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Chapter 1: What is the main topic discussed in this episode?
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over Ā£10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
News when you want it with Bloomberg News Now. I'm Nathan Hager.
And I'm Karen Moscow.
Karen, we begin with a developing story out of the UK. The BBC is reporting Andrew Mountbatten-Windsor, the brother of King Charles, has been arrested on suspicion of misconduct in public office after further details of his relationship with convicted sex offender Jeffrey Epstein. Thames Valley police have released a statement saying they have arrested a man in his 60s
They say they will not be naming him as per national guidance. We get more from Bloomberg's Tiwa Adebayo in London.
It's an unprecedented development here. You have to look back to medieval times in the UK. For the last time, a member of the royal family was formally arrested in this manner. Of course, Mr Mountbatten-Windsor has had all of his formal titles removed.
It comes after really mounting pressure on the royal family and the country to engage Mr Mountbatten-Windsor to cooperate with authorities investigating those crimes committed by disgraced financier Jeffrey Epstein.
Bloomberg's Tua Adebayo reports the former Prince Andrew has consistently and strenuously denied any wrongdoing.
And there's more fallout in the U.S. from the Epstein files. Nathan, billionaire retail mogul Les Wexner testified behind closed doors about his relationship with the late sex offender to Democrats on the House Oversight Committee. The former CEO of L Brand said he visited Epstein's private island once with his wife and children, but was unaware of any sex trafficking operation.
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Chapter 2: What led to the arrest of Prince Andrew in the UK?
Nathan, we're watching oil. It's on the rise again after gaining the most since October yesterday. West Texas Intermediate at $66.07 a barrel this morning while Brent is above $71. The rally comes after Axios reported the Trump administration is closer to a major war in the Middle East than most expect. Axios says a U.S. operation would likely be a weeks-long campaign.
And we get more from Bloomberg's managing editor, Paul Wallace, in Dubai.
It sounds as if Iran has roughly two weeks to get back to the Americans, and then if they're broadly satisfied, the Americans will say, okay, let's go to round three, and we don't know where that will be. But of course, there are plenty of people, including in the oil market,
who think America might be essentially trying to lull Iran into a false sense of security and maybe willing to strike the country before Iran returns with those proposals. In some senses, that echoes what happened in June last year with the 12-day war between Iran and Israel and then America at the end. That war happened when, or at least it started when, the U.S.
and Iran were in the middle of nuclear talks.
And Bloomberg's Paul Wallace says the U.S. has announced visa restrictions on Iranian officials and executives for repressing recent anti-regime protests and cutting off Internet access.
Now, Karen, to the latest in the search for Nancy Guthrie. It's been 19 days since the mother of today's show host Savannah Guthrie was last seen at her home near Tucson. Police are still looking for leads as they sort through upwards of 50,000 tips. Pima County Sheriff Chris Nano spoke with BBC News. I think she's somewhere here in our community. Locally?
Yeah.
What makes you think that? I just do. I don't know why. I don't have any evidence to prove that.
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Chapter 3: What are the implications of Les Wexner's testimony regarding Jeffrey Epstein?
I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
We're up early every weekday, keeping an eye on what's happening across Europe and around the world.
We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
And from London, I'm looking at what all that means for markets, money and the wider economy.
We've got reporters across Europe and around the globe feeding in as stories break.
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point.
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