Bloomberg Television
US Government Shutdown Nears End & Switzerland Close to Tariff Deal | Daybreak Europe 11/11/2025
Bloomberg 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 record-setting 41-day US government shutdown may end as soon as Wednesday, after the Senate passed a temporary funding measure backed by a group of eight centrist Democrats.
Bloomberg understands that Switzerland is close to securing a 15% tariff on its exports to the US. The deal, which may be concluded within the next two weeks, would be a relief after Switzerland was hit with a punishing 39% levy in August.
Bloomberg is told LVMH is set to open major stores in China next month and, the world's biggest luxury group is in talks for more retail outlets there in the next couple of years.
Today's guests: Pavlo Shevchuk, International CEO at Skyeton & Mike Whitmire, CEO and co-founder of FloQast.
Chapters:
00:00:00 - Daybreak Europe
00:03:20 - US Shutdown Nears End as Senate Passes Deal, House Readies Vote
00:05:36 - Stock Rally Loses Steam as Chinese Shares Decline
00:09:43 - Trump Says Close to India Trade Deal to Bring Tariffs Down
00:12:02 - China Tightens Rules for State-Owned Firms to Add Foreign Debt
00:17:34 - Europe Confronts Airspace Violations by Russia
00:19:30 - Pavlo Shevchuk, International CEO at Skyeton
00:22:40 - China Luxury Market Finds Momentum
00:25:10 - SoftBank Unloads Nvidia Stake for $5.8 Billion in Surprise Move
00:29:06 - Trump Backs Deal to End US Shutdown as Senate Plans Vote on Bill
00:31:52 - Dollar Carry Outshines Other Assets
00:34:46 - UK Unemployment Expected to Rise
00:39:01 - Mike Whitmire, CEO and co-founder of FloQast
00:43:39 - Buffett Says He’s ‘Going Quiet,’ Picking Up Donation Pace
--------
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Nov 11, 2025