Jul 15th, 2024

Burberry Suspends Dividend Payments After Poor Q1 | The Opening Trade (07/15/2024)

Burberry Group Plc replaced its chief executive officer and suspended its dividend after a downturn in the luxury industry thwarted the British trench coat maker’s effort to challenge high-end labels such as Chanel and Louis Vuitton. Donald Trump arrives in Milwaukee for the Republican National Congress amid heightened security after surviving an assassination attempt. The dollar strengthens and Treasury futures fall as the shooting increases bets on Trump winning re-election in November. China's GDP expands at its slowest rate in five quarters, with pressure mounting on President Xi to boost support measures. 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 Tom Mackenzie.