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SQUAWK BOX, TUESDAY 18TH FEBRUARY, 2020
SQUAWK BOX, TUESDAY 18TH FEBRUARY, 2020
ratings:
Length:
25 minutes
Released:
Feb 18, 2020
Format:
Podcast episode
Description
A shock warning… Apple says it will fail to meet quarterly revenue guidance, as the coronavirus outbreak disrupts iPhone sales and weighs on demand. Asian Apple suppliers sell off, dragging on the broader equity markets. HSBC says 35,000 jobs will be lost over the next 3 years amid the lender's strategy overhaul. The bank's shares see red in Hong Kong after full-year profit misses expectations, falling 33 per cent. In commodities news, strong iron ore prices help lift half-year profit at BHP but the miner still posts a slight miss, as CEO Mike Henry tells CNBC the coronavirus impact has been limited. In Italy, Intesa Sanpaolo makes a nearly €5bn bid for UBI Banca, which could create the eurozone’s seventh-largest bank. And Facebook’s CEO Mark Zuckerberg is in Brussels where the EU’s industry commissioner saying the social media giant must adapt to the bloc’s rules rather than the other way around.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 18, 2020
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX EUROPE EXPRESS 11th MARCH 2019 by Squawk Box Europe Express