$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration.

(2) Documents released by the US Department of Justice appear to show that Britain’s Peter Mandelson leaked sensitive government information to disgraced financier Jeffrey Epstein while serving as a minister.

(3) France’s parliament adopted a budget for 2026 after Prime Minister Sebastien Lecornu survived two no-confidence votes Monday, bringing the curtain down on months of political upheaval that’s rattled investor confidence in the country.

(4) The UK government is increasingly concerned that more protectionist policies pursued by the European Union could exclude British companies from supply chains in key sectors, derailing a reset in post-Brexit relations and potentially costing firms billions of pounds.

(5) President Donald Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil, easing months of tension between the two countries.

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Episoder(1033)

US Treasury Yields Spike & UK May Roll Back EU's MiFID II Rules

US Treasury Yields Spike & UK May Roll Back EU's MiFID II Rules

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:  (1) US Treasury yields soar after stronger labor market data pushes US rates bets higher. (2) UBS's global we...

7 Jul 202316min

Fed Divisions & UK Asset Managers Accused Of Risky Business

Fed Divisions & UK Asset Managers Accused Of Risky Business

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fed minutes reveal disagreement over the decision to pause in June. (2) The US Treasury Secretary, Janet Ye...

6 Jul 202316min

Why European Banks Are Worth Less Than US Rivals & Global Temperatures Hit Record High

Why European Banks Are Worth Less Than US Rivals & Global Temperatures Hit Record High

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Bloomberg Intelligence has crunched the numbers on why the share prices of European banks lag their Wall St...

5 Jul 202317min

Yield Curve Inversion & Fake Rolex Watches On The Rise

Yield Curve Inversion & Fake Rolex Watches On The Rise

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Morgan Stanley tells Bill Dudley he's wrong about the bond market as the yield curve inverts further. (2) T...

4 Jul 202320min

Apple Slashes Headset Production Forecast & Tesla's Electrifying  Sales

Apple Slashes Headset Production Forecast & Tesla's Electrifying Sales

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Reports from the Financial Times suggest Apple is slashing production forecasts for its mixed-reality heads...

3 Jul 202315min

Bloomberg Daybreak Weekend: Jobs, Fed, AI, Europe

Bloomberg Daybreak Weekend: Jobs, Fed, AI, Europe

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including the coming jobs report, big annual economic in the south of France,...

1 Jul 202335min

China Growth Worries & Goldman Loses M&A Top Spot

China Growth Worries & Goldman Loses M&A Top Spot

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China's growth momentum continues to slow as stimulus announcements fall flat. (2) The US is reportedly look...

30 Jun 202316min

London's Listing Rules Plan Attacked & Man United Takeover Overtime

London's Listing Rules Plan Attacked & Man United Takeover Overtime

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Pension funds attack plans to loosen London's listing rules as TheCityUK gets set for its annual conference....

29 Jun 202316min

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