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(1822)

Wall Street suffers $1tn tech stock rout

Wall Street suffers $1tn tech stock rout

U.S. tech stocks suffer a $1tn wipeout as Trump tariffs and recession concerns trigger a massive repricing move. Tesla shares fall 15 per cent during its worst session since September 2020. U.S. Secre...

11 Mar 202524min

Trump says U.S. recession still possible

Trump says U.S. recession still possible

President Donald Trump says the U.S. economy requires time to transition and says that a recession is still a possibility. Former Bank of England governor Mark Carney wins the race to become Canadian ...

10 Mar 202529min

Trump pauses tariffs on Mexico, Canada

Trump pauses tariffs on Mexico, Canada

President Trump signs an executive order to delay certain tariff measures on both Canada and Mexico, claiming the volte-face is unrelated to market reaction. Tech stocks lead tariff-related losses on ...

7 Mar 202526min

Trump offers Canada/Mexico autos tariffs reprieve

Trump offers Canada/Mexico autos tariffs reprieve

Automakers are handed a one-month postponement of tariffs on Canada and Mexico by U.S. President Trump with his administration dangling the prospect of further sector-specific exemptions. Investor sen...

6 Mar 202529min

Trump addresses Congress

Trump addresses Congress

President Trump makes the longest joint address to Congress in U.S. history, touting his administration’s achievements so far on immigration, government expenditure and upcoming trade measures. Tariff...

5 Mar 202526min

Trump tariffs on Canada, Mexico & China begin

Trump tariffs on Canada, Mexico & China begin

President Trump’s tariffs come into effect hitting imports from Canada and Mexico with 25 per cent levies. China receives an additional 10 per cent. Both China and Canada immediately respond with coun...

4 Mar 202525min

Starmer urges 'coalition of the willing' against Putin

Starmer urges 'coalition of the willing' against Putin

UK Prime Minister Keir Starmer calls for a ‘coalition of the willing’ following Friday’s dramatic collapse in US-Ukrainian peace talks. Crypto prices soar following US President Donald Trump’s details...

3 Mar 202528min

Trump's tariffs pledge prompts global stock sell-off

Trump's tariffs pledge prompts global stock sell-off

Wall Street and Asian indices both fall into the red as global trade concerns weigh following President Trump’s pledge to slap additional tariffs on Chinese imports. Beijing has vowed to impose counte...

28 Feb 202529min

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