$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(1032)

UBS Reshuffles Leadership Team & The UK's Investment Headache

UBS Reshuffles Leadership Team & The UK's Investment Headache

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UBS announces a new leadership team and operating model. (2) Investors believe the UK will see the G7's bi...

9 Mai 202317min

Bloomberg Daybreak Weekend: CPI, BOE, Debt Ceiling, AI

Bloomberg Daybreak Weekend: CPI, BOE, Debt Ceiling, AI

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you next week including the coming US inflation data, what the Bank of England will do next, Preside...

6 Mai 202335min

Big Banks To Pay For Regional Lender Failures And Citi Pushes Ahead In Northern Ireland

Big Banks To Pay For Regional Lender Failures And Citi Pushes Ahead In Northern Ireland

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Too big to fail but not too big to pay, the FDIC gets set to tap large lenders for a top up. (2) US region...

5 Mai 202324min

US Regional Bank Problem Not Over And Powell Hints At A Pause

US Regional Bank Problem Not Over And Powell Hints At A Pause

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US lender PacWest confirms Bloomberg's reporting that it's discussing options, including a possible sale. ...

4 Mai 202320min

US Regional Bank Shares Tumble & Carl Icahn's $10bn Hindenburg Headache

US Regional Bank Shares Tumble & Carl Icahn's $10bn Hindenburg Headache

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Smaller US lenders see values tumble as volatility halts trading. (2) Morgan Stanley and UBS say bonds are ...

3 Mai 202317min

Bumper HSBC Results & Job Cuts At Morgan Stanley

Bumper HSBC Results & Job Cuts At Morgan Stanley

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) HSBC announces a $2bn share buyback, special dividend and a tripling of pre-tax profits. (2) Morgan Stanle...

2 Mai 202317min

Bloomberg Daybreak Weekend: The Fed, The King, The President

Bloomberg Daybreak Weekend: The Fed, The King, The President

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 a preview of the Fed decision, a look at the coronation in the UK a...

29 Apr 202335min

The BOJ's New Path And Activision's CEO Says UK Decision Is 'Irrational'

The BOJ's New Path And Activision's CEO Says UK Decision Is 'Irrational'

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The BOJ's new governor scraps forward guidance on rates and plans a review of monetary policy. (2) Amazon ...

28 Apr 202317min

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