$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(1041)

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

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

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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

Nvidia Surges, Goldman Woes & Billion Dollar Railway Bet

Nvidia Surges, Goldman Woes & Billion Dollar Railway Bet

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: Nvidia surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a s...

22 Feb 202420min

Nukes In Space, Ukraine Fears & HSBC Profits Drop 80%

Nukes In Space, Ukraine Fears & HSBC Profits Drop 80%

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1)  The US has told allies that Russia could deploy a nuclear weapon or a mock warhead into space as early as ...

21 Feb 202419min

UPDATE: Barclays Cuts Costs, China Markets Shrug & Cyber Gang Hacked

UPDATE: Barclays Cuts Costs, China Markets Shrug & Cyber Gang Hacked

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Barclays says it will go on a major cost-cutting drive as part of efforts to boost returns above 12% in the...

20 Feb 202416min

Rothschild Bank Clans Do Battle, Cyber Gang Disrupted & A Cheap EV Crisis

Rothschild Bank Clans Do Battle, Cyber Gang Disrupted & A Cheap EV Crisis

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) After decades of occupying different business areas, the last two remaining banks with links to the storie...

20 Feb 202417min

BoE Cuts Call Exclusive & Thomas Heatherwick On Social Housing

BoE Cuts Call Exclusive & Thomas Heatherwick On Social Housing

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The Bank of England risks deepening the UK's recession if it doesn't pivot to interest rate cuts soon, its...

19 Feb 202422min

Daybreak Weekend: Nvidia Earnings, Fed Minutes, Fashion Week

Daybreak Weekend: Nvidia Earnings, Fed Minutes, Fashion Week

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 - we look ahead to Nvidia earnings and minutes from the Fed In the UK - w...

17 Feb 202439min

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