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Volvo Cars to book $1.2bn charge on tariffs and launch delays
Exposed to US and European duties, the Geely-owned group has already announced a cut of 3,000 jobs globally
European stocks dip after Trump’s tariff threat
Analysts say much sharper sell-off likely if 30% levies on EU come into force
Trump threatens 100% secondary tariffs on Russia
US president seeks to step up pressure on Moscow to reach a peace deal with Ukraine
China approves $35bn Synopsys chip software deal after US eases export curbs
Beijing’s antitrust regulator had paused process in May as Trump administration tightened access to chip design tools
LVMH’s Loro Piana placed under court administration over worker exploitation
Cashmere brand becomes fifth fashion house to be monitored in probe into labour rights violations in Italian supply chains
Whitepapers / Articles
A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024
