Squawk Box Europe Express

Squawk Box anchors discuss the latest round of US-China trade talks resuming in Beijing, as Chinese stocks rally on hopes of progress. The S&P is on track to record its best Q1 since 1998 but legendary investor Warren Buffett says fears of an imminent slowdown in the global economy are justified. We preview today’s $24bn-listing of Lyft, which is the first public offering by a ride-hailing company. In London, on what was meant to be Brexit day, UK prime minister Theresa May is set to attempt another Parliament vote on her withdrawal agreement. We’re also talking about Huawei which has posted a 25% annual rise in profits despite what it calls a US campaign to ‘smear’ the company.

Squawk Box anchors discuss the UK parliament impasse following MPs’ rejection of all 8 of last night’s alternative Brexit decisions as well as Prime minister Theresa May’s resignation offer to break the deadlock. We discuss the move down in bond yields, as the US 10-year treasury yield hits the lowest level since 2017. We are live from Beijing to take a look at US and Asian market moves as China vows to open up to more FDI ahead of the next round of trade talks with Washington. Also, Saudi Aramco snaps up a majority stake in petrochemicals firm Sabic for $69bn. Elsewhere, ride-hailing company Lyft boosts its price range ahead of its IPO, chemicals giant Bayer is slapped with an $80m damages pay-out over another weed killer-related cancer case and we have an exclusive interview with former Italian prime minister Matteo Renzi.

Squawk Box anchors discuss the market moves in the US and Asia, with China outperforming the region despite its worst slump in industrial profits for 8 years. We have an exclusive with ECB executive board member Yves Mersch who insists EU industries must keep up with competition from the US and China. We’re live in Westminster where UK MPs are set to vote on amendments to the EU withdrawal deal amid talk of Prime Minister Theresa May setting a resignation date. And, in Germany, finance minister Olaf Scholz denies the government is pressuring Deutsche Bank and Commerzbank to merge.   

Squawk Box anchors discuss Apple’s unveiling of its new TV streaming, credit card and gaming services. Meanwhile, UK MPs vote to seize control of the Brexit agenda, allowing them to vote on alternatives to Prime Minister Theresa May’s withdrawal deal. We have detailed analysis from Westminster. Chinese market losses continue amid signs of a global slowdown but Standard Chartered CEO Bill Winters exclusively tells CNBC that recession fears are unfounded. Also, Uber is poised to swoop for Dubai ride-hailing service Careem in a multi-billion dollar deal.

Squawk Box anchors discuss the market sell-off in Asia after the inverted yield curve stateside sparks fears of a US recession, weighing on Wall Street. We speak to Chicago Federal Reserve President Charles Evans who downplays the concerns. Special Counsel Robert Mueller reports that there was no collusion between President Trump’s election campaign and Russia. Also UK prime minister Theresa May fails to win round Tory rebels during Brexit talks at her country retreat Chequers. And we have an exclusive interview with Italian deputy prime minister Luigi Di Maio about his country’s controversial endorsement of China’s Belt & Road Initiative.  

Squawk Box anchors discuss the US Federal Reserve’s decision to hold steady on rate hikes for 2019 as Chairman Jerome Powell warns of a global economic slowdown. President Trump is confident of a trade deal with China but says that tariffs on Chinese goods will remain for some time to make sure Beijing honours any final agreement. Meanwhile, UK Prime Minister Theresa May slams the House of Commons for forcing her to apply for a Brexit extension. Brussels has told her it will only delay the UK’s withdrawal by three months should MPs back her deal. And we have an exclusive with UBS CEO Sergio Ermotti who says that challenges remain in the equity markets following one of the worst first quarters in recent memory.

Squawk Box anchors discuss Chinese market uncertainty ahead of the expected next round of US-China trade talks, while Beijing correspondent Eunice Yoon brings the latest on reports suggesting the Chinese officials have begun backpedalling on commitments. FedEx shares slump as the shipping company cuts its profit forecast for the second time in three months. Meanwhile in the UK, Prime Minister Theresa May is to formally ask the EU for a short extension to Brexit to help secure a deal.

Squawk Box anchors discuss UK Commons Speaker John Bercow’s ruling out of a third meaningful Brexit vote this week, unless the motion is amended. We have detailed analysis live from our correspondents in Westminster and Brussels. Also, Facebook shares slump to their worst level this year following a downgrade while US crude holds near a four-month high after Opec cancelled its April meeting. Meanwhile, Boeing shares dip on the news that global regulators have discovered similarities between two recent fatal 737 MAX 8 crashes. We also take an in-depth look at recent Chinese market performance.

Squawk Box anchors discuss confirmation of the upcoming Deutsche Bank-Commerzbank tie-up talks. We are live in Moscow and have an exclusive interview with Russian billionaire Oleg Deripaska following his move to sue the US Treasury over sanctions. Also, we hear from Russian energy minister Alexander Novak in Baku, Azerbaijan, on Opec + oil output cuts plus all the latest on Brexit with Theresa May urging MPs to back her deal or risk a ‘Hotel California’-style divorce.  

Squawk Box anchors discuss the UK lawmakers’ vote to delay the Brexit date and we have detailed analysis about the fallout and possible permutations of an extension from Westminster and Brussels. They break news of Swiss banking giant UBS’ annual report, as the lender says it will be difficult to reach its financial targets this year given cautious client sentiment in the first quarter. Chinese Premier Li Keqiang pledges support for the flagging economy at the close of the annual National People’s Congress. Also in the headlines, Volkswagen is sued by the US SEC over the emissions scandal and there are multiple fatalities reported following a shooting at a mosque in Christchurch, New Zealand.

Squawk Box anchors discuss UK lawmakers voting to rule out a no-deal Brexit and sterling’s best one-day percentage gain since April 2017. They preview today’s upcoming vote on extending Article 50 with detailed analysis from Westminster and Brussels. Plus, US aviation authorities ground Boeing’s entire fleet of 737 MAX 8 planes citing links between two recent fatal crashes. We hear from the FAA’s acting administrator. Also, more signs of weakness in the Chinese economy as industrial output growth slumps to a 17-year low.

Squawk Box anchors discuss the defeat of UK Prime Minister Theresa May’s revised Brexit deal in parliament, with detailed analysis from Westminster and Brussels. We also take a look at how Sterling and markets have reacted since last night’s House of Commons vote. Plus, Boeing shares fall heavily after more regulators ground the jetmaker's 737 MAX 8 planes, dragging the Dow into negative territory, U.S. Secretary of State Mike Pompeo says America's shale revolution will strengthen the U.S. foreign policy agenda, and tells CNBC exclusively he's confident American companies can compete with China. Also, bond king Jeffrey Gundlach warns that stocks are still in a bear market and forecasts a U.S. recession.

Squawk Box anchors discuss UK PM Theresa May and European Commission President Jean-Claude Juncker’s Brexit deal changes, sterling reaction, US tech stocks soar while Boeing slumps, Deutsche Bank-Commerzbank merger talks, US Huawei warning to Germany, and former Barclays chairman Sir Gerry Grimstone on Brexit talks

Squawk Box anchors discuss Boeing, Ethiopian Airlines Crash, Markets, Non-Farm payrolls, Fed Chair Jerome Powell, Trump to release U.S. budget, US China trade talks, Brexit, Sterling under pressure, Deutsche Bank Commerzbank merger reports, Ghosn and Nissan.