$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(1036)

Putin’s Trump Call Win, Britain’s Big EU Reset, Banks Bullish On Europe

Putin’s Trump Call Win, Britain’s Big EU Reset, Banks Bullish On Europe

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After two hours talking with Putin, Trump said on social media that Ukraine and Russia would “immediately ...

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UK-EU Reset Deal, 30-Year At 5%, Americans Moving Overseas

UK-EU Reset Deal, 30-Year At 5%, Americans Moving Overseas

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) UK and European Union negotiators worked into Sunday evening in a bid to reset post-Brexit relations under ...

19 Mai 202516min

EXCLUSIVE: How UK Visa Scams Squeeze Millions From Would-Be Care Workers

EXCLUSIVE: How UK Visa Scams Squeeze Millions From Would-Be Care Workers

We wanted to bring you an episode from another podcast we think you'd like. Here's a special episode from our UK Politics team.The UK is hugely dependent on overseas workers in the social-care sector,...

18 Mai 202513min

Daybreak Weekend: Home Sales Preview, Qatar Economic Forum, Baidu Earnings

Daybreak Weekend: Home Sales Preview, Qatar Economic Forum, Baidu Earnings

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 a look ahead to home sales data and earnings from Targe...

16 Mai 202535min

UK-EU Deal Divisions, European IPO Hopes, British Visa Scams Exclusive

UK-EU Deal Divisions, European IPO Hopes, British Visa Scams Exclusive

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Keir Starmer's plan to reset Britain's relationship with the EU has been met with challenges, particularly ...

16 Mai 202521min

Putin Possible No-Show, US ‘Truss Moment’ Call, Burberry’s Struggle

Putin Possible No-Show, US ‘Truss Moment’ Call, Burberry’s Struggle

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Russian President Vladimir Putin named a group of low-level officials to represent his government at talks...

15 Mai 202520min

Mideast AI Chips Frenzy, 5% Defense Spending, Milan’s ‘Svuota Londra’ Bet

Mideast AI Chips Frenzy, 5% Defense Spending, Milan’s ‘Svuota Londra’ Bet

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Trump administration is clearing a path for two key Persian Gulf allies to pursue their artificial int...

14 Mai 202519min

Funds Commit 5% To UK, Global Markets Soar, Starmer House Fire Probe

Funds Commit 5% To UK, Global Markets Soar, Starmer House Fire Probe

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK pension fund managers have agreed to invest at least 5% of their assets at home, marking a win for the L...

13 Mai 202517min

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