SQUAWK BOX, TUESDAY 23RD JUNE, 2020

SQUAWK BOX, TUESDAY 23RD JUNE, 2020

Mixed messages: White House trade advisor Peter Navarro is forced to backtrack, saying the US-China trade deal is not over after his earlier comments suggesting the agreement was “off” hit markets. Apple plans to switch to its own chips for Macs, ending a 15-year relationship with Intel. The tech giant's CEO Tim Cook tells developers it's a huge leap in how the company powers its products. Meanwhile in Japan, Softbank sheds its shares in T-Mobile, selling 21 billion dollars worth of stock, as it divests two-thirds of its stake in a bid to raise funds for its buyback and debt draw-down plans. And finally in Europe, another deal attracts another investigation. The European Commission launches a 4-month anti-trust probe into LSE's 27 billion dollar bid for Refinitiv, amid competition concerns over the exchange mega-merger.

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Jaksot(1821)

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

Wall Street surges as Iran peace hopes rise

Wall Street surges as Iran peace hopes rise

The S&P 500 and Nasdaq post new record highs as investors signal hopes for an end to the ran conflict. The positive sentiment has also affected Asian equities with the Nikkei leading gains. The U.S. a...

16 Huhti 27min

Trump eyes resumption of Iran talks

Trump eyes resumption of Iran talks

U.S. President Trump says peace talks with the Iranian regime could resume in Pakistan within days. Speaking to CNBC at the IMF spring meetings, Pakistani finance minister Muhammed Aurangzeb said he w...

15 Huhti 27min

U.S. navy launches blockade of Iranian ports

U.S. navy launches blockade of Iranian ports

The U.S. navy begins its blockade of Iranian ports in the Strait of Hormuz. However, there are signs of further dialogue which have helped crude prices to drop back under $100 per barrel. President Tr...

14 Huhti 29min

U.S. moves to blockade Strait of Hormuz

U.S. moves to blockade Strait of Hormuz

Following failed U.S.-Iran peace talks in Islamabad over the weekend, Washington moves to blockade ships exiting or entering Iranian ports in the Strait of Hormuz. Oil prices surge on the news while A...

13 Huhti 27min

Trump accuses Tehran of ceasefire breach

Trump accuses Tehran of ceasefire breach

U.S. President Trump accuses Tehran of not honouring the ceasefire with the Strait of Hormuz remaining firmly shut. Israel has said it was willing to hold peace talks with Lebanon, despite continuing ...

10 Huhti 27min

Iran blames U.S. for ceasefire cracks

Iran blames U.S. for ceasefire cracks

Iran accuses the U.S. of violating the new ceasefire agreed on Tuesday with Israel continuing to target Hezbollah sites in Lebanon. U.S. Vice-President JD Vance is to lead peace talks in Islamabad, Pa...

9 Huhti 27min

U.S. and Iran agree to two-week ceasefire

U.S. and Iran agree to two-week ceasefire

President Trump announces that the U.S. and Iran have agreed to a two-week ceasefire on the condition Tehran opens the Strait of Hormuz to commercial shipping. WTI and Brent sink back under the $100-m...

8 Huhti 27min

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