LHR shut after massive electrical fire

LHR shut after massive electrical fire

London’s Heathrow is shut with all flights cancelled or diverted following a massive sub-station fire knocks out power to the airport and to nearby neighbourhoods. The Dow and S&P 500 are slightly in the green to eke gains for the week but U.S. equities remain under pressure. DoubleLine Capital’s Jeffrey Gundlach believes a recession is a possibility. Brussels delays retaliatory tariffs on the U.S. by two weeks, pushing for further dialogue with the Trump administration. And in shipping news, Hapag-Lloyd suffers a 19 per cent fall in FY profits. CEO Rolf Habben-Jansen tells CNBC tariffs concerns are weighing on the sector.

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Jaksot(1823)

SQUAWK BOX, FRIDAY 18TH SEPTEMBER, 2020

SQUAWK BOX, FRIDAY 18TH SEPTEMBER, 2020

Going public? TikTok considers a U.S. IPO as the Chinese-owned social media group looks to avert sanctions ahead of a weekend deadline set by the Trump administration. In Spain, Bankia and Caixabank j...

18 Syys 202025min

SQUAWK BOX, THURSDAY 17TH SEPTEMBER, 2020

SQUAWK BOX, THURSDAY 17TH SEPTEMBER, 2020

The Federal Reserve promises to keep interest rates at record lows until 2023, pushing the S&P 500, the Nasdaq and Asian indices into the red. President Trump says he is concerned about TikTok’s Oracl...

17 Syys 202025min

SQUAWK BOX, WEDNESDAY 16TH SEPTEMBER, 2020

SQUAWK BOX, WEDNESDAY 16TH SEPTEMBER, 2020

The dollar falls on expectations that the Federal Reserve will remain cautious on the outlook for the U.S. recovery. JPMorgan CEO Jamie Dimon tells CNBC that the central bank has so far done enough to...

16 Syys 202025min

SQUAWK BOX, TUESDAY 15TH SEPTEMBER, 2020

SQUAWK BOX, TUESDAY 15TH SEPTEMBER, 2020

The Nasdaq reverses a two-day losing streak as the U.S. Treasury says it will review the proposal for a tech tie-up between Oracle and TikTok. Chinese recovery improves with retail sales rising for th...

15 Syys 202025min

SQUAWK BOX, MONDAY 14TH SEPTEMBER, 2020

SQUAWK BOX, MONDAY 14TH SEPTEMBER, 2020

Time is running out… Oracle emerges as the apparent winner for TikTok’s U.S. assets as CNBC learns that ByteDance hopes a “technology partnership” with the American software giant will stave off sanct...

14 Syys 202028min

SQUAWK BOX, FRIDAY 11TH SEPTEMBER, 2020

SQUAWK BOX, FRIDAY 11TH SEPTEMBER, 2020

The S&P 500 and Nasdaq are on track for their second week of losses. Market sentiment is dampened by the U.S. Senate voting down a GOP virus stimulus bill. London and Brussels are at loggerheads after...

11 Syys 202022min

SQUAWK BOX, THURSDAY 10TH SEPTEMBER, 2020

SQUAWK BOX, THURSDAY 10TH SEPTEMBER, 2020

Tech turnaround… U.S. equities snap a three-day losing streak with the Nasdaq posting its best session since April. In Europe, the ECB is expected to hint at further stimulus measures to tackle weak i...

10 Syys 202025min

SQUAWK BOX, WEDNESDAY 9TH SEPTEMBER, 2020

SQUAWK BOX, WEDNESDAY 9TH SEPTEMBER, 2020

Tech wreck on Wall Street: a massive sell-off in U.S. tech shares wipes off $1tn from the market cap of the six largest firms. The Nasdaq is plunged into correction territory after losing a further 4 ...

9 Syys 202025min

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