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US Prepares for Possible Strike on Iran; Powell Gives Tariff Warning

US Prepares for Possible Strike on Iran; Powell Gives Tariff Warning

Bloomberg4 days ago

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. Sources tell Bloomberg that senior US officials are preparing for a possible strike on Iran within the next few days, with signs that the infrastructure needed to join Israel's offensive is being gathered in the region. Meanwhile, the Fed holds US interest rates again with Chair Jerome Powell saying there are lots of unknowns about the outlook for the economy, including the impact of Trump's tariffs. Today's guests: Lale Akoner, eToro, Global Market Analyst. (Source: Bloomberg)

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Advent's statements on the takeover hint at the value they think there is in Spectris, which hasn't been reflected in its share price. It notes that Spectris respositioned back in 2018 and in the process became a 'more focused and higher quality business.' Since then, shares in Spectris have only risen by around 20%, including the jump seen this year. Advent also has a track record of buying up UK industrial firms. It snapped up electronics firm Laird in 2018, aerospace company Cobham in 2020 and defence contractor Ultra Electronics in 2022.

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