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Bloomberg Daybreak: Europe Edition

Secret US-Russia Talks, CEOs' UK Budget Threat, Canary Wharf Crisis Eases

24 Nov 2025

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Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump’s proposed Nov. 27 deadline to secure Ukraine’s support for a US-backed peace plan isn’t set in stone and could drift into the following week, US Secretary of State Marco Rubio said, suggesting that plenty of work remains. (2) Chief executive officers are bracing for Rachel Reeves to pile further costs on their businesses in her budget — and some are warning they’ll slash investment in the UK if she does. (3) BHP Group has walked away from a fresh takeover approach for Anglo American Plc, ending an unexpected and short-lived attempt by the world’s largest miner to thwart a planned tie-up between its smaller rival and Canada’s Teck Resources. (4) British Prime Minister Keir Starmer unveiled a strategy to make critical minerals at home and reduce reliance on the fragile global supply chain.  (5) In President Donald Trump’s second term, crypto assets transformed his family’s wealth. Now the Trumps — and their followers — are getting a crash course in the wild volatility ingrained in digital currencies. (6) Five years after being battered by Covid-19 and the rise of home working, Canary Wharf is making a comeback. Podcast Conversation: How Breathwork Became the New MeditationSee omnystudio.com/listener for privacy information.

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