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Recent Editions
Risk Channel
North America
President Trump has announced plans to launch a trade investigation into the European Union and threatened further tariffs following regulatory action against major American technology companies. The move follows the European Commission's €890m fine against Google over competition concerns. Trump accused the EU of unfairly targeting U.S. firms, including Google, Apple, Meta and Amazon, and called for penalties to be reversed. He said the U.S. would begin a Section 301 investigation into European regulatory practices while considering additional tariffs. Google said it had worked to comply with the EU's Digital Markets Act but had expressed concerns about recent regulatory decisions.
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Risk Channel
UK/Europe
Reckitt Benckiser has agreed to sell its Russian hygiene business to local consumer goods manufacturer Arnest Management, marking a further step in its planned exit from Russia. The transaction includes a production facility in Moscow, locally owned brand intellectual property and the transfer of around 400 employees, while Reckitt will retain its global brand intellectual property and its Russian health business. The company expects to record a post-tax loss of around £175m on the disposal, including approximately £125m in its first-half results due on July 29th. Reckitt said the sale is not expected to have a material impact on adjusted operating profit or adjusted earnings per share.
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