$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(1034)

Brazil’s Currency Plunges, EU Damage Control, Money In Every Mile

Brazil’s Currency Plunges, EU Damage Control, Money In Every Mile

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Donald Trump’s threat to impose 50% tariffs on Brazilian goods sent the country’s currency plunging as the...

10 Jul 202519min

Turmoil in Copper Markets, Airbus Wins As Ferrari Loses, 10 Firms To Watch

Turmoil in Copper Markets, Airbus Wins As Ferrari Loses, 10 Firms To Watch

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump sowed fresh chaos in metals markets with news of a higher-than-expected 50% tari...

9 Jul 202520min

Tariff Deadline ‘Not 100% Firm’, UK To Ban NDAs, Schroder Family Defining Moment

Tariff Deadline ‘Not 100% Firm’, UK To Ban NDAs, Schroder Family Defining Moment

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tar...

8 Jul 202519min

Trump Threatens 10% BRICS Tariff , OPEC+ Oil Supply Surge, Business Sours On Labour

Trump Threatens 10% BRICS Tariff , OPEC+ Oil Supply Surge, Business Sours On Labour

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with ...

7 Jul 202518min

Daybreak Weekend: Summer Travel, Jamie Dimon, China Data

Daybreak Weekend: Summer Travel, Jamie Dimon, China Data

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to Delta earnings and a summer travel outlook. In the UK ...

5 Jul 202538min

10%-70% US Tariffs, China-EU Trade Strain, Golf's Uneven Game

10%-70% US Tariffs, China-EU Trade Strain, Golf's Uneven Game

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump said that his administration will start sending out letters to trading partners ...

4 Jul 202520min

Reeves' Tears & Market Fears, FX ‘Weaponization', £133M Divorce Ramifications

Reeves' Tears & Market Fears, FX ‘Weaponization', £133M Divorce Ramifications

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK Prime Minister Keir Starmer said Rachel Reeves will stay on as Chancellor of the Exchequer, as he sought...

3 Jul 202518min

Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

Starmer’s Costly U-Turn, Astra's UK Listing Risk, Trump Bill Rebellion Brews

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Keir Starmer dramatically abandoned his flagship welfare reforms to avoid a historic defeat, leaving the U...

2 Jul 202521min

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