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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

The elon musks qualifies for a package as teslas average market valley reaches a milestone. The big test comes today as the electric car maker reports. Welcome to daybreak europe. We are seeing a little bit of a mixed picture in the as ingestion, perhaps slightly slower for asia index. We have some breaking news coming through just now. Akzonobel saying covid19 will continue to impact the second half of 2020. It also says that headwinds related to covid19 eased during the quarter, so that is a quarter they are reporting on in terms of the Second Quarter. Saying that results showing a strong focus trying to get through the rest of the line on that headline. Basically in terms of the quarter we are reporting for the Second Quarter, covid19 eased headwinds related to covid19 eased but it will continue to impact the second half of 2020. Akzonobel saying it suspended its 2020 financial ambition due to the pandemic. That is the guidance coming through from akzonobel. Coming up, we will speak

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Two ways Israel-Hamas war could lead to much higher oil prices

Wall Street analysts cautioned that oil prices could rise further as the latest conflict takes shape in the Middle East.

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OPEC: White House got 'heads up' on OPEC+ cut

The US sought to strike a balance between denouncing the decision to cut output and not further sour relations with Saudi Arabia.

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ASX LIVE: Australian shares poised to open higher

ASX open 0.4pc higher. Crown’s McCann to step down; Bendigo Bank acquires ANZ investment lending portfolio; Battery exits Infomedia takeover race. Follow updates here.

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