$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.

Podcast Conversation: From New York to London, There's Now a Martini on Every Menu

Here's Why Outer Space Is the Next Frontier For Data Centers

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Daybreak Weekend: Disney Earnings, Portugal Web Summit, China Singles’ Day

Daybreak Weekend: Disney Earnings, Portugal Web Summit, China Singles’ Day

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Musk's $1 Trillion Pay Deal, No AI Bailout Says Altman, Private Schools Chase Cash

Musk's $1 Trillion Pay Deal, No AI Bailout Says Altman, Private Schools Chase Cash

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla shareholders have approved a $1 trillion compensation package for Chief Executive Officer Elon Musk, t...

7 Nov 202519min

BOE Set To Hold Rates, US Court Questions Tariffs, EU Rethinks ESG Rules

BOE Set To Hold Rates, US Court Questions Tariffs, EU Rethinks ESG Rules

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Bank of England will likely keep interest rates unchanged today at 4% in what is expected to be a closel...

6 Nov 202528min

Mamdani New NYC Mayor, $500 Billion Chip Selloff, AstraZeneca CEO’s Big Bet

Mamdani New NYC Mayor, $500 Billion Chip Selloff, AstraZeneca CEO’s Big Bet

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Zohran Mamdani was elected the 111th mayor of New York in a historic victory that will put an avowed democra...

5 Nov 202516min

BONUS EPISODE: Reeves Paves Way for Tax Hikes In Pre-Budget Speech

BONUS EPISODE: Reeves Paves Way for Tax Hikes In Pre-Budget Speech

Chancellor of the Exchequer Rachel Reeves declined to reiterate Labour’s manifesto commitment against broad-based tax hikes, as she made an unusual appeal to the British public to support her upcoming...

4 Nov 202518min

CEOs Predict Market Drop, 'Tough But Fair’ Budget, EU Climate Showdown

CEOs Predict Market Drop, 'Tough But Fair’ Budget, EU Climate Showdown

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The current environment for large mergers and acquisitions is quite “constructive” for 2026 and 2027, partic...

4 Nov 202521min

Oil Rises On Output Shift, Reeves Targets UK Rich, China's Massive Iron Mine

Oil Rises On Output Shift, Reeves Targets UK Rich, China's Massive Iron Mine

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026...

3 Nov 202516min

Earnings Season Rolls On, Bank of England Rate Decision, Chinese Economic Data

Earnings Season Rolls On, Bank of England Rate Decision, Chinese Economic Data

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week In the US – a look at how earnings are impacting global markets In the UK – w...

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