Apple reveals fastest ever Macbook Pro with new professional features and leather cases | City A.M. July 12, 2018 Apple has today announced the new Macbook Pro 2018 as its fastest performing notebook ever, with larger memory and better security. While the dimensions and display of the new Macbook Pro are completely unchanged from last year’s models, Apple has updated the internal hardware to its most advanced offering yet. The computer comes with an [...]
Star former Barclays trader convicted of Euribor rate rigging | City A.M. July 12, 2018 A former Barclays star trader has been found guilty of rigging the Euribor rate while the jury failed to reach a verdict on three other traders today. Former Barclays trader Philippe Moryoussef was found guilty of conspiracy to defraud on June 29. Deutsche Bank trader Achim Kraemer was earlier found not guilty of the same [...]
US President Donald Trump claims Nato spending to increase “substantially” amid warnings over US membership | City A.M. July 12, 2018 Donald Trump announced that Nato members will significantly increase their military spending, after he apparently threatened to pull the US out. In an impromptu press conference this morning, Trump said he had “told people he would be very unhappy if they did not up their commitments very substantially”. He claimed the combined additional sum would [...]
Central London office space under offer soars to 18-year high | City A.M. July 12, 2018 Central London office space under offer has soared to an 18-year high, according to the latest figures from global real estate advisor CBRE. Roughly 4.3m square feet (sq ft) of offices in the centre of the capital was under offer in the second quarter of this year, rising 39 per cent over the three months [...]
Meet Auspex International, a new venture by the former staff of Cambridge Analytica | City A.M. July 12, 2018 The former staff of Cambridge Analytica have set up a new data analysis business, using the same methods as their predecessor, to focus on social and political campaigns in the Middle East and Africa. Auspex International officially launched last night, although Companies House filings show the business was incorporated on 7 June. So far the [...]
DFS share price drops: Sofa retailer issues profit warning | City A.M. July 12, 2018 Furniture retailer DFS has issued a profit warning this morning, blaming warm weather, consumer confidence and logistical issues. Shares in the company fell more than 10 per cent in early trading. This was despite like-for-like order intake momentum exceeding expectations in the third quarter. Underlying earnings for the full year are now expected to be [...]
Why I invited Donald Trump to the Museum of London | City A.M. July 12, 2018 London is a fascinating, open, ever-evolving and polyglot city. We are intelligent but curious, a haven of knowledge and tradition, but always on the lookout for the latest idea. We are proud of what makes us special, but open to new cultures. We’ll happily eat pie and liquor, kimchi, or jollof rice, and dance to [...]
World Cup 2018: England dream ends with Croatia semi-final defeat, but new era is just beginning | City A.M. July 12, 2018 There was hope. Then suddenly it was gone, extinguished by an extra-time goal, a swipe of Mario Mandzukic’s left boot, the biggest of moments in the biggest of matches. England’s World Cup fairytale reached its unhappy ending in Moscow last night with a semi-final defeat to Croatia, a rude awakening to a dream of a [...]
MPs call for banks to pay for new tribunal system to settle disputes for small businesses | City A.M. July 12, 2018 A cross-party group of MPs has called for a new tribunal system for small firms to challenge big banks after a string of scandals of companies being driven to the wall by lenders. A new Financial Services Tribunal should be established to help resolve disputes between small firms and banks, a report published today by [...]
World Cup 2018: How Croatia exploited England’s nerves and space out wide to reach the final | City A.M. July 11, 2018 Coming into England’s biggest game in 28 years all the focus on Croatia was directed at two men: Luka Modric and Ivan Rakitic. The Real Madrid and Barcelona central midfielders offered the most obvious threat to Gareth Southgate’s side. Their ability to dictate play, pierce the defence and shoot from distance was rightly highlighted. However, [...]