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(1822)

SQUAWK BOX, TUESDAY 4TH AUGUST, 2020

SQUAWK BOX, TUESDAY 4TH AUGUST, 2020

A 3-way deal? President Trump says the U.S. Treasury should receive a significant cut of Microsoft’s bid for Chinese social media app TikTok, as he says the companies have until 15 September to reach ...

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SQUAWK BOX, MONDAY 3RD AUGUST, 2020

SQUAWK BOX, MONDAY 3RD AUGUST, 2020

Provisions eat into profit at HSBC after first half earnings miss forecasts, falling 65 percent as the bank sets aside more capital and warns of ongoing risks for the year ahead. French bank SocGen re...

3 Elo 202024min

SQUAWK BOX, FRIDAY 31ST JULY, 2020

SQUAWK BOX, FRIDAY 31ST JULY, 2020

Technology giants lead the way on Wall Street with Apple, Alphabet, Facebook and Amazon adding $200bn to their combined value in after-hours trading. Apple posts the biggest quarterly revenue jump in ...

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SQUAWK BOX, TUESDAY 28TH JULY, 2020

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Republican lawmakers announce they have agreed on a $1tn virus stimulus bill with Senate majority leader Mitch McConnell saying the U.S. “has one foot in the pandemic, one foot in the recovery”. Marke...

28 Heinä 202024min

SQUAWK BOX, MONDAY 27TH JULY, 2020

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Second wave caution… The UK sparks travel chaos with an overnight decision to reinstate quarantine measures against travellers from Spain. Madrid, airlines and travel operators hit out at the move. Go...

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SQUAWK BOX, FRIDAY 24TH JULY, 2020

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