Global trade war prompts Volvo to put brakes on its IPO

10 Sep
2019 Volvo XC60Volvo said Monday that the global trade war spurred by U.S. President Donald Trump has forced it to delay its plans for an initial public offering. “The issues around trade are hard for us because they impact cars shipped between China and the U.S. It’s a huge drawback,” Volvo Chief Executive Officer Hakan Samuelsson told...