$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(1039)

The Struggle for Reliable US Economy Data, Lagarde's Headache, & Europe's Solar Panels Get Hacked

The Struggle for Reliable US Economy Data, Lagarde's Headache, & Europe's Solar Panels Get Hacked

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate...

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UK IPO Market Now Trails Oman, Possible Oil Sanctions & Surprising Resilience Vs Trump Surprises

UK IPO Market Now Trails Oman, Possible Oil Sanctions & Surprising Resilience Vs Trump Surprises

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) London's IPO market has declined 9% this year, with only $1 billion raised, pushing the UK to 20th place in ...

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Women Driving Outperformance, Syria's Rebel Government & CEO Shooting Suspect Charged

Women Driving Outperformance, Syria's Rebel Government & CEO Shooting Suspect Charged

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Female representation in the boardroom almost tripled since 2010, with the most gender-diverse companies de...

10 Des 202415min

Israeli Troops Cross Into Syria, Assad Flees To Moscow & US Strikes ISIS Targets

Israeli Troops Cross Into Syria, Assad Flees To Moscow & US Strikes ISIS Targets

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Israeli ground forces have crossed into Syria for the first time in more than 50 years. According to the co...

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Daybreak Weekend: US CPI, ECB Meeting, RBA 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 look at U.S CPI data and a preview of Oracle earnings.•    In the ...

7 Des 202439min

Le Pen Exclusive, CEO Killing Bullets ‘Inscribed’, Russian Ransomware Targets

Le Pen Exclusive, CEO Killing Bullets ‘Inscribed’, Russian Ransomware Targets

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Emmanuel Macron said he will serve out the remainder of his presidential term as he seeks to quickly stymie ...

6 Des 202421min

France Plunges Deeper Into Crisis, CEO Shot Dead In NYC & Bitcoin Tops $100,000

France Plunges Deeper Into Crisis, CEO Shot Dead In NYC & Bitcoin Tops $100,000

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French President Emmanuel Macron is seeking a new prime minister after a no-confidence motion against his go...

5 Des 202415min

Macron's Plea, South Korea Chaos & London's Shrinking Stock Market

Macron's Plea, South Korea Chaos & London's Shrinking Stock Market

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Emmanuel Macron called on French lawmakers to set aside their personal ambition and reject a vote ...

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