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(1823)

SQUAWK BOX, THURSDAY 22ND OCTOBER, 2020

SQUAWK BOX, THURSDAY 22ND OCTOBER, 2020

Tesla has reported its fifth quarterly profit in a row on accelerated vehicle sales. After-hours trading sees shares higher and CEO Elon Musk believes he can expand production up to 20m vehicles annua...

22 Okt 202024min

SQUAWK BOX, WEDNESDAY 21ST OCTOBER, 2020

SQUAWK BOX, WEDNESDAY 21ST OCTOBER, 2020

Netflix reports its biggest earnings miss ever in Q3 with a sharp slowdown in quarterly subscribers, pushing shares down by more than 5 per cent in after-hours trading. Meanwhile, U.S. futures rise on...

21 Okt 202028min

SQUAWK BOX, TUESDAY 20TH OCTOBER, 2020

SQUAWK BOX, TUESDAY 20TH OCTOBER, 2020

UBS says it had its best pre-tax Q3 profit in a decade but warns that political instability may result in increased market volatility. U.S. investors wait on stimulus talks ahead the Democrat-imposed ...

20 Okt 202024min

SQUAWK BOX, MONDAY 19TH OCTOBER, 2020

SQUAWK BOX, MONDAY 19TH OCTOBER, 2020

Chinese GDP misses forecasts but posts a 4.9 per cent rise in the third quarter with retail and industrial activity supporting the post-virus rebound. U.S. futures surge after House Speaker Nancy Pelo...

19 Okt 202028min

SQUAWK BOX, FRIDAY 16TH OCTOBER, 2020

SQUAWK BOX, FRIDAY 16TH OCTOBER, 2020

President Trump and Democrat rival Joe Biden go head-to-head but in separate town hall appearances with the U.S. virus response at the fore of discussions. The White House indicates that it is ready t...

16 Okt 202024min

SQUAWK BOX, THURSDAY 15TH OCTOBER, 2020

SQUAWK BOX, THURSDAY 15TH OCTOBER, 2020

Another round of U.S. virus talks stall as U.S. Treasury Secretary Steven Mnuchin says that an agreement seems unlikely before the election. Blowout earnings from Goldman Sachs weigh on U.S. futures a...

15 Okt 202024min

SQUAWK BOX, WEDNESDAY 14TH OCTOBER, 2020

SQUAWK BOX, WEDNESDAY 14TH OCTOBER, 2020

U.S. equities break a 5-day winning streak, deepening losses after Eli Lilly halts is Covid-19 drug trial over safety concerns. The Senate is set to vote on a leaner stimulus package, with IMF Chief E...

14 Okt 202028min

SQUAWK BOX, TUESDAY 13TH OCTOBER, 2020

SQUAWK BOX, TUESDAY 13TH OCTOBER, 2020

CNBC hears exclusively from German finance minister Olaf Scholz who says he believes his country’s economy can rebound to pre-virus levels by early 2022, but warned that European leaders need to show ...

13 Okt 202030min

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