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Friday 14 November 2014
Lazard banker Antonio Weiss is set to become Barack Obama’s top domestic policymaker on banking and finance, as the president’s pick for the US Treasury. Weiss is the global head of investment banking at Lazard.
Friday 14 November 2014
SOUTH African brewing giant SAB­Miller yesterday posted below-expectation earnings and a drop in margins for the first half, with the numbers hit by a poor performance in Asia-Pacific.
Friday 14 November 2014
THE BRITISH distributor of electronic products for engineers, Electro­compon­ents, posted 2.8 per cent revenue growth to £616.4m in the first half of the year to 30 September yesterday.
Friday 14 November 2014
STANDARD Chartered has a substantial capital buffer and is well ahead of regulatory require­ments, its chief executive Peter Sands said yesterday.
Friday 14 November 2014
Ministers have given the green light to a new London Underground station at Battersea, following plans to extend the Northern Line from Kennington, via Nine Elms.
Friday 14 November 2014
PRIVATE equity firm 3i delivered strong first-half results yesterday, but issued a warning about the increasing political uncertainty in Europe.
Friday 14 November 2014
NORTHERN Irish radio and television broadcaster UTV yesterday announced a nine per cent increase in revenue to £84.7m in the nine months to 30 September, thanks in large part to improving economic conditions in the UK and Ireland.
Friday 14 November 2014
EUROSTAR yesterday unveiled 10 new 200mph trains, which will begin ferrying passengers between London and the continent by the end of next year.
Friday 14 November 2014
Ted Baker posted a jump in third-quarter sales yesterday as its fast-growing portfolio of stores overseas helped to ease the impact of the warm Autumn weather that has plagued re­tailers in the UK.
Friday 14 November 2014
Game Digital has enjoyed a 17 per cent year-on-year revenue rise, due to increasing hardware sales and growth of its digital gaming offering.
Friday 14 November 2014
STANDARD & Poors has downgraded Twitter to “junk” status, sending its shares to shed five per cent. The credit rating agency cited cashflow issues for the BB- rating.
Friday 14 November 2014
WORLD economic sentiment has dipped for the fourth quarter, with China and the Eurozone weighing on expectations.
Friday 14 November 2014
HOUSING market activity in London is now lagging behind the rest of the country, new figures reveal today.
Friday 14 November 2014
HOUSE repossessions and the number of mortgages in arrears have fallen to their lowest levels since 2008.
Friday 14 November 2014
A MEASURE of how much value non-financial firms add to the economy reached £1 trillion for the first time in 2013.
Friday 14 November 2014
THE ECONOMY needs more thrifty savers and fewer debt-fuelled splurges, Treasury minister Andrea Leadsom said yesterday. She called for more competition in the banking market, as well as a new drive to promote financial education.
Friday 14 November 2014
INFLATION in the Eurozone’s four largest economies failed to register any significant pick-up in October.
Friday 14 November 2014
WEST End developer Great Portland Estates (GPE) said yesterday it would splurge £500m on its development pipeline as it looked to take advantage of London’s booming office market.
Friday 14 November 2014
EUROPE’S largest media group Reed Elsevier yesterday agreed to buy a US healthcare data firm, in a deal City A.M. understands to be worth around $150m (£95.27m), to boost its Lexis Nexis business in the world’s largest healthcare market.
Friday 14 November 2014
NORTH Sea focused oil and gas company Ithaca Energy reported revenue of $290m (£184m) for the nine months ended September 2014, down from $302m in the same period of last year.
Friday 14 November 2014
US INTERNATIONAL law firm Latham & Watkins announced yesterday it had advised Saudi Arabia’s largest bank, The National Commercial Bank, on its 22.5bn rand (£3.8bn) initial public offering (IPO).
Friday 14 November 2014
CF Woodford Equity Income Fund, headed by top British fund manager Neil Woodford, yesterday agreed to pour £2.6m into toilet firm Propelair.
Friday 14 November 2014
ENGINEERING firm Atkins yes­ter­day reported a 9.2 per cent drop in revenue for the six months to Sept­ember 2014, down to £831m from £915m in the same period of 2013.
Friday 14 November 2014
OIL AND gas company Gulf Keystone Petroleum stated yesterday that it was on track to achieve production of 40,000 barrels of oil per day (bopd) at its Shaikan operation in Kurdistan by the end of 2014.
