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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Charlie Pellett. President Trump says he made a lot of

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Speaker 1: progress in talks with Ukrainian President Vladimir Zolensky on a

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Speaker 1: peace deal to end Russia's invasion.

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Speaker 2: I don't like to say percentages. I just think we're

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Speaker 2: doing very well. We're very we could be very close.

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Speaker 2: There are one or two very thorny issues, very tough issues,

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Speaker 2: but I think we're doing very well. We made a

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Speaker 2: lot of progress today, but really we've made it over

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Speaker 2: the last month. This is not a one day process deal.

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Speaker 2: This very complicated self.

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Speaker 1: And Ukrainian President Vladimir Zelensky says the peace framework is

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Speaker 1: quote ninety percent agreed and the US Ukraine security guarantees

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Speaker 1: are one hundred percent agreed.

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Speaker 3: Well, also had a joint productive call with European leaders

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Speaker 3: like President Trump, sattled ready and a lot of leaders,

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Speaker 3: including NATO and you, and we agreed that our teams

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Speaker 3: will meet in upcoming weeks to finalize all discussed matters.

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Speaker 3: And we agreed with President Trump that he will hosts

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Speaker 3: and maybe in Washington European LIDS and Ukrainian delegation. Yes,

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Speaker 3: in January.

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Speaker 1: President Trump says he and Zelensky plan to speak again

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Speaker 1: over coming weeks. The White House says President Trump will

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Speaker 1: take part in a bilateral meeting with Israeli Prime Minister

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Speaker 1: Benjamin att Yahoo in Palm Beach, Florida, at one pm

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Speaker 1: Wall Street time Monday. China says it will be holding

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Speaker 1: military maneuvers around Taiwan that will include live fire drills,

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Speaker 1: a move that comes after the US announced a major

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Speaker 1: weapons package for the self run democracy. China reacted angrily

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Speaker 1: to the US earlier this month, approving a package of

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Speaker 1: arm sales to Taiwan worth up to eleven billion dollars.

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Speaker 1: Bank of America CEO Brian moynihan says he expects the

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Speaker 1: Trump administration to de escalate trade tensions next year, after

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Speaker 1: tariff sent shockwaves through the US economy in twenty twenty five.

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Speaker 4: So the question when I talked to foreign governments and

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Speaker 4: I asked you a question about what's this all mean?

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Speaker 4: A foreign CEO as you say, look, you got a choice.

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Speaker 4: You can be here and be here. You just have

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Speaker 4: to make the choice. You're going to be drive more

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Speaker 4: towards America and you will come down to fifteen percent

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Speaker 4: to go from a ten percent across the board of

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Speaker 4: fifteen percent for the broad base of countries not a

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Speaker 4: huge impact. And that's where our team says it's starting

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Speaker 4: to it's starting to de escalate, and that you're starting

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Speaker 4: to see the resolution of the discussions in the fifteen percent.

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Speaker 4: Here seventeen different numbers.

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Speaker 1: Point a Hand made the comment in an interview on

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Speaker 1: CBS's Face the Nation. The man who helped usher IBM

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Speaker 1: into the twenty first century has died. Bloomberg's Monica Ricks

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Speaker 1: has the story.

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Speaker 5: Former IBM chairman and CEO Lewis Gershner has died. He

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Speaker 5: was best known for turning the company around in the

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Speaker 5: nineties and early odds away from hardware production and more

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Speaker 5: towards business services, which significantly helped raise IBM's market value

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Speaker 5: and quadruple its revenue in the nine years he led

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Speaker 5: the company. He revived IBM as a tech industry leader.

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Speaker 5: That Gershner was chairman of the Carlisle Group, a private

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Speaker 5: equity firm based in Washington, before retiring in two thousand

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Speaker 5: and eight and expanding his family's philanthropic legacy. Gershner was

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Speaker 5: eighty three. Monica Rix Bloomberg Radio.

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Speaker 1: Copper has been surging this year as investors bet on

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Speaker 1: tighter global supplies in twenty twenty six with more here's

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Speaker 1: Bloomberg's thanis Pellegrini.

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Speaker 6: It's not just copper either, but copper is certainly a standout. Gold, silver,

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Speaker 6: and palladium all surging the record highs in a powerful

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Speaker 6: end of year rally that's really dominated global commodity markets.

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Speaker 6: Metals making big gains in December in a year where

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Speaker 6: trade dislocations, geopolitical uncertainties, and supply shocks combined to shake

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Speaker 6: up the entire industry. As for copper, on the demand side,

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Speaker 6: it is expected to be a major beneficiary of the

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Speaker 6: world's energy transition. Massive quantities of copper are required to

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Speaker 6: build out power grids, new energy infrastructure, and manufacturing, and

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Speaker 6: to feed the growing power needs of the artificial intelligence industry.

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Speaker 6: In New York, Denise Pelgrine, Blom.

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Speaker 1: Radio, Avatar, Fire and Ash dominated ticket sales, collecting eighty

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Speaker 1: eight million dollars over the four day Christmas to Sunday

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Speaker 1: period and sixty four million dollars on the weekend. You

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Speaker 1: Cannot Live like this Baby in Hate and Marty Supreme

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Speaker 1: was a smash success for a twenty four.

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Speaker 6: Let me ask you something. Do you make money at

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Speaker 6: this little table tennis thing?

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Speaker 4: Not yet?

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Speaker 3: Do you have a job No.

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Speaker 1: Marty Supreme collected twenty seven point one million dollars over

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Speaker 1: the four day weekend. And that's news when you want

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Speaker 1: it with Bloomberg News now, I'm Charlie Pellatan. This is

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Speaker 1: Bloomberg