$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(1042)

'Massive' Sabotage Acts Hit Paris Trains Ahead of Olympics & NatWest Stake Sale Exclusive

'Massive' Sabotage Acts Hit Paris Trains Ahead of Olympics & NatWest Stake Sale Exclusive

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Trains to and from Paris, including the international Eurostar service, were hit by what authorities called...

26 Jul 202424min

Fed Cut Debate Rages, Natwest Stake Sale Exclusive & Paris Olympics Begins

Fed Cut Debate Rages, Natwest Stake Sale Exclusive & Paris Olympics Begins

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) wagers on aggressive easing by the Fed have been rising in recent days amid debate over whether the centra...

26 Jul 202416min

Biden Talks ‘Younger Voices’, $1 Trillion AI Tailspin & An Earnings Bonanza

Biden Talks ‘Younger Voices’, $1 Trillion AI Tailspin & An Earnings Bonanza

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:(1) President Joe Biden framed his momentous decision to drop out of the 2024 race as a bid to unify the natio...

25 Jul 202416min

Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Deutsche Bank Shares Tumble, Euro-Zone Standstill & Tesla Underwhelms Once Again

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Deutsche Bank said it will most likely refrain from conducting a second share buyback this year, after suf...

24 Jul 202416min

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Tesla Underwhelms Once Again, Harris' First Rally & Starmer Suspends MPs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla reported its fourth straight quarter of disappointing profits on Tuesday, and Chief Executive Officer ...

24 Jul 202416min

Kamala Harris  Seals Status As Presumptive Democrat Nominee

Kamala Harris Seals Status As Presumptive Democrat Nominee

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Kamala Harris has more than enough pledged delegates to clinch the Democratic presidential nomination, fol...

23 Jul 202415min

Biden Exits Presidential Race And Endorses Harris As Donations Surge

Biden Exits Presidential Race And Endorses Harris As Donations Surge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US President Joe Biden abandoned his reelection bid, bowing to relentless pressure from Democrats to drop ou...

22 Jul 202422min

Daybreak Weekend: Tesla Earnings, Paris Olympics, U.S Election

Daybreak Weekend: Tesla Earnings, Paris Olympics, U.S Election

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 ahead to U.S GDP and Core PCE data, and a preview of Tesla earni...

20 Jul 202438min

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