SQUAWK BOX, TUESDAY 19TH JULY, 2022

Russia’s Gazprom has declared ‘force majeure’ on certain natural gas supplies into Europe provoking criticism from German utility Uniper. Apple shares tumble on the news that the tech giant will slow hiring and investment in some units as recession fears weigh. Goldman Sachs and Bank of America beat earnings expectations but both CEOs express concerns over inflation. Japanese conglomerate Softbank will postpone the London listing of microchip producer Arm following the recent political upheaval in the UK.