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For your information, you can find below the description of the video Japan Autos Surge on US Trade Deal; Reports PM Ishiba to Step Down | Daybreak Europe 7/23/2025 published by the Youtube channel Bloomberg Television:
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, Toyota & Subaru are among the Japanese carmakers surging after the US President announced a trade deal with Japan. Under the deal, the tariff on autos and car parts will be lowered from 25% to 15%. Meanwhile Japanese media report that Prime Minister Shigeru Ishiba will announce his intention to step down as soon as this month, after losing his Upper House majority at the weekend.
Also on the programme, UniCredit raises its full-year profit outlook, after dropping its bid for rival Banco BPM; Norway's Equinor reports a 19% drop in quarterly profit on softer oil prices and we speak to the CEO of SAP, Europe's most valuable company, as its quarterly cloud and software sales fall short.
Today's guests: Torgrim Reitan, Equinor, CFO and Christian Klein, SAP, CEO.
Chapters:
00:00:00 - Daybreak Europe
00:01:05 - UniCredit 2Q Earnings
00:04:06 - Japan's Topix Index Trades Above Record-High Closing Level
00:05:40 - Japan 40-Year Auction Sees Weak Demand
00:06:14 - Japan's Ishiba To Resign By August-End: Mainichi
00:11:12 - Stocks Jump On Tariff Deals
00:13:04 - Kohl's Becomes Traders' Latest Meme Darling
00:13:35 - UniCredit Lifts Outlook as Orcel Moves On From Banco BPM Bid
00:17:03 - Tesla to Report as Investors Eye Robotaxi, Outlook
00:20:09 - SpaceX Warns Musk Could Return To Politics
00:21:03 - Macron-Merz Meeting In Berlin on Defense Spat
00:26:23 - Trump Says Japan Trade Deal Reached
00:29:31 - Torgrim Reitan, Equinor CFO
00:35:50 - Christian Klein, SAP CEO
00:42:52 - Nokia Cuts Profit Forecast
00:43:17 - ASM 2Q Order Misses Estimates
00:43:44 - Texas Instruments Plunges On Forecast
00:44:06 - Indian PM Modi To Make Two-Day UK Visit
00:44:27 - Ozzy Osbourne Dies At 76
00:45:10 - Japanese Assets In Focus
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