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City A.M. Content

  • Chinese developer Country Garden says it cannot meet debt payment deadline

    October 10, 2023

    It had avoided defaults on debt even as rivals such as China's Evergrande, the world’s most heavily indebted property firm.

  • London firm Powerscourt set to be snapped up in £50m deal

    October 10, 2023

    London public relations agency Powerscourt is reportedly teetering on the edge of a sale to a US advisory firm in a deal which could be worth tens of millions. Powerscourt, which reps big name clients such as fashion retailer All Saints and gambling giant Entain, is set to bought by the US-based stakeholder advisory firm [...]

  • Bitcoin hanging on above $27k as cracks appear in crypto markets

    October 10, 2023

    Bitcoin (BTC) is still holding above $27k but it’s dipped by 0.89%, while Ethereum's Ether (ETH) is down by 2.5%. 

  • Potential buyers eye up Currys Greece and Cyprus arm

    October 10, 2023

    The British retailer put the business up for review in June just two years after it took on the business after its takeover of Dixons.

  • Net zero risks energy security, says OPEC, as cartel slashes oil output

    October 10, 2023

    Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.

  • YouGov full year revenue surges as it mulls over listing destiny

    October 10, 2023

    YouGov reported strong 2023 full year results, with revenue shooting up 17 per cent, as it continues to decide the fate of its listing location, currently on London's stock exchange.

  • Sir Elton John joins list of celebrity backers for new music technology business

    October 10, 2023

    Audoo, a  company which helps artists receive fairer royalty payments, has added Sir Elton John to its expansive list of celebrity backers. 

  • Billionaires Row: Mansions on London’s poshest street set to disappear

    October 10, 2023

    London's poshest postcode is undergoing a transformation, as developers look to convert Billionaire Row's flashy mansions into apartment complexes.

  • Spending on restaurants and takeaways drops as Brits tighten belts ahead of Christmas

    October 10, 2023

    September spelled further pain for restaurants and takeaways, with sales dropping as Brits cut back on eating out before the Christmas period. 

  • Retail sales lay limp in September as Indian summer rocks sector

    October 10, 2023

    UK total retail sales continued to limp along in September with growth up just 2.7 per cent against a figure of 2.2 per cent for September last year as an Indian summer and cost of living pressures walloped the sector.  Non-food sales declined 1.2 per cent on a total basis over the three months to [...]

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