12 min listen
SQUAWK BOX, FRIDAY 4TH JUNE, 2021
ratings:
Length:
25 minutes
Released:
Jun 4, 2021
Format:
Podcast episode
Description
U.S. President Joe Biden signs an executive order banning investment in 59 blacklisted Chinese tech and defence companies. Stateside, markets slide weighed down by tech stocks, with all eyes on today’s non-farm payroll report. We hear exclusively from Russian oil minister Alexander Novak who says Moscow could back out of dollar-denominated oil contracts should Washington persist in its sanctions. Meanwhile, UK travel is back in turmoil after the British government takes Portugal off its Covid travel green list while adding seven nations to its red list. The aviation and tourism sectors nosedive on the unexpected move. And a potential blockbuster deal looks to be in the works with billionaire Bill Ackman in talks to take a 10 per cent acquisition of Universal Music Group through his blank-cheque company. The valuation is estimated at $35bn-$40bn ahead of its listing on the Euronext Amsterdam later this year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 4, 2021
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, MONDAY 18TH MARCH, 2019 by Squawk Box Europe Express