time the judge cancelled it. The package was worth $101.5 billion at Monday's closing price.

(5) Previously unreported documents show how the rollout of a landmark new EU biometric border system has been dogged by financial and technical problems that have led to multiple delays.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) President Joe Biden has signed a sweeping pardon for his son Hunter Biden, reversing his previous stance that he would not use his executive powers to aid his son.

(2) In an exclusive Bloomberg interview, France's Finance Minister Antoine Armand refuses to accept Marine Le Pen's demands for budget changes, saying the government won't be blackmailed.

(3) Ireland is likely to return a coalition government of Fianna Fail and Fine Gael, bucking the international trend of ousting incumbent parties.

(4) Rebels in Syria opposed to President Bashar al-Assad captured Aleppo and are headed towards Hama, with Damascus in their sights.

(5) Stellantis CEO Carlos Tavares, known for his cost-cutting drive, stepped down from the automaker following a dispute with the board over how to arrest weakening sales and a stock slump.

(6) Workers across Europe are taking more sick days, and economic costs are mounting.

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Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.

• In the US - a preview of the November jobs report and oil outlook.
• In the UK - a preview of Poland’s Presidential election.
• In Asia – a look at the impact of Donald Trump tariffs on China, and Bitcoin outlook.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop.

(2) Marine Le Pen’s National Rally set out further demands for changes to the French government’s 2025 budget bill after Prime Minister Michel Barnier dropped plans to raise taxes on electricity in a key concession.

(3) President Vladimir Putin warned that his forces could strike “decision-making centers” in the Ukrainian capital of Kyiv with new ballistic missiles as retaliation for attacks on Russia using Western missiles.

(4) Ireland holds a general election on Friday, with Prime Minister Simon Harris hoping to capitalize on a strong economy to secure another five years in power.

(5) Murray Roos was until late last year central to an effort to revolutionise the world’s capital markets via the London Stock Exchange’s nascent digital assets platform. Now, the 48-year-old former trader is using technology to take on even more entrenched market — the UK’s centuries old livestock auctions.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) French Finance Minister Antoine Armand said he is prepared to make concessions on the 2025 budget bill to avoid opposition parties toppling the government in the coming weeks. The prospect has pushed investors to sell French assets, driving up the country's borrowing costs compared with European peers. The rate on 10-year French notes matched Greece's for the first time on record on Thursday.

(2) UK Chancellor Rachel Reeves' £26 billion tax hike on businesses may cost as many as 130,000 jobs if bosses choose to pass on the burden by reducing employment, according to analysis by Bloomberg Economics.

(3)  The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing's tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.

(4) Donald Trump had dinner with Meta CEO Mark Zuckerberg at the president-elect's Mar-a-Lago estate in Florida on Wednesday.

(5) Black graduates face racial discrimination when applying for jobs in financial, professional and legal sectors in the UK, new research shows, even as companies say they are committed to tackling under-representation of minorities at work.

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Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) France’s banking stocks slid as a potential government collapse and deepening political crisis unsettled investors.

(2) The Biden administration is weighing additional curbs on sales of semiconductor equipment and AI memory chips to China that would escalate the US crackdown on Beijing’s tech ambitions but stop short of some stricter measures previously considered, according to people familiar with the matter.

(3) The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.

(4) Black graduates face racial discrimination when applying for jobs in financial, professional and legal sectors in the UK, new research shows, even as companies say they are committed to tackling underrepresentation of minorities at work.

(5) Finland and Sweden have launched initiatives to prepare citizens for potential crises, including war, natural disasters, and cyberattacks.

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