$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(1034)

EU to Accept 10% US Tariff,  Starmer’s Crunch Vote, US Treasury Hacks Exclusive

EU to Accept 10% US Tariff, Starmer’s Crunch Vote, US Treasury Hacks Exclusive

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The European Union is willing to accept a trade arrangement with the US that includes a 10% universal tarif...

1 Jul 202516min

US-UK Trade Deal Begins, Trump Tax Bill, Europe's World-Beating Rally

US-UK Trade Deal Begins, Trump Tax Bill, Europe's World-Beating Rally

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the Whi...

30 Jun 202519min

Daybreak Weekend: Jobs Preview, France Conference, China-Iran Relations

Daybreak Weekend: Jobs Preview, France Conference, China-Iran Relations

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 the June jobs report and commodities outlook. In the UK...

27 Jun 202539min

G-7 Deal Kills Section 899, US-China Trade Truce, Trump Fuels UK Uni Interest

G-7 Deal Kills Section 899, US-China Trade Truce, Trump Fuels UK Uni Interest

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US Treasury Department announced a deal with G-7 allies that will exclude American companies from some...

27 Jun 202519min

Europe Arms As Trump Cheers, Fed Succession, The City Wants More

Europe Arms As Trump Cheers, Fed Succession, The City Wants More

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) NATO leaders agreed to increase defense spending to 5% of GDP and renewed their “ironclad commitment” to mut...

26 Jun 202517min

US: Strikes Didn’t Destroy Iran’s Nuclear Program, EU Tariff Threat, UK's China Imports Jump

US: Strikes Didn’t Destroy Iran’s Nuclear Program, EU Tariff Threat, UK's China Imports Jump

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) American airstrikes had only a limited impact on Iran’s nuclear program, according to early US intelligence...

25 Jun 202521min

Trump Announces Fragile Israel-Iran Ceasefire, 5% UK Defense Spending

Trump Announces Fragile Israel-Iran Ceasefire, 5% UK Defense Spending

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Iran and Israel appeared to be nearing a pause in their 12-day war after President Donald Trump announced ...

24 Jun 202529min

World Awaits Iran’s Response, US Strike Damage Unclear, Oil Price Tops $80

World Awaits Iran’s Response, US Strike Damage Unclear, Oil Price Tops $80

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The unprecedented US airstrikes on Iran have set traders and governments worldwide on edge, as the Islamic...

23 Jun 202526min

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