Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week.

• In the US – a look ahead to the next Fed decision and earnings from FedEx.
• In the UK – a look ahead to President Trump’s visit to the UK.
• In Asia – a look ahead to the next monetary policy decision from the Bank of Japan and what’s next after its ruling Liberal Democratic Party Shigeru Ishiba resigned.

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The UK's Prime Minister is facing growing questions over what he knew about Peter Mandelson's relationship with Jeffery Epstein when he appointed him as Ambassador to the US. Keir Starmer fired him after Bloomberg published a series of emails between Mandelson and the convicted paedophile.

The departure comes at a difficult time for the British government as it prepares to host a state visit for US President Donald Trump who continues to face questions about his relationship with Epstein. In this Special episode of the Daybreak Europe podcast our finance reporter Harry Wilson takes us behind the scenes of the Bloomberg scoop. He tells us what the emails reveal alongside our political correspondent Ellen Milligan who will be covering President Trump's upcoming State Visit.

Hosted by Stephen Carroll and Caroline Hepker

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Your morning briefing, the business news you need in just 15 minutes.

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

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