$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(1037)

Daybreak Weekend: US Jobs Preview, NATO, RBA's Rate Decision

Daybreak Weekend: US Jobs Preview, NATO, RBA's Rate Decision

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 preview of US March jobs and a look at the potential impact of aut...

29 Mar 202537min

Ukraine Investment Control, $1 Trillion In Cuts & University Debt Fears

Ukraine Investment Control, $1 Trillion In Cuts & University Debt Fears

On today's podcast:(1) The US is pushing to control all major future infrastructure and mineral investments in Ukraine, potentially gaining a veto over any role for Kyiv’s other allies and undermining...

28 Mar 202517min

BONUS EPISODE: Trump Auto Tariffs Spur Market & Political Response

BONUS EPISODE: Trump Auto Tariffs Spur Market & Political Response

President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, which will come into effect on April 3, initially targeting fully assembled vehicles. Trump also suggested furth...

27 Mar 202516min

25% US Auto Tariffs, EU Expects Double-Digit Levies & UK Tax Hike Risk

25% US Auto Tariffs, EU Expects Double-Digit Levies & UK Tax Hike Risk

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, expanding a trade w...

27 Mar 202516min

Major UK Spending Cuts, Black Sea Truce & UBS Vs Swiss Regulator

Major UK Spending Cuts, Black Sea Truce & UBS Vs Swiss Regulator

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves will blame global economic headwinds as she slashes UK government ...

26 Mar 202520min

Trump Cabinet Messaging Breach, 'European Freeloading' & New Tariffs Teased

Trump Cabinet Messaging Breach, 'European Freeloading' & New Tariffs Teased

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Atlantic’s top editor said he was added to a text group in which top US officials discussed detailed pla...

25 Mar 202519min

‘Targeted’ Tariffs Drive Stocks, Turkey Turmoil & Crunch Week For Reeves

‘Targeted’ Tariffs Drive Stocks, Turkey Turmoil & Crunch Week For Reeves

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US and European stock-index futures climbed on signs that the next round of President Donald Trump’s tariffs...

24 Mar 202516min

Daybreak Weekend: CPI Preview, Reeves Statement, BYD Earnings

Daybreak Weekend: CPI Preview, Reeves Statement, BYD 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 preview of U.S CPI and PCE data, along with a look at the impact of t...

21 Mar 202538min

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