$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)

Bloomberg Daybreak Weekend: New Home Sales, Retail Preview

Bloomberg Daybreak Weekend: New Home Sales, Retail Preview

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 new home sales and retail outlook. In the UK – a look at w...

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Trump-Musk Plan Fails, US Shutdown Looms & Why Firms Aren't Listing

Trump-Musk Plan Fails, US Shutdown Looms & Why Firms Aren't Listing

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Republican-led House rejected a temporary funding plan backed by President-elect Donald Trump on Thursda...

20 Des 202421min

Powell Gets Tough On Cuts, Stocks Sink, BOE Preview & Europe Sleepwalks Into War

Powell Gets Tough On Cuts, Stocks Sink, BOE Preview & Europe Sleepwalks Into War

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in ...

19 Des 202419min

Japan's Carmakers Mull a Merger, Fed Day & The Costs of Going Green Fast

Japan's Carmakers Mull a Merger, Fed Day & The Costs of Going Green Fast

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Honda and Nissan are exploring a merger, according to people familiar with the matter, that would create a s...

18 Des 202421min

UK Tax Hikes Spare FTSE Firms, Chinese Spy Named & Novo Nordisk’s Hiring Binge

UK Tax Hikes Spare FTSE Firms, Chinese Spy Named & Novo Nordisk’s Hiring Binge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The majority of Britain’s biggest listed companies will together account for less than 3% of the revenue ra...

17 Des 202416min

Germany No Confidence Vote, China Consumption Slows & Private Equity Profits From Most Vulnerable

Germany No Confidence Vote, China Consumption Slows & Private Equity Profits From Most Vulnerable

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Germany's Chancellor Olaf Scholz will submit to a parliamentary vote of confidence today, which he intends ...

16 Des 202416min

Daybreak Weekend: Fed Preview, BOE Decision, China Data

Daybreak Weekend: Fed Preview, BOE Decision, China Data

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 Nike. In the UK...

14 Des 202438min

France's Next Prime Minister, ECB's Rate Path & Klarna's AI Hiring Freeze

France's Next Prime Minister, ECB's Rate Path & Klarna's AI Hiring Freeze

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron will name a new prime minister this morning via a statement, his office sai...

13 Des 202415min

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