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)

SQUAWK BOX, WEDNESDAY 21ST AUGUST, 2019

SQUAWK BOX, WEDNESDAY 21ST AUGUST, 2019

Instability in Italy. We’re live in Rome where Prime Minister Giuseppe Conte resigns with a scathing attack on interior minister Matteo Salvini whom he accuses of political opportunism. We discuss the...

21 Aug 201925min

SQUAWK BOX, TUESDAY 20TH AUGUST, 2019

SQUAWK BOX, TUESDAY 20TH AUGUST, 2019

The Wall Street rebound is on. U.S. stocks nearly wipe out all of last week's major losses, with the Dow managing to reach an intra-day high just 5 per cent below its all-time record. In Asia, stocks ...

20 Aug 201924min

SQUAWK BOX, MONDAY 19TH AUGUST, 2019

SQUAWK BOX, MONDAY 19TH AUGUST, 2019

Wall Street gears up for more volatility after U.S. stocks close in the green but log their third negative week in a row, while the Trump administration seeks to calm recession fears, with top economi...

19 Aug 201924min

SQUAWK BOX, FRIDAY 16TH AUGUST, 2019

SQUAWK BOX, FRIDAY 16TH AUGUST, 2019

The Dow Jones bounces back after its worst day of 2019 as Washington and Beijing soften their rhetoric in the trade war. Asian equities see green as fresh data shows that Japan has overtaken China in ...

16 Aug 201925min

SQUAWK BOX, THURSDAY 15TH AUGUST, 2019

SQUAWK BOX, THURSDAY 15TH AUGUST, 2019

The Dow suffers its worst day of the year, plunging 800 point in its fourth worst point drop in history. Investors are spooked after the US 2-10 yield curve inverts, sparking concerns a recession is o...

15 Aug 201924min

SQUAWK BOX, WEDNESDAY 14TH AUGUST, 2019

SQUAWK BOX, WEDNESDAY 14TH AUGUST, 2019

The Trump administration seems to be the first to blink in the trade war, delaying tariffs against key Chinese imports including laptops, cellphones and clothing. The move sends Asian equities into th...

14 Aug 201922min

SQUAWK BOX, TUESDAY 13TH AUGUST, 2019

SQUAWK BOX, TUESDAY 13TH AUGUST, 2019

In a volatile day for U.S. markets, the Dow drops nearly 400 points to close below 26,000. Global bond yields resume their decline sending a warning signal to investors of a possible recession. In Asi...

13 Aug 201924min

SQUAWK BOX, MONDAY 12TH AUGUST, 2019

SQUAWK BOX, MONDAY 12TH AUGUST, 2019

After a rocky week for Wall Street, Asian equities start the week cautiously higher as Goldman Sachs warns the trade war is raising the prospect of a U.S. recession. Meanwhile, China sets its yuan fix...

12 Aug 201922min

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