$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)

Biden's Bruising Day, UK Listings Overhaul & Toy Drones Rewrite War Economics

Biden's Bruising Day, UK Listings Overhaul & Toy Drones Rewrite War Economics

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Joe Biden faced mounting opposition within his own party Wednesday as a Senate Democrat joined a g...

11 Jul 202416min

Starmer on UK Missiles & NATO, Powell Flags Risks & NIMBY Building Costs

Starmer on UK Missiles & NATO, Powell Flags Risks & NIMBY Building Costs

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Keir Starmer signaled Ukraine can use Britain’s Storm Shadow missiles to strike military targets inside Russ...

10 Jul 202416min

White House Parkinson’s Doctor Questions, NATO’s Strength Doubts & French Bond Risks

White House Parkinson’s Doctor Questions, NATO’s Strength Doubts & French Bond Risks

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) President Joe Biden has not undergone any special neurological testing since his annual physical in Februar...

9 Jul 202414min

French Left Shock Victory, Labour’s Growth Plan & House Democrats Pressure Biden

French Left Shock Victory, Labour’s Growth Plan & House Democrats Pressure Biden

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A left-wing coalition is on course to win the most seats in France’s legislative election in a surprise blow...

8 Jul 202416min

Daybreak Weekend: Archegos, UK Election, China Eco Data

Daybreak Weekend: Archegos, UK Election, China Eco 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 – it's the start of earnings season and the Archegos trial goes to jury I...

6 Jul 202438min

Labour Wins UK Election Landslide as Sunak's Conservatives Collapse

Labour Wins UK Election Landslide as Sunak's Conservatives Collapse

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Keir Starmer's Labour Party won the UK general election and is on course for a huge parliamentary majority w...

5 Jul 202426min

Biden's Campaign Unravels, Zelenskiy’s Challenge To Trump & UK Votes

Biden's Campaign Unravels, Zelenskiy’s Challenge To Trump & UK Votes

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The drumbeat of pressure on Joe Biden to drop out of the US presidential race intensified Wednesday with a b...

4 Jul 202416min

UK Election Final Push, Biden Blames Jet Lag & US Stocks Break Records

UK Election Final Push, Biden Blames Jet Lag & US Stocks Break Records

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Boris Johnson made an unexpected campaign appearance on Tuesday night to urge Conservative voters to deny ...

3 Jul 202415min

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