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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Avsnitt(1822)

SQUAWK BOX, MONDAY 7TH SEPTEMBER, 2020

SQUAWK BOX, MONDAY 7TH SEPTEMBER, 2020

China’s largest chipmaker, SMIC, sees its shares nosedive by almost 20 per cent on concerns the company could be blacklisted by the U.S. administration. In Washington, U.S. Treasury Secretary Steven M...

7 Sep 202023min

SQUAWK BOX, FRIDAY 4TH SEPTEMBER, 2020

SQUAWK BOX, FRIDAY 4TH SEPTEMBER, 2020

Selling strikes Wall Street… The Dow sinks over 800 points in its worst day since June, as investors flee tech stocks in an abrupt end to the winning streak. Apple shares plunge 8 percent in the stock...

4 Sep 202026min

SQUAWK BOX, THURSDAY 3RD SEPTEMBER, 2020

SQUAWK BOX, THURSDAY 3RD SEPTEMBER, 2020

The Dow Jones enjoys its best day since mid-July, soaring 450 points on the back of strong U.S. factory orders offsetting weaker-than-expected in private payrolls. In China, the Caixin PMI grows for t...

3 Sep 202024min

SQUAWK BOX, WEDNESDAY 2ND SEPTEMBER, 2020

SQUAWK BOX, WEDNESDAY 2ND SEPTEMBER, 2020

Starting September with fresh record highs... The S&P 500 and Nasdaq touch new peaks as U.S. manufacturing activity rises to a 19-month high, with new orders jumping to levels not seen since 2004. In ...

2 Sep 202023min

SQUAWK BOX, TUESDAY 1ST SEPTEMBER, 2020

SQUAWK BOX, TUESDAY 1ST SEPTEMBER, 2020

China’s Caixin manufacturing activity grows at its fastest rate in almost a decade, driven primarily by new export orders rising for the first time in 2020. It’s a mixed start to September for Asian i...

1 Sep 202023min

SQUAWK BOX, MONDAY 31ST AUGUST, 2020

SQUAWK BOX, MONDAY 31ST AUGUST, 2020

Tiktok's sale of its U.S. operations could hit another roadblock after China's Commerce Ministry tightens its regulations on technology exports. Meanwhile, China’s official PMI points to a recovery sp...

31 Aug 202023min

SQUAWK BOX, FRIDAY 28TH AUGUST, 2020

SQUAWK BOX, FRIDAY 28TH AUGUST, 2020

Japanese Prime Minister Shinzo Abe has resigned over his health. The news caused Tokyo stocks to slide, wiping out about $47 billion of market value, while pushing the yen higher. The Federal Reserve ...

28 Aug 202023min

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

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