Friday 14 November 2014
LONDON-based oil and gas exploration company Premier Oil yesterday announced plans to slow progress at its Sea Lion project in a bid to cut costs as protection from lowered oil prices.
Friday 14 November 2014
THE GERMAN owner of Npower, RWE, yesterday reported a nine per cent drop in revenue, to €35.3bn (£30bn), in the first three quarters of 2014.
Friday 14 November 2014
INSURANCE group Catlin has reported gross written premium of $4.9bn (£3.1bn) for the first nine months of 2014, up 11 per cent on the $4.4bn reported in the same period of last year.
Friday 14 November 2014
DUBAI ports operator DP World will ask shareholders permission to delist its shares from the London Stock Exchange from next year.
Friday 14 November 2014
BRITISH and Broadcasting has been dropped by Britain’s largest Pay TV operator BSkyB as it adopted Sky as its official name yesterday after completing the £7bn takeover of its European sister companies, Sky Deutschland and Sky Italia.
Friday 14 November 2014
London-based international Law firm Simmons & Simmons has raided competitor Dentons for its Africa specialist Paul Bugingo (pictured).
Friday 14 November 2014
BROADCASTER ITV celebrated its “best outperformance of the market for five years” yesterday, as the company saw broadcast ad revenues rise six per cent “well ahead of the UK television advertising market”, according to its chief executive.
Friday 14 November 2014
WAL-MART reported a higher-than-expected profit as comparable sales at its US stores rose for the first time in seven quarters, helped by higher prices.
Friday 14 November 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Friday 14 November 2014
Spencer Ogden
Friday 14 November 2014
THE FTSE bounced back yesterday from the previous day’s fall, with holiday cruise company Carnival and retailer Dixons Carphone among the top performers.
Friday 14 November 2014
ENERGY shares fell their most in a month, as crude prices slid, dragging on Wall Street despite gains in Wal-Mart and consumer and tech stocks.
Twitter
Thursday 13 November 2014
Twitter’s share price dropped almost by almost six per cent today, after its bonds received a junk rating from Standard & Poor’s.  
Thursday 13 November 2014
From Legal & General boss Nigel Wilson to WPP boss Sir Martin Sorrell, you could barely move at the fifth annual City A.M. Awards - held last night at the Grange St Paul's Hotel - without bashing elbows with a few City grandees.
New Covent Garden Market
Thursday 13 November 2014
The UK’s biggest fresh produce market is getting a makeover.   Plans to upgrade the New Covent Garden Market’s 40 year old facilities and build thousands of new homes have been given the green light.  
Sky
Thursday 13 November 2014
Sky’s long-term corporate credit rating has been cut following the completion of its £7bn takeover of Sky Italia and Sky Deutschland yesterday.  
Roman Abramovich
Thursday 13 November 2014
Not only are Chelsea a table-topping team currently pulling away of all competitors, they are also rapidly becoming one of the Premier League’s best businesses.  
Matt Taylor
Thursday 13 November 2014
He's been trending on Twitter all day – the tattooed physicist from East London who was one of the key scientists behind yesterday's comet landing.   
Federal reserve
Thursday 13 November 2014
The Federal Reserve in the US has been looking to extract itself from its quantitative easing (QE)  programme over the last 18 months, but feared if it did so too soon, it would cause turmoil in the financial markets.
Amazon boxes
Thursday 13 November 2014
It's a brave brand that takes on the might of Amazon - but US publisher Hachette gave it a good go, arguing that it should have control over the price of its ebooks.
ISIS
Thursday 13 November 2014
Coalition airstrikes are taking their toll on the Islamic State (I.S) group's revenue streams, yet the US said today that the terrorist organisation still earns "several million" dollars per week.  
Thursday 13 November 2014
Twitter chatter about the BBC One drama Sherlock has generated millions in free advertising spend for London's tourism industry, according to new research by Film London.
Share price chart
Thursday 13 November 2014
Shares in Quindell have dived again after investment firm Fidelity revealed it has cut its stake in the business by half.
Plans for new Silicon Roundabout development
Thursday 13 November 2014
A new radical plan for Old Street roundabout in Shoreditch, the home to many of Tech City’s startups, could transform the area into a pedestrian square.
Thursday 13 November 2014
With August marking 100 years since the outbreak of the First World War, our troops leaving Afghanistan and ISIS marauding across the Middle East, remembrance seems ever more poignant this year.   

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