$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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Episoder(1033)

Private Credit Fears, All Eyes On Powell, Germans Embrace Stocks

Private Credit Fears, All Eyes On Powell, Germans Embrace Stocks

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Warnings on defaults are starting to pile up in the $1.7 trillion private credit market, prompting at leas...

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Fed's Cook Won't Be 'Bullied', Possible UK Home Tax, Vape Ban Failings 

Fed's Cook Won't Be 'Bullied', Possible UK Home Tax, Vape Ban Failings 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Governor Lisa Cook signaled her intention to remain at the central bank, defying calls for...

21 Aug 202517min

Record Rally Splutters, High Cost Of Firing CEOs, European Overtourism

Record Rally Splutters, High Cost Of Firing CEOs, European Overtourism

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Global stocks paused after a record-breaking run, with a sharp selloff in heavyweight technology shares dr...

20 Aug 202520min

Putin-Zelenskiy Possible Meet, UK Yield Tops Truss High, Desert Ski Resort Woes

Putin-Zelenskiy Possible Meet, UK Yield Tops Truss High, Desert Ski Resort Woes

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump called Vladimir Putin and urged the Russian leader to begin making plans for a s...

19 Aug 202517min

Allies To Plead With Trump, FTSE CEO Pay Record, Apollo’s Wizardry

Allies To Plead With Trump, FTSE CEO Pay Record, Apollo’s Wizardry

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Ukrainian President Volodymyr Zelenskiy and his European allies arrive in Washington on Monday anxious to ...

18 Aug 202522min

Daybreak Weekend: Retail Earnings, European Banking, Japan Eco

Daybreak Weekend: Retail Earnings, European Banking, Japan Eco

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to housing data and retail earnings. In the UK – a loo...

15 Aug 202538min

Putin-Trump Alaska Meeting, London Job Losses, Football's Private-Debt Boom

Putin-Trump Alaska Meeting, London Job Losses, Football's Private-Debt Boom

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian President Vladimir Putin sought to strengthen his rapport with Donald Trump ahead of their summit,...

15 Aug 202516min

Bond Rally Extends, Trump Delivers Putin Warning, Orban’s Grip Slipping

Bond Rally Extends, Trump Delivers Putin Warning, Orban’s Grip Slipping

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US Treasuries held onto gains after traders boosted bets that the Federal Reserve will cut interest rates ...

14 Aug 202516min

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