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Hundreds Of Labour MP's Back Andy Burnham For PM

Andy Burnham's path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. At the end of the first day of the party's leadership contest to replace Keir Starmer, 322 of 403 Labour members of Parliament voted for Burnham. Responding to the confirmation of the vote number, Burnham said he was "deeply grateful" for the support he's received from party colleagues, saying it "reflects a shared belief that Britain needs a new approach to politics." Bloomberg Opinion's Rosa Prince joins Caroline hepker and Rachel Evans on Daybreak Europe to discuss.'

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Bloomberg

Inflation Is a Tailwind for European Stocks, Morgan Stanley Says

European equities stand to benefit from higher inflation, according to Morgan Stanley's Marina Zavolock, who says the market underestimates the region's exposure to sectors that profit from rising prices. "We have a lot of real asset exposure, we have banks exposure," Zavolock, the firm's chief European equity strategist, tells Bloomberg Television.

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Bloomberg

BioOrbit CEO on Developing Cancer Treatments in Zero Gravity

Katie King, cofounder and CEO of BioOrbit, discussed the company's recent milestone in producing protein crystals in space. BioOrbit launched a record-breaking mission to the International Space Station, achieving the largest scale production of protein crystals in a microgravity environment by one to two orders of magnitude. King spoke to Bloomberg's Tom Mackenzie.

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