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(1821)

SQUAWK BOX, TUESDAY 21ST JANUARY, 2020

SQUAWK BOX, TUESDAY 21ST JANUARY, 2020

A digital tax truce. We kick off our coverage of the World Economic Forum in Davos, as French President Emmanuel Macron and U.S. President Donald Trump reach an agreement to avoid a levy on big tech a...

21 Tammi 202025min

SQUAWK BOX, MONDAY 20TH JANUARY, 2020

SQUAWK BOX, MONDAY 20TH JANUARY, 2020

Davos descent… top business leaders and policy makers begin arriving in Davos, Switzerland, as Oxfam reports that the planet’s roughly 2,000 billionaires own more wealth than 60 per cent of the global...

20 Tammi 202024min

SQUAWK BOX, FRIDAY 17TH JANUARY, 2020

SQUAWK BOX, FRIDAY 17TH JANUARY, 2020

Taking its toll…China posts its weakest growth data in almost three decades, suggesting that the trade war with Washington is weighing heavily on the economy despite the 6.1% print for the full-year ...

17 Tammi 202024min

SQUAWK BOX, THURSDAY 16TH JANUARY, 2020

SQUAWK BOX, THURSDAY 16TH JANUARY, 2020

The biggest ever seen…President Trump hails the signing of Phase 1 of the trade agreement between Washington and Beijing but insists tariffs will remain in place until Phase 2 of the deal is completed...

16 Tammi 202025min

SQUAWK BOX, WEDNESDAY 15TH JANUARY, 2020

SQUAWK BOX, WEDNESDAY 15TH JANUARY, 2020

Sign on the dotted line…Beijing and Washington are on the verge of inking Phase 1 of the trade deal but U.S. Treasury Secretary Steven Mnuchin insists that tariffs shall remain in place until China si...

15 Tammi 202025min

SQUAWK BOX, TUESDAY 14TH JANUARY, 2020

SQUAWK BOX, TUESDAY 14TH JANUARY, 2020

Label lost…the offshore yuan surges to its highest level in half a year after the U.S. ceases calling Beijing a currency manipulator, just a day ahead of the expected signing of the Phase 1 trade deal...

14 Tammi 202025min

SQUAWK BOX, MONDAY 13TH JANUARY, 2020

SQUAWK BOX, MONDAY 13TH JANUARY, 2020

Tehran in turmoil…furious anti-government protests spread from the Iranian capital across the country. Demonstrators demand the regime’s leaders step down after they admit Iranian forces mistakenly sh...

13 Tammi 202024min

SQUAWK BOX, FRIDAY 10TH JANUARY, 2020

SQUAWK BOX, FRIDAY 10TH JANUARY, 2020

An avoidable tragedy…intelligence from the U.S., UK and Canada suggests that the downed Ukraine International Airlines passenger jet was likely hit by an unintentional Iranian missile near Tehran. In ...

10 Tammi 202024min

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