Squawk Box Europe Express

• Trump announces potential Gaza takeover and reconstruction

  U.S. President Trump hosts Israeli Prime Minister Benjamin Netanyahu at the White House and announces potential plans to ‘take over’ Gaza and redevelop the territory. Chinese markets re-open after a week-long holiday and trim gains after Beijing’s swift retaliation against U.S. tariff increases prompts investors to cut risks. In tech news, investors prove wary of Alphabet’s A.I. $75bn investment in the sector which has exceeded forecasts. And we are live in Copenhagen where Novo Nordisk are due to report FY results amid recent signs of shareholder anxiety. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  --------  

  26:01
• China hits back with tit-for-tat tariffs on U.S. imports

  China retaliates against U.S. trade restrictions, slapping duties onto wide-ranging U.S. imports. President Trump agrees to suspend tariffs with Canada and Mexico for after Ottawa and Mexico City vowed to strengthen border security to stamp out illegal immigration and drug smuggling. Swiss lender UBS posts a $770m Q4 net profit beat and confirms its guidance. And there are also earnings due in from BNP Paribas, OMV and Infineon.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  --------  

  25:53
• Trump launches multiple trade wars

  President Trump triggers a trade war which sends the dollar soaring and pushed Asian equities into the red. Mexico and Canada are hit with 25 per cent while Chinese goods are subject to a 10 per cent surcharge on existing tariffs. Trump has threatened that the EU could be targeted next. Both Canada and Mexico have vowed to retaliate. In M&A news, Italy’s Unicredit has disclosed a new stake in the country’s largest insurer, Generali, but has denied any strategic interest behind the move. German lender Commerzbank posts a record FY pre-tax profits while fending off interest from Unicredit.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  --------  

  26:00
• Apple shares surge despite China sales falling short

  Apple shares soar more than 3 per cent in after-hours trade boosted by strong revenue from services. However, iPhone sales disappoint, dragged down by poor Chinese demand. Canadian and Mexican imports into the U.S. will be hit with 25 per cent tariffs from tomorrow but President Trump says he is still undecided whether the measures will affect oil. The ECB slashes euro interest rates by 25bps. It’s the central bank’s fifth cut of the cycle amid growing concerns about sluggish growth throughout the bloc. President Christine Lagarde says that a larger cut was not on the table. And two black boxes have been recovered from the Potomac River in Washington D.C. following Wednesday night’s fatal mid-air collision between a regional American Airlines jet and a military Black Hawk helicopter. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  --------  

  25:26
• Tesla posts disappointing Q4 results

  Tesla Q4 results miss estimates with shares falling and then rebounding in after-hours trade. However, CEO Elon Musk remains bullish about the year ahead pointing to advancements in A.I. and self-driving technology. Microsoft sees disappointing cloud sector revenue while Facebook owner Meta beats Q4 expectations despite softer-than-expected forecasts. The U.S. Federal Reserve maintains rates in January as the central bank waits to assess the impact of President Trump’s sweeping policy changes on the economy. Chairman Jerome Powell says he is blocking out all external commentary. And dozens of passengers are feared dead in Washington DC after an American Airlines jet collided with a U.S. military Blackhawk helicopter over the Potomac River.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  --------  

  23:52

Más podcasts de Noticias

Podcasts a la moda de Noticias

Acerca de Squawk Box Europe Express