$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(1031)

US Pursues Third Tanker, 'Constructive' Talks, London's New Robotaxis

US Pursues Third Tanker, 'Constructive' Talks, London's New Robotaxis

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The US’s pursuit of a third oil tanker off the coast of Venezuela has intensified a blockade that the Trump ...

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Daybreak Weekend: US GDP, UK Politics, China Eco

Daybreak Weekend: US GDP, UK Politics, China Eco

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S GDP data and a tech outlook for 2026. In the...

19 Des 202539min

EU's €90B Ukraine Loan, Shooting Suspect Found Dead, Why €23B Empire Fell

EU's €90B Ukraine Loan, Shooting Suspect Found Dead, Why €23B Empire Fell

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) European Union leaders reached an agreement to loan Ukraine €90 billion ($106 billion) for the next two ye...

19 Des 202522min

Bonus Interview: EU's Kallas Warns 'Putin Is Banking on Us To Fail'

Bonus Interview: EU's Kallas Warns 'Putin Is Banking on Us To Fail'

The EU's foreign policy chief Kaja Kallas says it's a "crucial" moment for Ukraine's future, as European leaders meet in Brussels to decide on how to financially support Kyiv. "Putin is banking on us ...

18 Des 20257min

BOE Set For Rate Cut, First Female BP CEO, Private Credit's Backdoor

BOE Set For Rate Cut, First Female BP CEO, Private Credit's Backdoor

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift aw...

18 Des 202516min

US-EU Digital Tax Threat, Venezuela Tanker Blockade, Kushner's Balkan Dreams

US-EU Digital Tax Threat, Venezuela Tanker Blockade, Kushner's Balkan Dreams

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Trump administration threatened retaliation against the European Union in response to efforts to tax Ame...

17 Des 202516min

Saudi Wealth Unveiled, Trump Sues BBC for $10B, Luxury Home Woes

Saudi Wealth Unveiled, Trump Sues BBC for $10B, Luxury Home Woes

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Olayan Group, a Saudi empire led by sisters Lubna and Hutham Olayan, has grown in influence, with a near...

16 Des 202518min

Bondi Beach Massacre, Meloni's Europe Warning, Private Equity Shakeup

Bondi Beach Massacre, Meloni's Europe Warning, Private Equity Shakeup

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) At around 6:47 p.m., as the sun began to fade on a warm Sunday afternoon at Sydney’s iconic Bondi Beach, the...

15 Des 202517min

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