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SQUAWK BOX, WEDNESDAY 7TH JULY, 2021

SQUAWK BOX, WEDNESDAY 7TH JULY, 2021

FromSquawk Box Europe Express


SQUAWK BOX, WEDNESDAY 7TH JULY, 2021

FromSquawk Box Europe Express

ratings:
Length:
27 minutes
Released:
Jul 7, 2021
Format:
Podcast episode

Description

Chinese ride-hailing app Didi Chuxing has sparked a sell-off on its first trading day in New York after Beijing authorities ordered a cyber security review into the company. We hear from French Economy Minister Bruno Le Maire who voices confidence that the new global corporate tax deal will be endorsed and welcomed across both Europe and the U.S. The Pentagon annuls a deal with Microsoft secured during the Trump administration. The Jedi Cloud contract, worth $10bn, will now spark a bidding war with Amazon. In energy news, the Opec+ output policy stalemate forces oil prices to slide from their six-year high. Saudi Arabia’s Energy Minister Abdulaziz Bin Salman tells CNBC that the cartel remains united. And Chinese Tesla rival, Xpeng, has launched its Hong Kong IPO, raising $1.8bn. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 7, 2021
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.