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SQUAWK BOX, WEDNESDAY 29TH JANUARY, 2020

SQUAWK BOX, WEDNESDAY 29TH JANUARY, 2020

FromSquawk Box Europe Express


SQUAWK BOX, WEDNESDAY 29TH JANUARY, 2020

FromSquawk Box Europe Express

ratings:
Length:
27 minutes
Released:
Jan 29, 2020
Format:
Podcast episode

Description

Correction territory… fears over the coronavirus drives the Hang Seng towards its worst month since August, following a global market sell-off after the Lunar New Year holiday. The death toll has now hit 140, with 1,500 new cases being confirmed yesterday alone, including in Germany and Sri Lanka. Chinese President Xi Jinping calls on his country to pull together in defeating the spread of the virus. In the U.S., Apple delivers a record quarter, beating profit and revenue forecasts. The tech giant says it is monitoring how the coronavirus may unfold. The effects of the outbreak, however, have already impacted LVMH. Despite posting record-breaking revenues for 2019, Q4 sales in Hong Kong have plunged by 40 per cent and the French luxury group has moved to shut its stores in the territory. We are also live in Madrid where Santander has reported record annual revenues and increased its dividend.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 29, 2020
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.