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Ferrari CEO on Trump Tariff Impact, First Electric Model
9:06
Bloomberg Television
Ferrari CEO on Trump Tariff Impact, First Electric Model
Benedetto Vigna, the CEO of luxury carmaker Ferrari says the company will adapt to US tariffs and is planning to raise prices for some of its cars in the US by up to 10%. President Trump is on track to ease the impact of his auto tariffs, including a reprieve for imported automobiles from separate tariffs on aluminum and steel. Vigna says they will review their pricing if the tariffs change. He also said Ferrari is on track to unveil its first fully electric model in October, adding that the firm will have a “richer product portfolio” when its first EV arrives. Benedetto Vigna spoke with Bloomberg’s Francine Lacqua on "The Pulse" in Oslo. Chapters: 00:00:06 - Vigna on Trump's tariff impacts on Ferrari 00:01:17 - Vigna on client profile changing, seeing younger buyers 00:01:58 - Vigna on US-China trade war 00:02:34 - Vigna on Ferrari lineup & electric model update 00:04:15 - Vigna on 2025 outlook 00:05:26 - Vigna on Trump auto tariffs 00:06:35 - Vigna on Leapmotor speculations 00:07:32 - Vigna on China demand 00:08:38 - The Benedetto color of Ferrari -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Canada Election: Carney Warns Trump 'Trying to Break Us' as Liberals Win | Bloomberg The Pulse 04/29
50:05
Bloomberg Television
Canada Election: Carney Warns Trump 'Trying to Break Us' as Liberals Win | Bloomberg The Pulse 04/29
Canada’s Liberal Party is projected to win a fourth consecutive election, giving a mandate to former central banker Mark Carney after a campaign in which he pledged to boost economic growth and stand up to US President Donald Trump in a trade war. The margin of victory appears to be narrow. Liberal candidates were leading or elected in 167 seats, ahead of the Conservative Party’s 145 seats, as of 3:15 a.m. Ottawa time on Tuesday morning. Carney, 60, tried to establish quickly that he was different from his predecessor, Justin Trudeau — more focused on the economy and on building new trade and security alliances, given the new foreign policy coming from Washington. His first steps were to cancel some of Trudeau’s less popular policies, such as a carbon tax on consumers, and to visit two European allies, French President Emmanuel Macron and UK Prime Minister Keir Starmer. Today's guests: Johanna Kyrklund, Schroders CIO; Huw Van Steenis, Oliver Wyman Partner & Vice Chair; Eivind Kallevik, Norsk Hydro CEO; Benedetto Vigna, Ferrari CEO -------- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:02:14 - Canada's Liberals win election 00:04:50 - Trump eyes auto tariffs reprieve 00:06:03 - China warns against "bully" US 00:09:31 - Johanna Kyrklund, Schroders, CIO 00:17:26 - Huw Van Steenis, Oliver Wyman Partner & Vice Chair 00:25:20 - Headlines 00:26:05 - Spanish power nearly entirely restored: Grid operator 00:27:19 - Eivind Kallevik, Norsk Hydro CEO 00:32:24 - Deutsche Bank debt trading hits record 00:34:51 - European earnings Tuesday morning 00:37:59 - Nicolai Tangen, Norges Bank Investment Mgmt CEO 00:40:39 - Benedetto Vigna, Ferrari CEO -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Canada Election: Carney's Narrow Win, Spain Power Outage Aftermath | The Opening Trade 04/29
1:36:23
Bloomberg Television
Canada Election: Carney's Narrow Win, Spain Power Outage Aftermath | The Opening Trade 04/29
Spain and Portugal were returning to some semblance of normality early Tuesday, with many questions remaining about what caused one of Europe’s worst blackouts in years across the Iberian peninsula the previous day.Canada’s Liberal Party is projected to win a fourth consecutive election, giving a mandate to former central banker Mark Carney after a campaign in which he pledged to stand up to US President Donald Trump. Carney’s party had about 43% of the national vote, but may fall short of the 172 seats needed for a majority in the House of Commons, meaning the government would be forced to work with other parties to pass budgets and other legislation. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - The Opening Trade 00:01:25 - AstraZeneca Earnings 00:02:19 - BP Share Buyback 00:03:37 - Trump Auto Tariffs "Deal" Reached 00:05:23 - Carney's Liberals Win Canada Election 00:07:27 - Spain Power Outage 00:09:05 - Trump Tariffs: Carlsberg CEO on Consumer 00:16:35 - Canada Election: Carney Ready for Trump 00:25:44 - Trump Tariffs: AstraZeneca CEO on Pharma 00:40:52 - Citroen CEO on China Competition 00:49:15 - Spain Inflation Rises 00:59:22 - Nicolai Tangen, Norges Bank IM CEO 01:11:05 - Schneider Electric Stock Falls 01:15:15 - Deutsche Bank CFO: Crystal Ball is Cloudy 01:15:44 - Deutsche Bank Debt Trading Hits Record 01:21:04 - Spain Power Outage Latest 01:23:31 - Trump 100 Day Milestone -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Norway's Tangen on How to Invest Amid Market Turmoil, Trade War
10:27
Bloomberg Television
Norway's Tangen on How to Invest Amid Market Turmoil, Trade War
