<figure><img src="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ikPhtDFvn7gg/v7/-1x-1.png"><figcaption><div><p>Source: Bloomberg, 0:00</p></div><div></div></figcaption></figure><p>Your morning briefing, the business news you need in just 15 minutes.</p><p>On today&#x2019;s podcast:</p><p>(1) Chancellor Friedrich Merz&#x2019;s ruling coalition with the Social Democrats faces a key vote in parliament on Friday that could precipitate its demise only seven months into its four-year term.</p><p>(2) President Vladimir Putin arrived in New Delhi for his first state visit to India since Russia&#x2019;s full-scale invasion of Ukraine, showcasing warming ties that have angered the US and led to hefty trade tariffs.</p><p>(3) Jane Street&#x2019;s record haul this year has been boosted by savvy bets on the artificial intelligence boom that are showing up as big gains in its trading results, according to people familiar with the matter.</p><p>(4) Booker Prize-winning author Salman Rushdie warned that the banning of books in parts of the US is contributing to &#x201C;unexpected amounts of pressure&#x201D; on free expression around the world.</p><p>(5) Jamie Oliver is bringing his Italian restaurants back to the UK six years after the chain collapsed into insolvency, returning at a time when the industry&#x2019;s facing what he calls a &#x201C;horror show&#x201D; of higher costs and weak demand.</p><p>Podcast Conversation: <a href="https://www.bloomberg.com/graphics/2025-opinion-are-we-in-a-stock-bubble/" title="Click to view webpage.">&lt;meta itemprop="type" content="WebLink"&gt;Are We in a Stock Bubble? This Is the Only Thread You Need</a></p>

Bloomberg Daybreak Europe: German Coalition On Edge

Your daily business briefing. All the news you need in 15 minutes.

Bloomberg Daybreak EU

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Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.