$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

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Episoder(1039)

‘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...

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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

Fire Closes Heathrow Airport, EU's Ukraine Plan Falters, and A Gunpowder Shortage

Fire Closes Heathrow Airport, EU's Ukraine Plan Falters, and A Gunpowder Shortage

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) London’s Heathrow airport will close all day Friday after a nearby fire caused a major power outage, throwin...

21 Mar 202517min

Powell Talks Transitory Risks, Tariffs  'China Shock' & Inheritance Tax Tactics

Powell Talks Transitory Risks, Tariffs 'China Shock' & Inheritance Tax Tactics

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) For weeks the US economic picture has been darkening. If Wednesday was an opportunity for Federal Reserve ...

20 Mar 202516min

Trump-Putin Call Confusion, Morgan Stanley Job Cuts & Has Paris Peaked?

Trump-Putin Call Confusion, Morgan Stanley Job Cuts & Has Paris Peaked?

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Vladimir Putin refused to give Donald Trump the 30-day ceasefire in Ukraine he and his team had d...

19 Mar 202516min

UK Debt Pledge, Gaza Ceasefire Shattered & Stranded Astronauts Fly Home

UK Debt Pledge, Gaza Ceasefire Shattered & Stranded Astronauts Fly Home

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rachel Reeves has defended her fiscal rules and pledged to bring down government borrowing, as the UK Chanc...

18 Mar 202515min

Trump-Putin Ceasefire Talks, 'Corrections Are Healthy' & DEI By Stealth

Trump-Putin Ceasefire Talks, 'Corrections Are Healthy' & DEI By Stealth

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he’ll speak with Russian President Vladimir Putin on Tuesday, as the US continue...

17 Mar 202515min

Daybreak Weekend: Fed Preview, MS Conference, Tencent Earnings

Daybreak Weekend: Fed Preview, MS Conference, Tencent 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 next week’s Fed decision and earnings from FedEx. In the U...

15 Mar 202537min

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