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 27TH AUGUST, 2020

SQUAWK BOX, THURSDAY 27TH AUGUST, 2020

Hurricane Laura makes landfall on the Texas-Louisiana state border - now rated a Category 4 storm. Texas Governor Greg Abbott has warned that Laura’s storm surge is ‘unsurvivable’. Federal Reserve Cha...

27 Aug 202022min

SQUAWK BOX, WEDNESDAY 26TH AUGUST, 2020

SQUAWK BOX, WEDNESDAY 26TH AUGUST, 2020

Asian indices fail to follow the S&P 500 which hits a third consecutive high despite U.S. consumer confidence falling to a six-year low. The U.S. Gulf Coast braces for Hurricane Laura which is gatheri...

26 Aug 202025min

SQUAWK BOX, TUESDAY 25TH AUGUST, 2020

SQUAWK BOX, TUESDAY 25TH AUGUST, 2020

Asian markets near a two-year high, following the new record set by the S&P 500 on the back of Covid-19 vaccine optimism. Washington and Beijing both signal progress in renewed trade talks. The Dow cl...

25 Aug 202030min

SQUAWK BOX, MONDAY 24TH AUGUST, 2020

SQUAWK BOX, MONDAY 24TH AUGUST, 2020

President Trump is reportedly aiming to fast-track AstraZeneca’s Covid-19 vaccine, bypassing safety standards as the FDA is set to award the British company and Oxford University ‘emergency use author...

24 Aug 202024min

SQUAWK BOX, FRIDAY 21ST AUGUST, 2020

SQUAWK BOX, FRIDAY 21ST AUGUST, 2020

Joe Biden formally accepts the Democrat presidential nomination and uses his speech to slam President Trump for allegedly failing in his most basic duties to the American nation. Putin critic Alexei N...

21 Aug 202024min

SQUAWK BOX, THURSDAY 20TH AUGUST, 2020

SQUAWK BOX, THURSDAY 20TH AUGUST, 2020

Asian markets plunge into the red on jitters over the U.S. pandemic recovery after the Fed paints a gloomy economic picture and hints at potentially more central bank measures to come in September. Th...

20 Aug 202024min

SQUAWK BOX, WEDNESDAY 19TH AUGUST, 2020

SQUAWK BOX, WEDNESDAY 19TH AUGUST, 2020

A historic high for the S&P 500 as the index manages to recoup its entire Coronavirus losses with a 54 per cent jump from the lows of March. This marks the end of the shortest American bear market in ...

19 Aug 202024min

SQUAWK BOX, TUESDAY 18TH AUGUST, 2020

SQUAWK BOX, TUESDAY 18TH AUGUST, 2020

CNBC learns that U.S. software giant Oracle is challenging Microsoft for Chinese app TikTok’s North American assets. BHP has missed its full-year forecasts but keeps its dividend. The Anglo-Australian...

18 Aug 202023min

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