$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(1039)

Israel Plans Iran Attack, China Cuts Lending Rates, and Hedge Funds are Betting Against the Green Transition

Israel Plans Iran Attack, China Cuts Lending Rates, and Hedge Funds are Betting Against the Green Transition

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A day after a Hezbollah drone penetrated Israel’s air defenses and exploded next to the private home of Prim...

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Daybreak Weekend: Boeing Earnings, UK Banks, BRICS Summit

Daybreak Weekend: Boeing Earnings, UK Banks, BRICS Summit

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 Boeing and UPS earnings. In the UK – a look ahead to UK ba...

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Hamas Leader Killed, Wall Street Traders 'Misled' & Black City Workers Voice Concerns

Hamas Leader Killed, Wall Street Traders 'Misled' & Black City Workers Voice Concerns

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Israeli soldiers killed Hamas leader Yahya Sinwar, the architect of the Oct. 7 attack, in a death that leave...

18 Okt 202426min

Market ‘Convinced’ Of Trump Win Says Druckenmiller, China Headwinds & Italian Wine's Expensive Hangover

Market ‘Convinced’ Of Trump Win Says Druckenmiller, China Headwinds & Italian Wine's Expensive Hangover

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Billionaire investor Stan Druckenmiller said markets are pricing in a Donald Trump victory ahead of next mon...

17 Okt 202415min

UPDATE: UK Inflation Below 2%, $420B Chip Stocks Drop & Trump Defends 'Beautiful' Tariffs

UPDATE: UK Inflation Below 2%, $420B Chip Stocks Drop & Trump Defends 'Beautiful' Tariffs

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK inflation slipped below the Bank of England’s 2% target for the first time in more than three years, sp...

16 Okt 202416min

Chip Stocks Shed $420 billion, Trump Defends Tariffs & Reeves Budget Hunt

Chip Stocks Shed $420 billion, Trump Defends Tariffs & Reeves Budget Hunt

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) ASML shares plunged the most in 26 years after it booked only about half the orders analysts expected, a sta...

16 Okt 202415min

US Weighs Nvidia Overseas Sales Caps, Starmer's Wealth Creator Pitch &  US Bank Earnings

US Weighs Nvidia Overseas Sales Caps, Starmer's Wealth Creator Pitch & US Bank Earnings

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and oth...

15 Okt 202413min

China's 'Unconvincing' Finance Briefing, Starmer's Investor Pitch & TSMC's European Expansion

China's 'Unconvincing' Finance Briefing, Starmer's Investor Pitch & TSMC's European Expansion

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) China’s highly anticipated Finance Ministry briefing on Saturday lacked the firepower that equity investors ...

14 Okt 202415min

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