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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Episoder(1820)

BP's Auchincloss steps down after investor pressure

BP's Auchincloss steps down after investor pressure

BP ousts its CEO Murray Auchincloss overnight following investor frustration with net zero strategy and share under-performance. He is replaced by Woodside Petroleum’s Meg O’Neill who becomes the oil ...

18 Des 202519min

UK November inflation dips ahead of BoE rate decision

UK November inflation dips ahead of BoE rate decision

European futures pint to the green and the UK government is buoyed by the November CPI year-on-year print which came in 0.3 per cent lower than expected. The services CPI is down 0.2 per cent, beating...

17 Des 202526min

Jittery investors continue to dump A.I. stocks

Jittery investors continue to dump A.I. stocks

The A.I. stock sell-off continues with U.S. futures suggesting a day in the red. Investors now await the U.S. jobs report later today. President Trump signals that a Ukraine peace deal is ‘closer now ...

16 Des 202527min

European markets shrug off Friday A.I.-fuelled stock sell-off

European markets shrug off Friday A.I.-fuelled stock sell-off

European markets are set to open in the green following Friday’s A.I.-led stock sell-off ahead of a variety of data prints and rate decisions later in the week. Ukraine abandons demands for NATO membe...

15 Des 202526min

UK October GDP contracts

UK October GDP contracts

UK GDP data for October disappoints coming in at -0.1 per cent month on month with services output falling by 0.3 per cent. Oracle shares tumble to their lowest level since January as investors show t...

12 Des 202527min

Long-awaited Fed decision now in 

Long-awaited Fed decision now in 

The Fed delivers a rate cut - but the most significant dissent in six years, and division over the policy outlook, reveal a split within the central bank. Nasdaq futures falter as Oracle's data centre...

11 Des 202526min

Final Fed decision looms

Final Fed decision looms

Markets fully price in a 25-basis point cut at today’s Federal Reserve meeting, while deep divisions within the central bank put investors on edge about the potential for easing next year. Chinese con...

10 Des 202525min

Huge divisions at Fed cause market trepidation

Huge divisions at Fed cause market trepidation

The Federal Reserve is deeply divided over its December rate decision as hawkish commentary around the FOMC’s two-day meeting causes jitters among investors. President Trump is set to authorise export...

9 Des 202524min

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