Colony Capital Agrees to Buy Some of Abraaj's Key Funds

The video discusses two major financial events. First, Colony Capital, a US asset manager, is taking over parts of Obrajes' fund management business in regions with better governance, following Obrajes' financial mismanagement and restructuring. Second, Daimler, a major auto manufacturer, has revised its earnings guidance downward due to the impact of escalating trade wars, particularly tariffs on US cars exported to China, marking a significant shift in its financial outlook.

What regions is Colony Capital focusing on for its fund management business?

What impact are the trade wars expected to have on Daimler's profitability?