$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(1039)

Putin Defense Changes & Europe's Gas Monopoly

Putin Defense Changes & Europe's Gas Monopoly

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Vladimir Putin replaced his long-serving defense minister with a trained economist in an unexpected change o...

13 Mai 202416min

Daybreak Weekend: US Inflation Data, Choose France Summit, China Tech Earnings

Daybreak Weekend: US Inflation Data, Choose France Summit, China Tech Earnings

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 U.S inflation data and earnings from Home Depot and Walmar...

11 Mai 202438min

UPDATE: The UK's Recession Is Over, Biden Weighs China Tariffs, & Netanyahu's Defiant Warning

UPDATE: The UK's Recession Is Over, Biden Weighs China Tariffs, & Netanyahu's Defiant Warning

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Britain bounced back strongly from a shallow recession, providing some relief for Prime Minister Rishi Sunak...

10 Mai 202416min

Biden Weighs China Tariffs, Netanyahu's Defiant Warning, & BOE's Market Consensus

Biden Weighs China Tariffs, Netanyahu's Defiant Warning, & BOE's Market Consensus

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as nex...

10 Mai 202416min

BOE Weighs Cut Timing, Apple's Succession Plan & Biden's Israel Warning

BOE Weighs Cut Timing, Apple's Succession Plan & Biden's Israel Warning

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bank of England Governor Andrew Bailey may deliver a lift to British consumers with a stronger signal on w...

9 Mai 202416min

US Pauses Israel Bomb Shipment, UK Military Hack & Huawei Chip Clampdown

US Pauses Israel Bomb Shipment, UK Military Hack & Huawei Chip Clampdown

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US paused a shipment of bombs to Israel over worries about Israel nearing a decision to launch a wide-...

8 Mai 202416min

Blowout UBS Results, Israel Rejects Hamas Cease-Fire & Job Change Unhappiness

Blowout UBS Results, Israel Rejects Hamas Cease-Fire & Job Change Unhappiness

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1)  UBS Group returned to profit after two loss-making quarters, with both wealth management and the investme...

7 Mai 202419min

Daybreak Weekend: Disney Earnings, BOE Meeting, Xi in Europe

Daybreak Weekend: Disney Earnings, BOE Meeting, Xi in Europe

loomberg 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 Apple’s latest product event and earnings from Walt Disney....

4 Mai 202438min

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