SQUAWK BOX, MONDAY 10TH FEBRUARY, 2020

SQUAWK BOX, MONDAY 10TH FEBRUARY, 2020

China tries to get back to work amid the Coronavirus outbreak. Numerous major factories in China reopen, including plants belonging to BYD, Tesla, Daimler and Ford. The iPhone supplier Foxconn also gets the green light to restart work at a key plant but Apple and Alibaba opt to keep their facilities shut. The death toll from the virus surpasses 900, following its biggest daily increase yesterday, with more than 40,000 cases confirmed globally. Asian stock markets start the week in mild negative territory. In Germany, Daimler is reportedly planning on cutting up to 15,000 jobs which could save the luxury car and truck maker up to €1.4bn a year by 2022. And we are live in Dublin where the nationalist Sinn Féin party is poised to enter government after winning its highest ever number of first preference votes in the Irish general election.

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Jaksot(1820)

Trump slams Iranian moves to postpone nuclear talks

Trump slams Iranian moves to postpone nuclear talks

U.S. President Donald Trump voices displeasure at Iran’s proposal to postpone nuclear talks until after the conflict ends. Meanwhile, German Chancellor Friedrich Merz slams U.S. strategic aims in Iran...

28 Huhti 27min

Trump urges Iran to reopen talks

Trump urges Iran to reopen talks

President Trump says Iran can pick up the phone after cancelling his envoys’ negotiation trip to Pakistan. Axios reports Tehran is to table a new proposal to end the conflict and reopen the Strait of ...

27 Huhti 24min

Trump heralds Israel-Lebanon ceasefire extension

Trump heralds Israel-Lebanon ceasefire extension

U.S. President Donald Trump hails a three-week ceasefire extension between Israel and Lebanon and that he is willing to wait until an appropriate deal is reached with Iran in order to re-open the Stra...

24 Huhti 26min

Podcast summary: European Q1 earnings in focus

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Nestlé and Heineken both post Q1 earnings beats with LSEG and Roche results out today as well. Tesla also beats in the first quarter however it misses its revenue target and hikes capex expenditure. C...

23 Huhti 25min

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S.-Iran ceasefire extended but Strait of Hormuz remains shut

U.S. President Trump extends the ceasefire with Iran in order to allow for further peace talks to be organised. However, the Strait of Hormuz remains blockaded by both sides with global markets in lim...

22 Huhti 27min

Cook to step down as Apple CEO

Cook to step down as Apple CEO

Apple CEO Tim Cook steps down from the role with hardware chief John Ternus chosen to assume the helm from September. Cook, who oversaw a $3.6tn increase in the company’s market cap during his 15-year...

21 Huhti 27min

U.S. Navy seizes Iranian cargo ship

U.S. Navy seizes Iranian cargo ship

The U.S. Navy fires on and seizes an Iranian cargo vessel in the Gulf of Oman with both countries reinstating blockades through the Strait of Hormuz. President Trump says his delegation lead by Steve ...

20 Huhti 25min

Israel-Lebanon 10-day truce begins

Israel-Lebanon 10-day truce begins

A 10-day ceasefire between Israel and Lebanon comes into effect. U.S. President Trump says he sees the conflict with Iran ending soon. Bank of Israel governor Amir Yaron tells CNBC that he expects a d...

17 Huhti 25min

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