Nicolai Tangen, the head of Norway’s $1.8 trillion sovereign wealth fund, discusses the outlook for global markets amid recent trade policy upheaval and what that means for the fund's US investments. He talks with Bloomberg's Francine Lacqua in Oslo. 00:00 Market volatility; US vs. Europe stocks; trade turmoil 01:52 Happy with US allocation: Treasuries; Magnificent 7 03:52 Tariffs, fragmentation and impact on economy, markets 05:37 Tesla; China; opportunities in renewables infrastructure 07:53 Real estate looks "pretty attractive" relative to equities 08:47 Europe is "getting its act together"; podcast on Formula 1 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Carney Wins Canada Election; Auto Tariffs Reprieve | Horizons Middle East & Africa 04/29/2025
46:21
Bloomberg Television
Carney Wins Canada Election; Auto Tariffs Reprieve | Horizons Middle East & Africa 04/29/2025
Canada's Liberal Party has won a fourth consecutive election, a stunning turnaround for prime minister Mark Carney. Also on the show: US President Donald Trump is expected to ease auto tariffs, lifting some levies on foreign parts for cars and trucks; Russian President Vladimir Putin has declared a three-day ceasefire in the war on Ukraine to mark the 80th anniversary of victory in World War II; HSBC reported a big beat in profit and announced a $3B buyback; Angola is considering IMF financing as trade wars and a slump in energy prices prices shut the oil producer out of international bond markets. Guests include: Ryan Lemand, Neovision Wealth, CEO and Co-Founder; Antonoaldo Neves, Etihad Airways, CEO. Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. Chapters: 00:00:00 - Introduction 00:07:44 - Mark Carney's Liberals win tight election race 00:11:24 - Trump to offer auto tariffs reprieve 00:16:20 - Ryan Lemand, Neovision Wealth, CEO and Co-Founder 00:27:30 - Putin's brief Ukraine truce frustrates Trump 00:30:13 - Antonoaldo Neves, Etihad Airways, CEO 00:38:30 - HSBC pretax profit beats, sticks with buyback 00:42:23 - Angola mulls IMF financing as yields soar -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
ISM Will Provide This Week's Key US Data: 3-Minute MLIV
3:10
Bloomberg Television
ISM Will Provide This Week's Key US Data: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV <GO>. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Appeasing Trump Will Embolden the 'Bully': China's Top Diplomat
1:30
Bloomberg Television
Appeasing Trump Will Embolden the 'Bully': China's Top Diplomat
China’s top diplomat has warned countries against caving in to US tariff threats, Bloomberg's Minmin Low reports. As the Trump administration hints at the possible use of new trade tools to pressure Beijing, Chinese Foreign Minister Wang Yi has said appeasement will only embolden the "bully." This comes as Treasury Secretary Scott Bessent says it’s up to Beijing to take the first step in de-escalating the tariff fight with Washington due to the imbalance of trade between the two economies. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Carney's Liberals Win Canada Election & Trump's Auto Tariff Reprieve | Daybreak Europe 04/29/2025
47:08
Bloomberg Television
Carney's Liberals Win Canada Election & Trump's Auto Tariff Reprieve | Daybreak Europe 04/29/2025
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Canadian Prime Minister Mark Carney is projected to win the nation's election, after a campaign dominated by President Donald Trump's tariffs. Carney's Liberals are on track to win enough seats to form at least a minority government. President Donald Trump is set to blunt the pain of tariffs affecting the auto industry, with a lifting of some levies on foreign parts for cars made in the US. Meanwhile, most power has now been restored in Spain following a massive electricity outage across the country and in neighboring Portgual. Today's Guests: Volvo cars CEO Håkan Samuelsson & Deutsche Bank CFO James von Moltke. Chapters: 00:00:00 - Daybreak Europe 00:01:21 - Deutsche Bank Earnings 00:02:15 - Novartis Earnings 00:03:02 - Volvo Cars Earnings 00:05:05 - Canada Election Results: Mark Carney Wins 00:09:02 - Trump To Offer Auto Tariffs Reprieve 00:11:37 - Spain Slowly Almost Back to Normal After Blackout  00:13:21 - UK Food Prices 00:15:52 - Volvo cars CEO Håkan Samuelsson 00:24:23 - Deutsche Bank CFO On Earnings 00:29:02 - HSBC Earnings 00:33:37 - Mark Carney Speech After Win 00:36:43 - Trump Marks 100 Days In Office This Week 00:39:03 - Trump & Xi -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025
Canada Election Results: Carney Says Old Relationship With US Is Over
1:14
Bloomberg Television
Canada Election Results: Carney Says Old Relationship With US Is Over
Mark Carney, speaking in Ottawa after his Liberal Party was projected to win a fourth consecutive election, said Canada's old relationship with the US is over, and that the nation has "many, many other options than the United States to build prosperity for all Canadians." Carney, a former central banker, campaigned on standing up to US President Donald Trump in a trade war. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Apr 29, 2025