$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(1039)

Is There A Bullish Case For Britain?

Is There A Bullish Case For Britain?

The UK’s reputation as a global investment destination hit rock bottom last April, when Microsoft President Brad Smith said The European Union was a more attractive place to start a business.Yet 10 mo...

1 Mar 202441min

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Galloway Wins In Rochdale, China Economy & Sticky Inflation

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Left-wing disrupter George Galloway won a seat in the UK Parliament in a special election that underscored...

1 Mar 202416min

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Focus On Trump Grows & UK Weighs Ending Non-Dom Tax Status

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Supreme Court’s decision to take up Donald Trump’s bid for immunity from criminal prosecution raises th...

29 Feb 202416min

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Wall Street Says Paris Je T'aime & Apple Scraps Its Electric Car

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Wall Street's biggest banks have seen staffing levels surge in Paris despite the fact that many of those f...

28 Feb 202422min

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

NATO Enlargement, China Share Purchases & Soaring Chocolate Prices

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Sweden has cleared the final obstacle to gaining NATO membership in a move that will solidify the alliance...

27 Feb 202416min

Hedge Fund Strategy Warning & Geopolitical Headwinds

Hedge Fund Strategy Warning & Geopolitical Headwinds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) As the best hedge fund strategy of 2023 becomes a magnet for mainstream investors, the risk models it relie...

26 Feb 202416min

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu Earnings

Daybreak Weekend: Fresh Data, Mobile World Congress, Baidu 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 - Lowes earnings and fresh economic data In the UK - Its the Mobile World...

24 Feb 202438min

Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, bestin...

23 Feb 202416min

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