News

COMMENT

Friday 18 July 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Friday 18 July 2014
BRITISH airline shares fell sharply yesterday on news that a Malay­sian Airline Boeing 777 had been shot down over eastern Ukraine.
Friday 18 July 2014
Rising geopolitical risks sparked by a downed Malaysia Airlines jet over Ukraine and an Israeli ground offensive in the Gaza strip yesterday dragged down American markets.
Flight MH17
Thursday 17 July 2014
Several airlines have now confirmed that they are avoiding Ukrainian airspace after a Malaysian Airlines jet crashed in eastern Ukraine. Flight MH17 came down near the Russian border, in the Donetsk region of Ukraine, earlier today.
Thursday 17 July 2014
Traders have reacted to news that a Malaysian Airlines plane has crashed in eastern Ukraine by selling off stocks, especially of airlines.
Flightrader24 map
Thursday 17 July 2014
MH17, the plane which went down over eastern Ukraine near the Russian border, can be seen on the map below in its last transmitted location.
MH17 wreckage
Thursday 17 July 2014
A plane belonging to Malaysian Airlines has gone down over eastern Ukraine, near the Russian border.
Comcast CEO on stage in front of logo
Thursday 17 July 2014
A business which makes its money from the internet might be expected to understand how the internet works - specifically, that customers like to complain on social. Not Comcast, apparently.
Thursday 17 July 2014
When Airbnb launched its rebranded logo in San Francisco last night, it knew it would get a fair bit of attention but it couldn’t have anticipated that the new logo would be trending at number one on Twitter for eight hours.  
Tidal lagoon
Thursday 17 July 2014
The development of tidal lagoons as a source of electricity could bring significant economic benefits to the UK.   
Heron Tower
Thursday 17 July 2014
The City of London has decided to delay a controversial vote over whether to grant the Heron Tower permission to rename itself after its biggest tenant Salesforce, in a new twist to the saga.
Morgan Stanley
Thursday 17 July 2014
Morgan Stanley has beaten both analyst expectations and its main competitors as its second quarter results showed a huge surge in profits - 132 per cent - compared to the same period last year.
David Cameron and Jean-Claude Juncker
Thursday 17 July 2014
They tried to put their differences behind them - David Cameron insisted they could work together after saying rather
Satya nadella, Microsoft boss
Thursday 17 July 2014
Microsoft is cutting a whopping 18,000 staff including 40 per cent of Nokia’s workforce after it acquired the Finnish firms device business earlier this year.
BT office with logo
Thursday 17 July 2014
BT is ambitiously launching itself back into the competitive mobile market with its One Phone mobile business service after escaping more than a decade ago when it sold off O2.
van Gaal tulip portrait
Thursday 17 July 2014
Bookmakers William Hill took a novel approaching to welcome Dutch legend Louis van Gaal to the Premier League. 
eurozone
Thursday 17 July 2014
The European Central Bank (ECB) will give Eurozone lenders just two weeks to come up with plans to deal with any capital shortfalls after it completes a review of the currency union's most important banks this autumn.
Restaurant review
Thursday 17 July 2014
A food blogger has been fined after her searing review of a French restaurant ranked too highly in Google search results.  
Cambridge
Thursday 17 July 2014
Despite the talk of the London housing market overheating, it is Cambridge where houses are selling like hot cakes. 
Construction
Thursday 17 July 2014
This time it's construction.
James harding in frony of BBC sign
Thursday 17 July 2014
The BBC is axing 415 jobs from its news department as part of efforts to save millions of pounds.
Eurostar train
Thursday 17 July 2014
Eurostar has announced a two per cent rise in passenger numbers in the first half of 2014 but admitted revenues have suffered from the World Cup effect. 
Man City team celbrating Premier League win
Thursday 17 July 2014
Manchester City and Japanese car maker Nissan have signed a five-year sponsorship deal that includes a tie-up with the club's growing portfolio of football teams around the world.
Emirates Airbus A380
Thursday 17 July 2014
Emirates Airlines has called on aircraft manufacturer Airbus to improve the efficiency of its A380 superjumbos.   
ITV dish
Thursday 17 July 2014
It seems to be the season for media dealmaking; as 21st Century Fox courts Time Warner, Liberty Global has paid out £481m for a minority stake in ITV. 
Mike Ashley
Thursday 17 July 2014
Sports Direct has seen its share price drop two per cent following initial gains. The sportswear retailer reported its end-of-year results today, showing £239.5m in profit before tax, a 15.6 per cent rise on the 2013 figure. 
GlaxoSmithKline
Thursday 17 July 2014
