$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)

Trump's 50% Metal Tariffs, Musk Blasts US Tax Bill, British Defence Exclusive 

Trump's 50% Metal Tariffs, Musk Blasts US Tax Bill, British Defence Exclusive 

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump has raised steel and aluminum tariffs to 50% from 25%, following through on a pledg...

4 Jun 202525min

Can The UK Regain Its Military Power?  A Defense & Security Podcast Special

Can The UK Regain Its Military Power? A Defense & Security Podcast Special

As fighting in Ukraine drags on and Donald Trump demands that Europe take greater responsibility for its own security, the UK is confronting the hard reality of rebuilding its military strength. The c...

4 Jun 202529min

OECD Slashes Growth, Dutch Government Falls, KKR Quits Thames Bid

OECD Slashes Growth, Dutch Government Falls, KKR Quits Thames Bid

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the...

3 Jun 202517min

Trade Pacts Prove Elusive, Treasuries Testing 5%, Temu & Shein Eye Europe

Trade Pacts Prove Elusive, Treasuries Testing 5%, Temu & Shein Eye Europe

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US President Donald Trump is eager to land more trade deals, but talks with China and Europe continue to l...

3 Jun 202521min

Ukraine’s Audacious Strike, US Flamethrower Attack, China-US Deal Fractures

Ukraine’s Audacious Strike, US Flamethrower Attack, China-US Deal Fractures

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Ukraine staged a dramatic series of strikes across Russia, deploying drones hidden in trucks deep inside t...

2 Jun 202520min

Daybreak Weekend: US Jobs, ECB Decision, Vietnam Eco

Daybreak Weekend: US Jobs, ECB Decision, Vietnam Eco

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 U.S jobs report. In the UK – a look ahead to the EC...

30 Mai 202539min

Tariff Whiplash Hits Stocks, Bailey’s UK-EU Trade Pitch, What Is Section 899?

Tariff Whiplash Hits Stocks, Bailey’s UK-EU Trade Pitch, What Is Section 899?

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) A federal appeals court offered President Donald Trump a temporary reprieve from a ruling threatening to t...

30 Mai 202516min

Trump Global Tariffs Blocked, Musk Leaves DOGE, Nvidia's Upbeat Results

Trump Global Tariffs Blocked, Musk Leaves DOGE, Nvidia's Upbeat Results

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US tra...

29 Mai 202519min

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