Power Lunch Europe
Encyclopedia
Power Lunch Europe is a television business news program
me on CNBC Europe
, aired from noon to 1 pm CET
(11 am to noon WET
) each weekday, though it shares little with its U.S. counterpart
other than its name. The programme was most recently presented by Louisa Bojesen, but has been on hiatus
since January 2009.
, Euronext
Paris
, and the Frankfurt Stock Exchange
), as well as several of the minor exchanges, commodity and bond trading, and United States
futures exchange
s. The second half, presented from the desk, consisted of a number of interviews.
The programme was given a major revamp on 26 March 2007, in line with significant schedule changes at the network. The programme titles were re-coloured and a new theme tune was introduced. The Investor's Clinic segment of the programme, where viewers' questions are put to a panel of guests, has been increased in frequency to twice-weekly, and the Halftime Report now fills only the final fifteen minutes of the programme, focusing on just the equity market
s. Other new segments introduced at this time include Research Notes, a daily look at changes in analyst
ratings, and an update on the top stories in the United States from Worldwide Exchange
anchor Michelle Caruso-Cabrera
(since replaced by Brian Shactman
).
The programme is regularly extended to two hours on days of European Central Bank
and Bank of England
interest rate announcements (and on those occasions, pre-empts the second hour of US Squawk Box
), and also on US holidays (when Squawk Box is not aired).
(and for those viewers in the Republic of Ireland
who also receive the UK feed) by Strictly Money
, a new programme focussing on UK specific issues. Strictly Money will air for an initial 12-week period from 12 January 2009. In the rest of Europe, Squawk Box
will air in its entirety for the interim. Strictly Money has continued to air past this twelve-week period, and any return of Power Lunch has not been indicated.
Strictly Money, which is presented by Ross Westgate
(who is also the Europe anchor of Worldwide Exchange
), soon became a permanent fixture on the CNBC Europe schedule and many of the segments that used to appear on Power Lunch Europe have moved over to Strictly Money.
News program
A news program, news programme, news show, or newscast is a regularly scheduled radio or television program that reports current events. News is typically reported in a series of individual stories that are presented by one or more anchors...
me on CNBC Europe
CNBC Europe
CNBC Europe is a business and financial news television channel, the pan-European sister station of CNBC. The network is owned and operated by NBC Universal and headquartered in London, where it shares the Adrian Smith-designed 10 Fleet Place building with Dow Jones...
, aired from noon to 1 pm CET
Central European Time
Central European Time , used in most parts of the European Union, is a standard time that is 1 hour ahead of Coordinated Universal Time . The time offset from UTC can be written as +01:00...
(11 am to noon WET
Western European Time
Western European Time , defined legally as Greenwich Mean Time in the United Kingdom, is the time zone covering parts of western and northwestern Europe, and includes the following countries and regions:...
) each weekday, though it shares little with its U.S. counterpart
Power Lunch
Power Lunch is a television business news program on CNBC, airing between 1:00pm and 2:00pm Eastern Time. It is presented by Tyler Mathisen, Sue Herera, and Michelle Caruso-Cabrera. Simon Hobbs will fill in on occasion. Bill Griffeth anchored the program alone from 1996 to 2002...
other than its name. The programme was most recently presented by Louisa Bojesen, but has been on hiatus
Hiatus (television)
In television scheduling, a hiatus refers to a break of at least several weeks in the normal schedule of a broadcast programming. It can occur during a season of a television program, or can be between television seasons .- Planned hiatus :Many times television stations will implement a hiatus...
since January 2009.
Format
For many years, prior to March 2007, the format of the programme remained constant. The first half of the show consisted solely of a segment called Halftime Report, presented from the CNBC Europe video wall. This detailed the major trades from each of the major European bourses (the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, Euronext
Euronext
Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...
Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, and the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...
), as well as several of the minor exchanges, commodity and bond trading, and United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
futures exchange
Futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of...
s. The second half, presented from the desk, consisted of a number of interviews.
The programme was given a major revamp on 26 March 2007, in line with significant schedule changes at the network. The programme titles were re-coloured and a new theme tune was introduced. The Investor's Clinic segment of the programme, where viewers' questions are put to a panel of guests, has been increased in frequency to twice-weekly, and the Halftime Report now fills only the final fifteen minutes of the programme, focusing on just the equity market
Stock market
A stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.The size of the world stock market was estimated at about $36.6 trillion...
s. Other new segments introduced at this time include Research Notes, a daily look at changes in analyst
Financial analyst
A financial analyst, securities analyst, research analyst, equity analyst, or investment analyst is a person who performs financial analysis for external or internal clients as a core part of the job.-Job:...
ratings, and an update on the top stories in the United States from Worldwide Exchange
Worldwide Exchange
Worldwide Exchange is a television business news program on CNBC channels around the world. It is broadcast live from studios on three continents. The global program is anchored by Ross Westgate in London, Christine Tan in Singapore and various anchors in New York...
anchor Michelle Caruso-Cabrera
Michelle Caruso-Cabrera
Michelle Caruso-Cabrera is an American business news General Assignment Reporter for CNBC television. She formerly co-hosted the Worldwide Exchange program airing from 4-6am ET . Caruso-Cabrera announced her departure from the show on 2007-10-19...
(since replaced by Brian Shactman
Brian Shactman
Brian A. Shactman is an American journalist for CNBC, a United States business channel he joined in June 2007 as a general assignment reporter and substitute anchor for CNBC's Business Day Programming. He is now a co-anchor on Worldwide Exchange along with CNBC Europe's Ross Westgate in London and...
).
The programme is regularly extended to two hours on days of European Central Bank
European Central Bank
The European Central Bank is the institution of the European Union that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt,...
and Bank of England
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...
interest rate announcements (and on those occasions, pre-empts the second hour of US Squawk Box
Squawk Box
Squawk Box is a business news television program which airs at breakfast time on the CNBC network. The program is currently co-hosted by Joe Kernen, Rebecca Quick and Andrew Ross Sorkin. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of...
), and also on US holidays (when Squawk Box is not aired).
Hiatus
On 15 December 2008 CNBC Europe announced that the programme was to be replaced in the United KingdomUnited Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
(and for those viewers in the Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...
who also receive the UK feed) by Strictly Money
Strictly Money
Strictly Money was a business news programme aired on CNBC Europe in the United Kingdom and for domestic customers in the Republic of Ireland, each weekday at 11:00am Western European Time...
, a new programme focussing on UK specific issues. Strictly Money will air for an initial 12-week period from 12 January 2009. In the rest of Europe, Squawk Box
Squawk Box
Squawk Box is a business news television program which airs at breakfast time on the CNBC network. The program is currently co-hosted by Joe Kernen, Rebecca Quick and Andrew Ross Sorkin. Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of...
will air in its entirety for the interim. Strictly Money has continued to air past this twelve-week period, and any return of Power Lunch has not been indicated.
Strictly Money, which is presented by Ross Westgate
Ross Westgate
Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme, Worldwide Exchange Ross Westgate is an English financial journalist for CNBC Europe in London, where he is a co-anchor of the global business news programme,...
(who is also the Europe anchor of Worldwide Exchange
Worldwide Exchange
Worldwide Exchange is a television business news program on CNBC channels around the world. It is broadcast live from studios on three continents. The global program is anchored by Ross Westgate in London, Christine Tan in Singapore and various anchors in New York...
), soon became a permanent fixture on the CNBC Europe schedule and many of the segments that used to appear on Power Lunch Europe have moved over to Strictly Money.