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Kremlin Talks ‘Very Useful’, OpenAI CEO's Code Red, Surging Plastic Demand | Bloomberg Daybreak:...

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December 3, 2025

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

On today's podcast:

(1) The Kremlin said Vladimir Putin held “very useful” talks with US envoys Steve Witkoff and Jared Kushner though the sides failed to reach agreement on a plan to end Russia’s war in Ukraine.

(2) The European Union has reached a deal to phase out Russian gas faster than originally planned, a move that aims to finally sever ties between the bloc and its once-primary energy supplier.

(3) French President Emmanuel Macron is preparing for talks with President Xi Jinping as part of a three-day visit to China in the wake of its dispute with Japan over Taiwan's status.

(4) London listings will make a comeback starting next year, aided by a recently unveiled stamp duty holiday, as a top banker at Goldman Sachs says the City must stay competitive compared to its rivals.

(5) OpenAI's CEO Sam Altman is redirecting internal resources to speed up improvements to ChatGPT, declaring a “code red” situation that will delay work on other initiatives.

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Guests & Subjects Covered

The KremlinVladimir PutinSteve WitkoffJared KushnerThe European UnionFrench President Emmanuel MacronPresident Xi JinpingGoldman Sachs

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