Markets remain uneasy as U.S. President Donald Trump's 48‑hour ultimatum for Iran stretches to five days with no clarity on negotiations. Oil climbs back above $100 and today’s PMI surveys offer the first read on how the war is hitting business confidence.
Today’s recommended read: Why $100 oil won't break the American consumer, Jamie McGeever
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Aug 2024
Carmakers strain to navigate the next swerves
After responding to the unexpected success of $720 bln Tesla, older manufacturers now face rising China exports amid slower EV growth. In this Viewsroom podcast, Breakingviews columnists discuss how GM, VW and others – including governments – are handling the nascent trade war. R ... Show More
19m 19s