News

COMMENT

Snapchat app
Wednesday 27 August 2014
Evan Spiegel, the 24-year-old founder of Snapchat, must finally feel some vindication in his decision to turn down Facebook’s hefty $3bn (£1.8bn) offer for the hugely popular app last year.
Tesco
Wednesday 27 August 2014
Tesco's rival Asda has eaten away at its market share, while more than half of Brits now shop at budget grocers Aldi and Lidl, according to Kantar Worldpanel figures.   
Putin and Poroshenko
Wednesday 27 August 2014
Ukraine's President Petro Poroshenko has vowed his commitment to end fighting between Ukrainian troops and pro-Russian separatists in the east of the country.   
Michael O’Leary
Wednesday 27 August 2014
In its latest attempt to expand its no-frillls image - and boost its bottom line - Ryanair has announced plans to offer a business class service on flights.
Better Together
Wednesday 27 August 2014
Over 130 businesses have joined together to sign a letter to be published in Wednesday's Scotsman, slamming the case for Scottish independence.
RBS
Wednesday 27 August 2014
Shares in Royal Bank of Scotland fell 0.5% in early trading on Wednesday, after it was fined £14.5m for “serious failings” in the way it advised customers about mortgage loans, in another blow for the embattled bank.
Foxtons
Wednesday 27 August 2014
Foxtons has reported a 57.1 per cent rise in pre-tax profit for the six months to 30 June.  
Burger King
Wednesday 27 August 2014
Burger King and US tycoon Warren Buffett were forced to defend a £7bn (£4.25bn) takeover of Canadian chain Tim Hortons yesterday amid mounting political tension in America over tax inversions.  
Russian gas supply
Wednesday 27 August 2014
Europe will be reliant on Russian gas for at least the next decade with little alternative, analysts have claimed.
Emmanuel Macron
Wednesday 27 August 2014
Embattled French President Francois Hollande announced his new government yesterday, re­placing his rebellious economy minister with former Rothschild banker Emmanuel Macron.
Ed Miliband
Wednesday 27 August 2014
Scottish estate agents are blaming the country’s ban on tenancy fees for a recent rise in rents, indicating that the Labour party may face a similar challenge if it brings in the same rule for the UK after 2015.
Wednesday 27 August 2014
A sharp uplift in goods orders and the highest consumer confidence in nearly seven years were recorded in the US yesterday, adding weight to evidence of the economy’s increasingly solid expansion.
Wednesday 27 August 2014
A US judge has dismissed the London Metal Exchange (LME) from a lawsuit in America which had accused it, along with a number of banks and commodities companies, of aluminium price-fixing.
Portobello Road in Notting Hill
Wednesday 27 August 2014
London house price growth will slow to nothing in 2016, as interest rates rise and properties become increasingly unaffordable, according to research yesterday
Wednesday 27 August 2014
Bank of New York Mellon was yest­erday hit by a double whammy after Argentina stripped its licence to oper­ate in the country. And it was revealed that George Soros had laun­ch­ed legal proceedings in London against it.
Wednesday 27 August 2014
The complex and opaque structured bonds blamed for exacerbating the credit crunch have turned out to be relatively safe investments, credit ratings agency Standard and Poor’s insisted yesterday.
Wednesday 27 August 2014
The UK is fast become the dominant European hub for renminbi trading, with payments in the Chinese currency more than doubling in size over the last year.
Wednesday 27 August 2014
Mayor of London Boris Johnson has taken the first step towards rejoining the House of Commons by submitting his application to stand as the Conservative candidate in Uxbridge and South Ruislip in 2015.
Michael Tobin
Wednesday 27 August 2014
Shares in data centre provider Tele­city plunged nearly six per cent in trading yesterday following the shock resignation of outspoken chief executive Michael Tobin.
Wednesday 27 August 2014
The Russian government yesterday closed another three branches of McDonald’s, despite official denials that the shutdowns were related to sanction efforts against western governments.
Wednesday 27 August 2014
RAVEN Russia said yesterday that it planned to boost its payout to shareholders after a positive set of results, despite warning that sanctions on Russia could pose an increasing risk to the company.
Wednesday 27 August 2014
The world's largest advertising company, WPP, reported a 1.5 per cent rise in profit to £532m in the first half of the year yesterday, hampered by the effects of a strong pound.
Wednesday 27 August 2014
The Sochi Winter Olympics in February were a key turning point in the West’s deteriorating relationship with Russia, says WPP boss Sir Martin Sorrell who now lists the Russian crisis as the most threatening of his unknown unknowns – or “black sw
Wednesday 27 August 2014
