$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(1042)

Daybreak Weekend: US Eco Preview, Iran Election, US-China Relations

Daybreak Weekend: US Eco Preview, Iran Election, US-China Relations

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, PCE data. In the UK – a look ahead to Iran’s P...

22 Jun 202438min

France's Finance Hub At Risk, BOE Revives Summer Cut Talk & Blackstone's Era of Property Risk

France's Finance Hub At Risk, BOE Revives Summer Cut Talk & Blackstone's Era of Property Risk

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) French President Emmanuel Macron spent much of his tenure persuading bankers and fund managers to flock to...

21 Jun 202415min

BOE Expected To Delay Cut, Inside Hedge Fund Talent Schools & AI To Replace Finance Jobs

BOE Expected To Delay Cut, Inside Hedge Fund Talent Schools & AI To Replace Finance Jobs

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) This may be one meeting where the Bank of England is thankful the decision has been made for them. Prime M...

20 Jun 202416min

Nvidia Now World’s Largest Company & UK Private School Fees Exclusive

Nvidia Now World’s Largest Company & UK Private School Fees Exclusive

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia’s relentless rally has propelled the semiconductor giant’s market capitalization over its mega-cap ...

19 Jun 202416min

Europe’s Security Fears, Labour Taps The City, & The Dirty Secret Behind EVs

Europe’s Security Fears, Labour Taps The City, & The Dirty Secret Behind EVs

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) France’s political turmoil is causing concern in some European Union capitals that initiatives like joint ...

18 Jun 202416min

French Far Right Strength & Bond Vigilantes Eye Europe's Elections

French Far Right Strength & Bond Vigilantes Eye Europe's Elections

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Far-right leader Marine Le Pen said she won't try to push out President Emmanuel Macron if she wins France'...

17 Jun 202413min

Daybreak Weekend: U.S Retail Sales, BOE Meeting, China Data Dump

Daybreak Weekend: U.S Retail Sales, BOE Meeting, China Data Dump

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 Retail Sales, and Housing data. In the UK – a previ...

15 Jun 202439min

French Bond Rout Deepens, Yen Falls After BOJ Meeting & Reform Overtakes Tories

French Bond Rout Deepens, Yen Falls After BOJ Meeting & Reform Overtakes Tories

Your morning briefing, the business news you need in just 15 minutes. On Today's Podcast: (1) The Bank of Japan is making investors wait until its July meeting for details on its paring of bond buying...

14 Jun 202417min

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