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(1821)

SQUAWK BOX, WEDNESDAY 22ND APRIL, 2020

SQUAWK BOX, WEDNESDAY 22ND APRIL, 2020

Subscribers soar…streaming giant Netflix blows away expectations in the first quarter by signing up more than 15m new customers, thanks to strong demand for franchises like ‘Tiger King’ amid the globa...

22 Apr 202026min

SQUAWK BOX, TUESDAY 21ST APRIL, 2020

SQUAWK BOX, TUESDAY 21ST APRIL, 2020

A historic collapse…the price of a barrel of WTI for May turned negative, the first time ever levels have fallen below zero. U.S. President Trump has said he is considering blocking Saudi imports to b...

21 Apr 202023min

SQUAWK BOX, MONDAY 20TH APRIL, 2020

SQUAWK BOX, MONDAY 20TH APRIL, 2020

Reopening Row…President Trump has played down accusations from U.S. governors who say they lack the Coronavirus testing equipment to re-open their states. The May WTI contract slumps to its lowest lev...

20 Apr 202024min

SQUAWK BOX, FRIDAY 17TH APRIL, 2020

SQUAWK BOX, FRIDAY 17TH APRIL, 2020

China contracts…. The Chinese economy shrinks for the first time in nearly 30 years with Q1 GDP falling by 6.8 per cent as the Coronavirus outbreak weighs heavily on consumer spending and production. ...

17 Apr 202026min

SQUAWK BOX, THURSDAY 16TH APRIL, 2020

SQUAWK BOX, THURSDAY 16TH APRIL, 2020

Record retail rut…U.S. sales plunge almost 9 per cent while manufacturing hits a 74-year low, prompting recession fears. We speak to IMF managing director Kristalina Georgieva, who says economic pain ...

16 Apr 202027min

SQUAWK BOX, WEDNESDAY 15TH APRIL, 2020

SQUAWK BOX, WEDNESDAY 15TH APRIL, 2020

No more cash…President Trump withdraws U.S. funding of the World Health Organisation, slamming the agency for fundamental failures in tackling the global Coronavirus pandemic and for having a pro-Chin...

15 Apr 202025min

SQUAWK BOX, TUESDAY 14TH APRIL, 2020

SQUAWK BOX, TUESDAY 14TH APRIL, 2020

China trade…March import and export figures fall by far less than expected despite the impact of the pandemic shutdown. U.S. bank stocks slumped Monday – their first negative session in five days – wi...

14 Apr 202025min

SQUAWK BOX, THURSDAY 9TH APRIL, 2020

SQUAWK BOX, THURSDAY 9TH APRIL, 2020

Stocks end the week in the green, with the Dow and S&P 500 gaining more than 10 per cent during the period. The Dow crossed the 23,000-point mark late in the session following news that Democrat Presi...

9 Apr 202030min

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