REGUS boss Mark Dixon sought to ease concerns after the company ann­ounced yesterday it had brought forward its expansion plans, saying the benefits would far outweigh costs to the business in the short term.
Wednesday 27 August 2014
The Japanese government yesterday gave Fujifilm the go ahead to make an experimental anti-flu drug available for use on ebola patients.
Wednesday 27 August 2014
LONDON-listed Cable & Wireless Communications (CWC) has acquired Panama-based Grupo Sonitel, an IT and telecoms business with clients in Panama, El Salvador, Nicaragua and Peru, for $36m (£21.7m).
Wednesday 27 August 2014
STRONG revenue growth was eliminated at international distribution and outsourcing group Bunzl in the first half of the year due to the strength of sterling, as it also continued its acquisition drive.
Twitch
Wednesday 27 August 2014
Amazon's $970m (£585m) takeover of eSport video website Twitch on Mon­day pushed the value of global tech M&A (mergers and acquisitions) so far this year to $174bn, its highest level since 2000, according to industry data.
Wednesday 27 August 2014
THE UK’S economy is outstripping all other big rich countries, the Organisation for Economic Co-operation and Development (OECD) said yesterday.
Wednesday 27 August 2014
ASSETS like gold and US government bonds could be vulnerable to a crunch as the recovery takes off, Blackrock warned yesterday.
Wednesday 27 August 2014
Northern Irish radio and television broadcaster UTV Media reported a 13 per cent jump in first-half revenue as its radio stations drew in fans for the 2014 FIFA World Cup.
Wednesday 27 August 2014
SWISS bank Pictet published its financial results yesterday for the first time in its 209-year history.
Wednesday 27 August 2014
TRANSPORT group Stagecoach yesterday reported “satisfactory” second quarter revenue growth across all its divisions.
Wednesday 27 August 2014
New banks want to establish themselves as a fresh alternative to the dominant high street banks which have taken the blame for the financial crisis. But it is a tough ask.
Wednesday 27 August 2014
MINING giant Antofagasta saw its shares slump yesterday, after it rev­ealed its profits had taken a big hit in the first half, with the lower price of copper and higher costs damaging its bottom line.
Wednesday 27 August 2014
NET PROFIT at oil services provider Petrofac fell by a huge 44 per cent during the first half of 2014, though the company said it expected a much stronger second half would keep it on course to meet full-year profit targets, as it also revealed re
Wednesday 27 August 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Wednesday 27 August 2014
BRITAIN’S top equity index rose yesterday, with financial stocks outperforming, amid expectat­ions of new economic stimulus measures from the European Central Bank.
Wednesday 27 August 2014
WALL Street’s record-setting rally continued yesterday as the S&P 500 notched its 30th record of the year and closed above 2000 for the first time ever.
Manual Valls
Tuesday 26 August 2014
French Prime Minister Manuel Valls has pledged to hold a parliamentary confidence vote which will take place in the Autumn, reports AFP.
Uber
Tuesday 26 August 2014
In a delicious twist of irony, a California state senator was arrested on Saturday for driving under the influence of alcohol only hours after voting for legislation that would subject the taxi app service Uber to a host of burdensome regulations.
Burger King statement
Tuesday 26 August 2014
Burger King was forced to issue a statement claiming its merger with doughnut business Tim Horton was “not tax-driven” after receiving a barrage of criticism on social media today.   
Entrepreneurs
Tuesday 26 August 2014
A study by the US Senate committee has exposed a large gender imbalance in entrepreneurship, with women lagging behind men in many of the areas crucial for business success.  
Boris Johnson
Tuesday 26 August 2014
Boris Johnson has been out of parliament for six years. As mayor he has been pro-business and is quoted as saying:  
Kensington Homes
Tuesday 26 August 2014
Figures by Zoopla published on Tuesday show almost 500,000 homeowners in the UK are now property millionaires. According to the figures, the number of streets
Ecigarette
Tuesday 26 August 2014
In a major intervention into the heated debate surrounding ecigarettes the World Health Organisation (WHO) has called for devices to be banned indoors and prohibited for minors.
Marcos Giron playing tennis
Tuesday 26 August 2014
There’s a lot of talk about wearables - clothes combining smart technology- but much of it is still in the hypothetical or early beta stages.
Tim Hortons branch
Tuesday 26 August 2014
Burger King has agreed to create the world's third-largest fast food restaurant by buying Canadian coffee and doughnut chain Tim Hortons.
London Bridge Station
Tuesday 26 August 2014
Today is the first day commuters faced the partial shutdown of London Bridge station which means quite a bit of disruption for anyone travelling through or near the area. Here's how day one went.

Pages