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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SQUAWK BOX, TUESDAY 24TH SEPTEMBER, 2019

SQUAWK BOX, TUESDAY 24TH SEPTEMBER, 2019

A long goodbye… Outgoing ECB President Mario Draghi says the bank is ready to cut rates again ahead of his final meeting next month. His successor, Christine Lagarde, tells CNBC she is concerned that ...

24 Syys 201925min

SQUAWK BOX, MONDAY 23RD SEPTEMBER, 2019

SQUAWK BOX, MONDAY 23RD SEPTEMBER, 2019

End of an era… UK travel company Thomas Cook collapses, sparking the biggest peacetime repatriation of British citizens in history. We have the latest from the chair of the Civil Aviation Authority. O...

23 Syys 201925min

SQUAWK BOX, FRIDAY 20TH SEPTEMBER, 2019

SQUAWK BOX, FRIDAY 20TH SEPTEMBER, 2019

The world’s top money managers and policymakers talk to CNBC at the exclusive Delivering Alpha conference. Vice-President Mike Pence tells CNBC that he hopes for a U.S.-China trade deal to come into f...

20 Syys 201928min

SQUAWK BOX, THURSDAY 19TH SEPTEMBER, 2019

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Blurred vision…Federal Reserve President Jerome Powell cuts rates by 25bps for only the second time in a decade. However, the central bank takes a more hawkish stance than markets expected and fails t...

19 Syys 201925min

SQUAWK BOX, WEDNESDAY 18TH SEPTEMBER, 2019

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“Like a phoenix from the ashes” - Saudi energy minister Abdulaziz bin Salman seeks to calm oil markets, saying the kingdom's supply will be fully back online by the end of the month. We are live in Je...

18 Syys 201924min

SQUAWK BOX, TUESDAY 17TH SEPTEMBER, 2019

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The Saudi strikes lead to an oil shock for the global economy. Crude prices trim gains after Brent has its best day on record following the attacks on Saudi Aramco's facilities. President Trump says I...

17 Syys 201926min

SQUAWK BOX, MONDAY 16TH SEPTEMBER, 2019

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Strike on Saudi Arabia… Crude prices surge after attacks shut down two of Saudi Arabia’s largest energy facilities, slashing the kingdom’s output by half. Washington blames Iran for the incident but T...

16 Syys 201924min

SQUAWK BOX, FRIDAY 13TH SEPTEMBER, 2019

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Draghi delivers…global stocks move into the green with the Dow hitting a record high after outgoing ECB President Mario Draghi offers the euro zone a sweeping stimulus package featuring a rate cut and...

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