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Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit's Losers

Nvidia China Chip Payments, Tax Hike Hurts Jobs, Private Credit's Losers

Bloomberg3 hours ago
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia and Advanced Micro Devices agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and Beijing. (2) European nations are seeking to talk to Donald Trump ahead of the US president's planned meeting in Alaska with Russian leader Vladimir Putin, according to people familiar with the matter. (3) Israeli Prime Minister Benjamin Netanyahu defended his plan for a military sweep against the final Hamas strongholds in Gaza, calling it the best available option for recovering hostages while safeguarding his country's long-term security — an argument that's met vocal opposition at home and abroad. (4) It was a 'trailblazing' project - and for the two small pension funds that helped finance it, a chance to prop up the retirement savings of dentists and pharmacists in rural northern Germany. We look at Germany's biggest property crash since the financial crisis. (5) The UK jobs market weakened across the board in July as employers cut their payroll budgets in response to Chancellor of the Exchequer Rachel Reeves' £26 billion ($34.9 billion) tax increase, according to a survey closely monitored by the Bank of England. (6) European Central Bank officials will wait until December to deliver their next interest-rate cut in what is likely to be the final move in the cycle, a Bloomberg survey showed.
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Editorial: Putin blocks Trump's peacemaking — Another blown deadline shows Ukraine truce is not easy
Editorial: Putin blocks Trump's peacemaking — Another blown deadline shows Ukraine truce is not easy

Yahoo

time27 minutes ago

  • Yahoo

Editorial: Putin blocks Trump's peacemaking — Another blown deadline shows Ukraine truce is not easy

President Donald Trump's deadline of today for Russian leader Vladimir Putin to agree to a ceasefire deal between Russia and Ukraine seems ready to come and go with no deal. We wish the president's desire for peace was fulfilled, for as Ukrainian President Volodymyr Zelenskyy says: 'the war must end. And it must be done honestly,' meaning a complete withdrawal of invading Russian troops. But this is Putin's war and Putin has not achieved his war aims, namely to conquer Kyiv. Trump's envoy Steve Witkoff met with Putin at the Kremlin this week and now there are plans that Trump will sit down with Putin and Zelenskyy soon. We hope that Trump, a salesman for more than half a century, can put on the charisma and win over Vlad, but the ex-KGB lieutenant colonel is probably immune to the Donald's charms. Having been back in the White House for six months now, Trump must finally be realizing that he can't end this war 'in 24 hours,' as he boasted when he was out of office. Putin will respond only to military defeats and economic pressure. The Ukrainians will bloody him on the battlefield and the U.S. and our allies must keep on the sanctions to blunt Putin's power and his vision of an imperial Russia retaking its place in the firmament of global powers. Putin's withdrawal and ending this war will not be pleasant for him. But his failure to quickly capture Kyiv following the February 2022 invasion set the stage for the grinding conflict that is draining both Russia and Ukraine of blood and treasure. In an ideal world, Putin's recalcitrance to end his folly will at least finally convince Trump that there is not and was never going to be a quick and easy solution that he could be seen to personally mediate in his apparent quest to get a Nobel peace prize. We hope that it's become clear to Trump that the only reason any negotiations are even happening as opposed to a Putin puppet already calling the shots in Ukraine is that the Ukrainian forces have continued to receive the support of the international community, including necessary arms replenishment and supplies from the United States. Despite his missteps and confusion, Trump is right about one thing: the only way out of this mess is dialogue until the sides can reach a resolution, which must happen from a position of strength for Ukraine. A final deal rests on having each side feel like it can claim some measure of victory, which may entail some concessions to Russia, although there should be some clear nonnegotiables. Among those, the most important is the crux of this entire mess in the first place: Ukraine's territorial integrity, which must be preserved at least to the borders that existed as of the time of the invasion. Beyond being moral, this is for practical reasons. As much as Putin has lost in this campaign — military capability, economic strength and hundreds of thousands of lives — he may well consider it a template worth repeating if he ultimately gets the chunk of territory he so desperately desires. For the sake of Europe's — and our — continued security, it must be made crystal clear to Putin that his objectives of territorial expansion have failed absolutely. Perhaps this debacle might also temper some of Trump's own stated territorial ambitions; the age of military annexations is over, for good reason. _____

