$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(1031)

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SVB Races to Prevent A Bank Run As Fund Giants Advise Pulling Cash

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Powell's Dovish Pirouette And Banking $400K As A Rookie Trader

Powell's Dovish Pirouette And Banking $400K As A Rookie Trader

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Chair Powell softens his tone on the size of a March rate hike. (2) BOE policy maker Swati Dhingra ...

9 Mar 202317min

Powell's Hawkish Hint And More Money DOES Make You Happier

Powell's Hawkish Hint And More Money DOES Make You Happier

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Five weeks after the Federal Reserve slowed the rate of hikes -- Powell hints at a re-acceleration. (2) The $7 tril...

8 Mar 202319min

JP Morgan's CEO Speaks To Bloomberg And TikTok On Borrowed Time

JP Morgan's CEO Speaks To Bloomberg And TikTok On Borrowed Time

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) JP Morgan CEO Jamie Dimon tells Bloomberg a soft landing is possible, but warns of risks from Ukraine & China. (2) ...

7 Mar 202317min

Growing Pains For China And An Exit From Credit Suisse

Growing Pains For China And An Exit From Credit Suisse

Your morning briefing. The news you need in just 15 minutes.On today's podcast: (1) China's 5% growth target offer's little relief for the global economy. (2) Harris Associates reportedly sell their e...

6 Mar 202316min

Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak Weekend: Economy, Budget, Xi

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 Fed Chair Jay Powell's Capitol Hill testimony and the Friday jobs r...

4 Mar 202335min

Listless London And Citigroup Job Cuts

Listless London And Citigroup Job Cuts

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Top firms opt for New York's deep pockets as the UK government insists all is well. (2) Former rate setter Michael ...

3 Mar 202317min

Arm Rules Out A UK Listing For Now And Musk's Master Plan Disappoints

Arm Rules Out A UK Listing For Now And Musk's Master Plan Disappoints

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Arm rules out a UK listing for now deals a blow to UK politicians. (2) Fed and ECB rates look to be headed higher B...

2 Mar 202317min

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