BERLIN, March 27 (Reuters) - Volkswagen's software partnership with Rivian, a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing the
BERLIN, March 27 (Reuters) - Volkswagen's software partnership with Rivian, a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing the
Hugh Gimber, global market strategist at JPMorgan Asset Management, discusses market positioning as the Iran war continues and Macquarie said oil may hit a record $200 a barrel if the conflict drags on until June. "I think it would be a recession at $200 a barrel," Gimber tells Bloomberg Television. "That's why we're seeing such focus on finding an off-ramp," he adds. (Source: Bloomberg)
Hugh Gimber, global market strategist at JPMorgan Asset Management, discusses market positioning as the Iran war continues and Macquarie said oil may hit a record $200 a barrel if the conflict drags on until June. "I think it would be a recession at $200 a barrel," Gimber tells Bloomberg Television. "That's why we're seeing such focus on finding an off-ramp," he adds. (Source: Bloomberg)