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)

Nvidia earnings to show U.S.-China export hit

Nvidia earnings to show U.S.-China export hit

All focus is on A.I. chip giant Nvidia which is due to report quarterly results after the U.S. bell today. Investors will be scrutinising how the company is faring following a $5.5bn China export hit....

28 Mai 202527min

European stocks buoyed by Trump tariff pause

European stocks buoyed by Trump tariff pause

President Trump’s tariff postponement helps to boost sentiment in Europe with French and German stocks starting the week solidly in the green. The autos and aerospace sectors lead gains. ECB President...

27 Mai 202528min

Trump delays 50% tariff on EU products

Trump delays 50% tariff on EU products

President Trump postpones EU tariff talks until July following a phone call with EC president Ursula Von Der Leyen to grant the bloc a reprieve from his threat of a 50 per cent levy. In Asia, Apple iP...

26 Mai 202525min

U.S. debt concerns push yields higher

U.S. debt concerns push yields higher

U.S. yields and the 30-year note rise above 5 per cent as U.S. debt burden worries persist. The U.S. House of Representatives passes President Trump’s tax and spending bill by a single vote that could...

23 Mai 202525min

House GOP in final push to pass budget

House GOP in final push to pass budget

The House of Representatives holds an all-night session as the GOP looks to push President Trump’s budget bill. The proposed tax cuts are expected to add trillions of dollars to the country’s deficit ...

22 Mai 202525min

Trump urges GOP 'holdouts' to back Budget

Trump urges GOP 'holdouts' to back Budget

President Trump calls on Republican ‘holdouts’ to agree to his budget plans in a private meeting. Trump said he was confident the bill would soon be passed as law. Our colleagues Stateside sit down wi...

21 Mai 202526min

CATL lists on HKEX

CATL lists on HKEX

EV Battery maker CATL lists on the Hong Kong stock exchange, sending shares soaring. It’s the world’s largest IPO this year. UK Prime Minister Keir Starmer re-sets relations with the EU, promising to ...

20 Mai 202525min

U.S. credit rating downgraded

U.S. credit rating downgraded

Global markets fall and yields jump as Moody's cuts its U.S. credit rating - the first time in history that the country hasn't held a perfect AAA rating with any of the major agencies. Attention turns...

19 Mai 202525min

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