Poland Loyalty Programs Market Report 2025: Loyalty Programs in Poland Expected to Double by 2029, Reaching a Forecasted $2.01 Billion
Poland Loyalty Programs Market Report 2025: Loyalty Programs in Poland Expected to Double by 2029, Reaching a Forecasted $2.01 Billion

Yahoo

time27 minutes ago

  • Yahoo

Poland Loyalty Programs Market Report 2025: Loyalty Programs in Poland Expected to Double by 2029, Reaching a Forecasted $2.01 Billion

The Polish loyalty market is set to grow 16.6% annually, reaching $1.19B by 2025 and $2.01B by 2029. The report covers a comprehensive data-centric analysis of opportunities and risks across sectors, highlighting the dynamics and future growth of loyalty programs. Discover key insights and strategies. Polish Loyalty Programs Market Dublin, Aug. 11, 2025 (GLOBE NEWSWIRE) -- The "Poland Loyalty Programs Market Intelligence and Future Growth Dynamics - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2025 Update" report has been added to loyalty market in Poland is expected to grow by 16.6% on annual basis to reach US$1.19 billion in 2025. In value terms, the loyalty market in Poland has recorded a CAGR of 18.6% during 2020-2024. The loyalty market in the country will continue to grow over the forecast period and is expected to record a CAGR of 13.9% during 2025-2029. The loyalty market in Poland is expected to increase from US$1.02 billion in 2024 to reach US$2.01 billion by 2029. This report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of end-use sectors and market segments in Poland. With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics. Key Attributes: Report Attribute Details No. of Pages 130 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $1.19 Billion Forecasted Market Value (USD) by 2029 $2.01 Billion Compound Annual Growth Rate 13.9% Regions Covered Poland Report ScopeThis report provides in-depth, data-centric analysis of loyalty programs in Poland. Below is a summary of key market Retail Sector Spend Value Trend Analysis Ecommerce Spend POS Spend Poland Loyalty Spend Market Size and Future Growth Dynamics by Key Performance Indicators Value Accumulated and Value Redemption Rate of Loyalty programs in Poland Poland Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains Loyalty Schemes Loyalty Platforms Poland Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type Points programs Tier-based programs Mission-driven programs Spend-based programs Gaming programs Free perks programs Subscription programs Community programs Refer a friend program Paid programs Cashback programs Poland Loyalty Spend Market Size and Future Growth Dynamics by Channel In-Store Online Mobile Poland Loyalty Schemes Spend Market Size and Future Growth Dynamics by Business Model Seller Driven Payment Instrument Driven Others Poland Loyalty Spend Market Size and Future Growth Dynamics by Key Sectors Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Poland Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Online Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Poland Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by In-Store Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Poland Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Mobile App Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Poland Loyalty Spend Market Size and Future Growth Dynamics by Retail Diversified Retailers Department Stores Specialty Stores Clothing, Footwear & Accessories Toy & Hobby Shops Supermarket and Convenience Store Home Merchandise Other Poland Loyalty Spend Market Size and Future Growth Dynamics by Accessibility Card Based Access Digital Access Poland Loyalty Spend Market Size and Future Growth Dynamics by Consumer Type B2C Consumers B2B Consumers Poland Loyalty Schemes Spend Market Size and Future Growth Dynamics by Membership Type Free Free + Premium Premium Poland Loyalty Platform Spend Market Size and Future Growth Dynamics by Software Use Case Analytics and AI Driven Management Platform Poland Loyalty Platform Spend Market Size and Future Growth Dynamics by Vendor/Solution Partner In House Third Party Vendor Poland Loyalty Platform Spend Market Size and Future Growth Dynamics by Deployment Cloud On-Premise Poland Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Platforms Software Services Poland Loyalty Spend Market Size and Future Growth Dynamics by Software Use Case Platforms Custom Built Platform Off the Shelf Platform Poland Loyalty Spend Market Size and Forecast by Consumer Demographics & Behaviour By Age Group By Income Level By Gender Reasons to buy Insights on Strategy & Innovation: Navigate through future direction of the loyalty programs and platforms market by understanding strategic initiatives taken by key players to gain market share and innovation. In-depth Understanding of Loyalty Market Dynamics in Poland: Understand emerging opportunities and future direction of the loyalty programs and platforms market, key drivers, and trends. Benefit from a detailed market segmentation with 50+ KPIs. Value and Volume KPIs for Accurate Understanding: Value and volume key performance indicators (KPIs) help in developing an accurate understanding of market dynamics. Competitive Landscape: Get a snapshot of competitive landscape with key players and market share in Poland. Formulate your strategy by gaining insights into the current structure of the market. Develop Strategies to Gain Market Share: Create and fine tune your targeting strategy in the loyalty sector, identify growth categories and target specific segments across the value chain; evaluate important trends and risks unique to your market. Deeper Understanding of Consumer Behaviour: Increase ROI by understanding how consumer attitudes and behaviours are evolving. Get a detailed view on retail spending dynamics across consumer segments. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Polish Loyalty Programs Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

