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On today's podcast:

(1) When Peter Mandelson was appointed the UK’s ambassador to the US in February, many in the British government predicted it would end in a scandal. Mandelson, a political operator once known as the “Prince of Darkness” for his capacity for political intrigue and spin, was fired by Prime Minister Keir Starmer on Thursday after Bloomberg published a series of emails between Mandelson and convicted pedophile Jeffrey Epstein, which cast new light on their relationship.

(2) The suspect in the killing of Charlie Kirk slipped behind a building, braced himself on the roof and swung off the edge, hitting the ground hard and leaving behind palm smudges and a single shoe print. He bolted across a patch of grass, cut through a parking lot and vanished into the trees.

(3) NATO is preparing a defensive military measures in response to the drone incursion in Poland to strengthen deterrence across the alliance’s eastern flank, according to a person familiar with the matter.

(4) OpenAI said it’s closer to converting into a more traditional for-profit company — nearing the resolution of painful negotiations with top shareholder Microsoft Corp. and outlining terms of at least $100 billion in equity for its nonprofit arm.

(5) European Central Bank policymakers are convinced that no further interest-rate cuts are needed to deliver 2% inflation, despite new economic projections pointing to an undershoot over the next two years, according to people familiar with their thinking.

Podcast Conversation: Photo-Editing Tools May Be AI’s Killer App: Catherine Thorbecke

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) When Peter Mandelson was appointed the UK&rsquo;s ambassador to the US in February, many in the British government predicted it would end in a scandal. Mandelson, a political operator once known as the &ldquo;Prince of Darkness&rdquo; for his capacity for political intrigue and spin, was fired by Prime Minister Keir Starmer on Thursday after Bloomberg published a series of emails between Mandelson and convicted pedophile Jeffrey Epstein, which cast new light on their relationship. (2) The suspect in the killing of Charlie Kirk slipped behind a building, braced himself on the roof and swung off the edge, hitting the ground hard and leaving behind palm smudges and a single shoe print. He bolted across a patch of grass, cut through a parking lot and vanished into the trees. (3) NATO is preparing a defensive military measures in response to the drone incursion in Poland to strengthen deterrence across the alliance&rsquo;s eastern flank, according to a person familiar with the matter. (4) OpenAI said it&rsquo;s closer to converting into a more traditional for-profit company &mdash; nearing the resolution of painful negotiations with top shareholder Microsoft Corp. and outlining terms of at least $100 billion in equity for its nonprofit arm. (5) European Central Bank policymakers are convinced that no further interest-rate cuts are needed to deliver 2% inflation, despite new economic projections pointing to an undershoot over the next two years, according to people familiar with their thinking. Podcast Conversation: <a href="https://www.bloomberg.com/opinion/articles/2025-09-11/ai-image-editors-could-be-the-killer-app-for-china-ai-firms" data-destination="https://www.bloomberg.com/opinion/articles/2025-09-11/ai-image-editors-could-be-the-killer-app-for-china-ai-firms">Photo-Editing Tools May Be AI&rsquo;s Killer App: Catherine Thorbecke</a>

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: Europe Edition

Mandelson-Epstein Fallout, Kirk Shooter Manhunt, Europe's IPO Push

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/340fad62-5903-44dd-9690-b356005f58ee/transcript

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