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(1821)

SQUAWK BOX, FRIDAY 27TH MARCH, 2020

SQUAWK BOX, FRIDAY 27TH MARCH, 2020

The U.S. overtakes China and Italy reporting the world’s highest number of Covid-19 cases. New York is the epicentre and there are warnings the health system there is fraying. The dollar heads toward ...

27 Mars 202040min

SQUAWK BOX, THURSDAY 26TH MARCH, 2020

SQUAWK BOX, THURSDAY 26TH MARCH, 2020

Stimulus Plans. The mammoth U.S. Coronavirus stimulus bill is passed as President Trump voices hope that large parts of the economy could be ready to reopen by Easter. The Dow posts a second day of ga...

26 Mars 202024min

SQUAWK BOX, WEDNESDAY 25TH MARCH, 2020

SQUAWK BOX, WEDNESDAY 25TH MARCH, 2020

Done deal…the White House and U.S. Senate finally agree on a massive $2tn stimulus package to mitigate the medical and economic fallout of the Coronavirus outbreak. The rescue agreement – the largest ...

25 Mars 202025min

SQUAWK BOX, TUESDAY 24TH MARCH, 2020

SQUAWK BOX, TUESDAY 24TH MARCH, 2020

Weeks, not months… President Trump promises to re-open the U.S. economy for business soon, however Congress blocks his stimulus package bill for a second time, weighing on Wall Street. Democratic and ...

24 Mars 202026min

SQUAWK BOX, MONDAY 23RD MARCH, 2020

SQUAWK BOX, MONDAY 23RD MARCH, 2020

Stocks stumble on a stimulus snag … U.S. futures drop, briefly hitting limit down, after major indices recorded their worst week since the 2008 financial crisis. Part of President Trump’s $2tn stimulu...

23 Mars 202026min

SQUAWK BOX, FRIDAY 20TH MARCH, 2020

SQUAWK BOX, FRIDAY 20TH MARCH, 2020

Coronavirus counter-measures...Pressure on stocks ease slightly as central banks take more action. The U.S. Federal Reserve extended its swap lines to another nine central banks in a bid to mitigate t...

20 Mars 202028min

SQUAWK BOX, THURSDAY 19TH MARCH, 2020

SQUAWK BOX, THURSDAY 19TH MARCH, 2020

Extraordinary times…ECB President Christine Lagarde launches a €750bn rescue package to counter the Coronavirus pandemic while the BOJ sets out a ¥1tn JGB purchase plan. The stimulus, however, fails t...

19 Mars 202031min

SQUAWK BOX, WEDNESDAY 18TH MARCH, 2020

SQUAWK BOX, WEDNESDAY 18TH MARCH, 2020

A short-lived rebound … the major U.S. averages rally by more than 5 per cent on the back of stimulus hopes but U.S. futures fall and Asian stocks turn lower. President Trump’s administration promises...

18 Mars 202025min

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