FTSE 100 LIVE: Stocks mixed as traders brace for Trump-Putin meet and US-China trade deadline
FTSE 100 LIVE: Stocks mixed as traders brace for Trump-Putin meet and US-China trade deadline

Yahoo

time27 minutes ago

  • Yahoo

FTSE 100 LIVE: Stocks mixed as traders brace for Trump-Putin meet and US-China trade deadline

Este contenido insertado no está disponible en tu región. The FTSE 100 (^FTSE) and European stocks were mixed on Monday as traders awaited news on progress on Russia and Ukraine. It comes as president Donald Trump has pushed for a ceasefire, stating on Friday that he is set to meet Russian president Vladimir Putin this week in Alaska to negotiate an end to the war in Ukraine. The deal will reportedly involve 'some swapping of territories' with suggestions that it would see Ukraine ceding Russia the parts of Donbas that it still controls. Ukraine's President Zelenskiy was quick to reject the idea and European leaders have called for any peace talks with Russia to include Kyiv. Bloomberg reported on Sunday that European leaders are seeking to speak with Trump before his meeting with Putin. Meanwhile, US tariffs on China are due to come in on Tuesday but the 90-day truce could get extended again. Investors are also eagerly awaiting the latest US inflation data. London's benchmark index (^FTSE) was 0.3% higher in early trade Germany's DAX (^GDAXI) dipped 0.1% and the CAC (^FCHI) in Paris headed 0.04% into the green The pan-European STOXX 600 (^STOXX) was up 0.2% Wall Street is set for a positive start as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in the green. The pound was flat against the US dollar (GBPUSD=X) at 1.3451 Key companies reporting this week: Follow along for live updates throughout the day: Trump to meet Putin this week Traders are awaiting news on progress on the war in Ukraine this week as president Donald Trump has pushed for a ceasefire. He stated on Friday that he is set to meet Russian president Vladimir Putin in Alaska on Friday to negotiate an end to the war in Ukraine. The deal will reportedly involve 'some swapping of territories' with suggestions that it would see Ukraine ceding Russia the parts of Donbas that it still controls. Ukraine's President Zelenskiy was quick to reject the idea and European leaders have called for any peace talks with Russia to include Kyiv. Bloomberg reported on Sunday that European leaders are seeking to speak with Trump before his meeting with Putin. Asia overnight Stocks in Asia were mostly higher on the day with the Hang Seng (^HSI) up 0.04% in Hong Kong and the Shanghai Composite ( rising 0.3% by the end of the session. It came as China released its latest inflation data over the weekend, with year-on-year CPI at 0.0%, compared to -0.1% expected, and PPI at 3.6% versus the 3.3% expected. In South Korea, the Kospi (^KS11) lost 0.1% while the Nikkei (^N225) is closed for a holiday. Recapping movement across the pond last week, equities continued their upward momentum, with the S&P 500 (^GSPC) climbing 2.43% overall and gaining 0.78% on Friday alone. It ended the week just a whisker, less than 0.01%, from its all-time high. Technology stocks led the charge, as the Nasdaq (^IXIC) advanced +3.87% (up 0.98% on Friday), while the Magnificent 7 surged 5.42% over the week. Stocks were buoyed by optimism surrounding potential talks between the US and Russia over Ukraine despite fresh US tariffs that took effect on 7 August. Coming up Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. Here's a snapshot of what's on the agenda: 7am: Trading updates: Barrick Mining, AST SpaceMobile, Central Asia Metals, Diversified Energy, MarshallsTrump to meet Putin this week Traders are awaiting news on progress on the war in Ukraine this week as