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Iran War: Flareup of Violence Tests Ceasefire | Daybreak Europe 05/05/2026
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May 5, 2026
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47:06Now PlayingBloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, the four-week ceasefire in the Middle East has been tested by a flareup of violence between the US and Iran. The American military fought off attacks from Iranian drones, missiles and armed small boats as it guided two US-flagged vessels through the Strait of Hormuz.
UniCredit posted a record quarterly profit, strengthening CEO Andrea Orcel as he prepares to put his takeover bid to Commerzbank investors. But HSBC's first quarter profit missed estimates. Europe's biggest bank is putting money aside for credit losses and the impact of the conflict in the Middle East.
Plus Bloomberg understands that Apple is exploring using Intel and Samsung to produce the main processors for its devices in the US. Doing so would offer a secondary option beyond its longtime partner TSMC.
Today's guest: Sunaina Sinha Haldea, Raymond James, Global Head of Private Capital Advisory.
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