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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SQUAWK BOX, WEDNESDAY 11TH DECEMBER, 2019

SQUAWK BOX, WEDNESDAY 11TH DECEMBER, 2019

The countdown is on! Investors eagerly await Saudi Aramco's mega IPO with shares set to start trading on the Tadawul, in the world's biggest listing ever. We are live with reaction from Riyadh, as the...

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SQUAWK BOX, TUESDAY 10TH DECEMBER, 2019

SQUAWK BOX, TUESDAY 10TH DECEMBER, 2019

The final countdown… Less than a day to go before the world’s largest ever IPO, the listing of Saudi Aramco. We hear exclusively from Saudi Arabian finance minister Mohammed Al-Jadaan who tells CNBC t...

10 Dec 201924min

SQUAWK BOX, MONDAY 9TH DECEMBER, 2019

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Losing steam…Asian stocks fail to match Wall Street’s Friday rally after a blow-out U.S. jobs print which saw the Dow Jones soar to a two-month high. Hundreds of thousands of pro-democracy protestors ...

9 Dec 201925min

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It’s a day of drama in Vienna as OPEC talks stretch into the night, as ministers consider deeper production cuts to balance the oil market. Saudi Aramco shares price at the top end of the range to rai...

6 Dec 201924min

SQUAWK BOX, THURSDAY 5TH DECEMBER, 2019

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Oil markets front and centre. Crude prices steady after a big surge ahead of today's OPEC meeting amid the prospect of deeper production cuts. Iraq's oil minister tells CNBC extending the current deal...

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SQUAWK BOX, WEDNESDAY 4TH DECEMBER, 2019

SQUAWK BOX, WEDNESDAY 4TH DECEMBER, 2019

Stocks across Asia join a global sell-off after the Dow drops another 280 points, as President Trump says a trade deal with China may only come after the U.S. election. In the U.K., the Queen rolls ou...

4 Dec 201925min

SQUAWK BOX, TUESDAY 3RD DECEMBER, 2019

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Trump revives trade war fears. The Dow drops more than 250 points while the S&P 500 has its worst day in two months as U.S. President Donald Trump surprises markets with tariffs on steel and aluminium...

3 Dec 201926min

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Shoppers flock online helping Black Friday sales hit a record $7.4 bn in the second largest U.S. internet shopping day ever, with Adobe predicting an even bigger Cyber Monday. China's factory activity...

2 Dec 201925min

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