GlaxoSmithKline (GSK) has admitted that members of its staff were caught bribing Chinese officials back in 2001, according to the Financial
Rupert Murdoch
Thursday 17 July 2014
Rupert Murdoch has his sights on creating a $150bn (£88bn) media behemoth by shelling out $80bn for the takeover of Time Warner and merging it with his own 21st Century Fox empire, a plan that hit a roadblock last month when Time Warner rejected h
Thursday 17 July 2014
Lloyds sent borrowers letters from its own law firm under a different name for decades, the bank admitted yesterday.
US Treasury letter
Thursday 17 July 2014
US Treasury boss Jack Lew has urged Congress to crackdown on so-called tax inversions, the strongest sign yet the Obama administration is determined to ban the practice.
Thursday 17 July 2014
Private health firm Spire Healthcare yesterday opted for the lower end of its previously published share price range for its imminent stock market float in London.
Thursday 17 July 2014
OVER half of UK businesses think the country’s energy security is worse than it was five years ago and 96 per cent are concerned about how to afford their gas and electricity bills, according to a new survey from the Confederation of British Indus
Thursday 17 July 2014
THE US unveiled fresh sanctions against Russian firms and decision-makers involved in the Ukraine crisis yesterday, with the EU also strengthening its stance.
Thursday 17 July 2014
City workers made the most of the sun yesterday, visiting the new market on Bishopsgate, under the shadow of the Heron Tower.   
Thursday 17 July 2014
THE EMPLOYMENT rate in the UK economy has now returned to a record-equalling high during the three months to May, at 73.1 per cent, official figures confirmed yesterday.
Thursday 17 July 2014
FALLING unemployment and a rise in the number of jobs announced yesterday both failed to boost the value of wages, which grew 0.7 per cent in the quarter compared to a year ago, excluding bonuses.
Thursday 17 July 2014
Three major UK companies suffered significant shareholder revolts yesterday on a busy day for annual general meetings – and, inevitably, the City grandee Sir John Peace was at the centre of one of the dramas.
Thursday 17 July 2014
SPORTS Direct founder Mike Ashley stunned the City yesterday after pulling out of a controversial £200m bonus scheme just weeks after winning investors’ support.
Thursday 17 July 2014
Severn Trent yesterday said that it was trading in line with expectations and planned to raise its dividend by 5.6 per cent this year, although its operating costs were set to rise due to inflation, taxes and higher energy spending.
Thursday 17 July 2014
Bank of America Merrill Lynch is next in line for a multi-billion dollar settlement for toxic mortgage sales in the pre-crisis years, it emerged yesterday.
John Donahoe
Thursday 17 July 2014
Ebay revenue rose by 13 per cent in the second quarter, swelling to $4.4bn (£2.57bn), roughly in line with analyst estimates.
Thursday 17 July 2014
THE WORLD’S biggest money manager BlackRock showed no signs of slowing down yesterday after taking assets under management to over $4.5 trillion (£2.6 trillion).
Royal Mail van
Thursday 17 July 2014
Royal Mail yesterday announced it might face a significant fine, as its European parcel delivery subsidiary General Logistics Systems (GLS) is being targeted by the French competition authority as part of a widespread antitrust investigation.
Rupert Murdoch
Thursday 17 July 2014
Exactly three years ago this weekend, Rupert Murdoch was sat plonked in front of a group of disapproving MPs.
Thursday 17 July 2014
The government yesterday committed £15m over the next five years to kick-start the creation of a new oil and gas regulator. This was the recommend­ation of by Sir Ian Wood in his report on how to max­imise the North Sea’s resources.
Thursday 17 July 2014
Price comparison sites may be giving customers poor information, particularly when selling insurance prod­ucts, the Financial Conduct Au­th­ority (FCA) said yesterday.
Thursday 17 July 2014
A group of estate agents yesterday announced that they had joined forces to create an online property portal to challenge the dominance of Zoopla and Rightmove. They said the portal would launch in January under the name OnTheMarket.
Thursday 17 July 2014
Apple continued to dominate app store revenues during the second quarter with its iOS iPhone and iPad app store providing around 80 per cent more revenue than Google’s Play app store, according to research from app analytics firm App Annie.
Carphone Warehouse
Thursday 17 July 2014
Carphone Warehouse is in advanced negotiations with mobile operator Three to launch its own branded mobile offering on the network, akin to Tesco Mobile or Virgin Mobile.
Thursday 17 July 2014
SHARES in mining giant Rio Tinto jumped three per cent yesterday, after the firm showed that its plan to aggressively ramp up iron ore output was well underway.

Pages