Trump wraps up MidEast tour

Trump wraps up MidEast tour

President Trump concludes his multi-stop Middle East tour having signed mega A.I. and aviation investment deals in Abu Dhabi, Doha and Riyadh but has raised concerns among some of his administration regarding advanced A.I. security restrictions. UK Prime Minister Keir Starmer is in Albania for talks with European counterparts on a potential post-Brexit deal. Youth mobility and fishing rights will be key topics on the agenda. Swiss luxury firm Richemont sees a rise in quarterly sales and manages to narrowly scrape a beat but warns of continuing global economic uncertainty.

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SQUAWK BOX, WEDNESDAY 13TH MAY, 2020

SQUAWK BOX, WEDNESDAY 13TH MAY, 2020

Wall Street suffers steep losses with the Dow Jones falling more than 400 points and the Nasdaq breaking a six-day rally. This comes on the back of Dr Anthony Fauci’s Coronavirus Senate hearing where ...

13 Touko 202027min

SQUAWK BOX, TUESDAY 12TH MAY, 2020

SQUAWK BOX, TUESDAY 12TH MAY, 2020

China’s industrial deflation worsens as producer prices fall 3 per cent in April. It’s the largest slump in four years. New reports of Coronavirus clusters in Seoul and China weigh on Asian markets bu...

12 Touko 202029min

SQUAWK BOX, MONDAY 11TH MAY, 2020

SQUAWK BOX, MONDAY 11TH MAY, 2020

From ‘Stay at Home’ to ‘Stay Alert’ - Prime Minister Boris Johnson lays out a conditional plan to lead parts of the UK population back to work but he refuses to lift the lockdown just yet. On the cont...

11 Touko 202024min

SQUAWK BOX, FRIDAY 8TH MAY, 2020

SQUAWK BOX, FRIDAY 8TH MAY, 2020

Asian stocks rise on signs that relations between Washington and Beijing are warming after trade representatives from both countries agreed to stronger cooperation in implementing the first phase of t...

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A surprise recovery…Chinese exports unexpectedly rise in April with a sharp uptick in overseas shipments since December. However, lower domestic demand provides softer-than-expected import numbers. AB...

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SQUAWK BOX, WEDNESDAY 6TH MAY, 2020

SQUAWK BOX, WEDNESDAY 6TH MAY, 2020

Media giant Disney cancels its 2020 dividend payout after suffering a $1.4bn hit to income due to the Covid-19 outbreak. It has announced plans to reopen its Shanghai theme park from next week. BMW lo...

6 Touko 202024min

SQUAWK BOX, TUESDAY 5TH MAY, 2020

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Crunch time for the ECB…Germany’s constitutional court is set to rule on whether the ECB’s sovereign bond-buying programme is appropriate in a decision that could hinder its QE measures. BNP Paribas' ...

5 Touko 202024min

SQUAWK BOX, MONDAY 4TH MAY, 2020

SQUAWK BOX, MONDAY 4TH MAY, 2020

Chinese oil and airline stocks have dragged the Hang Seng down and U.S.-China tensions weighed on sentiment. U.S. officials reportedly believe China covered up the Coronavirus outbreak to hoard medica...

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