president Donald Trump has pushed for a ceasefire. He stated on Friday that he is set to meet Russian president Vladimir Putin in Alaska on Friday to negotiate an end to the war in Ukraine. The deal will reportedly involve 'some swapping of territories' with suggestions that it would see Ukraine ceding Russia the parts of Donbas that it still controls. Ukraine's President Zelenskiy was quick to reject the idea and European leaders have called for any peace talks with Russia to include Kyiv. Bloomberg reported on Sunday that European leaders are seeking to speak with Trump before his meeting with Putin. Traders are awaiting news on progress on the war in Ukraine this week as president Donald Trump has pushed for a ceasefire. He stated on Friday that he is set to meet Russian president Vladimir Putin in Alaska on Friday to negotiate an end to the war in Ukraine. The deal will reportedly involve 'some swapping of territories' with suggestions that it would see Ukraine ceding Russia the parts of Donbas that it still controls. Ukraine's President Zelenskiy was quick to reject the idea and European leaders have called for any peace talks with Russia to include Kyiv. Bloomberg reported on Sunday that European leaders are seeking to speak with Trump before his meeting with Putin. Asia overnight Stocks in Asia were mostly higher on the day with the Hang Seng (^HSI) up 0.04% in Hong Kong and the Shanghai Composite ( rising 0.3% by the end of the session. It came as China released its latest inflation data over the weekend, with year-on-year CPI at 0.0%, compared to -0.1% expected, and PPI at 3.6% versus the 3.3% expected. In South Korea, the Kospi (^KS11) lost 0.1% while the Nikkei (^N225) is closed for a holiday. Recapping movement across the pond last week, equities continued their upward momentum, with the S&P 500 (^GSPC) climbing 2.43% overall and gaining 0.78% on Friday alone. It ended the week just a whisker, less than 0.01%, from its all-time high. Technology stocks led the charge, as the Nasdaq (^IXIC) advanced +3.87% (up 0.98% on Friday), while the Magnificent 7 surged 5.42% over the week. Stocks were buoyed by optimism surrounding potential talks between the US and Russia over Ukraine despite fresh US tariffs that took effect on 7 August. Stocks in Asia were mostly higher on the day with the Hang Seng (^HSI) up 0.04% in Hong Kong and the Shanghai Composite ( rising 0.3% by the end of the session. It came as China released its latest inflation data over the weekend, with year-on-year CPI at 0.0%, compared to -0.1% expected, and PPI at 3.6% versus the 3.3% expected. In South Korea, the Kospi (^KS11) lost 0.1% while the Nikkei (^N225) is closed for a holiday. Recapping movement across the pond last week, equities continued their upward momentum, with the S&P 500 (^GSPC) climbing 2.43% overall and gaining 0.78% on Friday alone. It ended the week just a whisker, less than 0.01%, from its all-time high. Technology stocks led the charge, as the Nasdaq (^IXIC) advanced +3.87% (up 0.98% on Friday), while the Magnificent 7 surged 5.42% over the week. Stocks were buoyed by optimism surrounding potential talks between the US and Russia over Ukraine despite fresh US tariffs that took effect on 7 August. Coming up Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. Here's a snapshot of what's on the agenda: 7am: Trading updates: Barrick Mining, AST SpaceMobile, Central Asia Metals, Diversified Energy, Marshalls Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. Here's a snapshot of what's on the agenda: 7am: Trading updates: Barrick Mining, AST SpaceMobile, Central Asia Metals, Diversified Energy, Marshalls Inicia sesión para acceder a tu cartera de valores

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