Russia Grabs Nestle Assets, Trump Holding Off on China Tariffs

Russia took control of the local businesses of Swiss food giant Nestle and French supermarket chain Auchan in the Kremlin’s largest takeover of foreign corporate assets since at least 2024 amid rising tensions with Europe. The US is expected to hold off announcing new tariffs on China and other trading partners until after next week’s summit between Presidents Xi Jinping and Donald Trump, according to people familiar with the matter, a delay that could preserve such a threat as leverage in the negotiations. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:31 - Market Check 00:01:37 - Yen Extends Drop 00:04:52 - Nvidia Sees Chip Sales 00:07:11 - US to Hold Off China Tariffs 00:13:22 - Wizz Air CEO Jozsef Varadi 00:21:07 - US to Allow Iran Officials to Attend UNGA 00:21:45 - Russia Grabs Nestle Assets 00:23:40 - Bond Market Check 00:28:18 - ECB's Kazaks on Inflation 00:37:09 - Japanese Yen 00:41:44 - BOJ Fails to Support Yen: Market Analysis 00:47:05 - Stocks to Watch: Nestle, UK Retailers, Luxury 01:04:02 - AI Bosses Meets King Charles in Scotland 01:09:08 - Trump, Xi Jinping Meeting 01:16:19 - Yen Weakens After BOJ Rate Hike 01:20:42 - Germany's Merz Braces for Elections 01:24:12 - Yen Extends Decline Against Dollar 01:28:36 - Croatian National Bank Governor Ante Zigman 01:33:41 - Oktoberfest Begins -------- 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