Russia struck a sedate tone on Friday but acknowledged grounds for cautious optimism, after only backing the "idea" of a U.S. brokered 30-day ceasefire with firm caveats.
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.
U.S. tariffs could push allies to forge closer relationships with other countries like China and India, according to former U.S. diplomat Wendy Cutler.
"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."
Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.
"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE. "We are on the same boat in terms of tariffs."