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)

UK's Reeves prepares tax hikes ahead of Budget

UK's Reeves prepares tax hikes ahead of Budget

UK Chancellor of the Exchequer Rachel Reeves signals a slew of tax hikes in her upcoming budget while Prime Minister Sir Keir Starmer has warned MPs in the House Of Commons of the need to make ‘tough ...

4 Nov 202526min

China-U.S. trade tensions ease

China-U.S. trade tensions ease

China relaxes restrictions on rare earth exports and stops investigations into the chip sector following last week’s trade agreement with the U.S. President Trump signals continued opposition to expor...

3 Nov 202527min

Nvidia lines up major chip deals with ROK titans

Nvidia lines up major chip deals with ROK titans

Nvidia announces a slew of deals with major South Korean firms involving more than 250,000 Blackwell A.I. chips with CEO Jensen Huang due to address the APEC summit in Gyeongju. Apple posts a Q3 beat ...

31 Okt 202526min

Trump hails "12/10" trade talks with Xi

Trump hails "12/10" trade talks with Xi

President Trump slashes tariffs on China to 47 per cent following a “12 out of 10 meeting” with his Chinese counterpart Xi Jinping in the South Korean city of Busan. Trump said that all rare earth res...

30 Okt 202526min

UBS posts 47% pre-tax profit beat

UBS posts 47% pre-tax profit beat

UBS posts a pre-tax quarterly profit surge of 47 per cent. We hear from CEO Sergio Ermotti who shrugs off concerns about credit stress. President Trump lands in South Korea where he is due to meet wit...

29 Okt 202527min

Novartis posts Q3 income beat, reaffirms FY2025 guidance

Novartis posts Q3 income beat, reaffirms FY2025 guidance

Swiss pharma giant Novartis sees Q3 income up by a quarter, allowing it to achieve its FY guidance and countering the fall in generic drug sales Stateside. BNP maintains its forecasts despite Q3 net i...

28 Okt 202525min

Washington, Beijing agree framework trade deal

Washington, Beijing agree framework trade deal

The U.S. and China agree the framework of a trade deal with Presidents Trump and Xi Jinping due to meet later this week in South Korea. U.S. Treasury Secretary Scott Bessent says the move will help to...

27 Okt 202525min

US-Canada trade talks in tatters over ad spat

US-Canada trade talks in tatters over ad spat

U.S. President Trump ceases all trade talks with Canada following an advertising campaign using former U.S. president Ronald Reagan to critique the current administration’s tariff policy. In Brussels,...

24 Okt 202528min

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