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City A.M. Content

  • Gold demand in third quarter weakest for eight years

    November 9, 2017

    Gold demand dropped to an eight-year low in the third quarter as flows into exchange-traded funds (ETFs) weakened and jewellery demand in India dragged. Demand for the yellow metal fell by nine per cent year-on-year to 915 tonnes, according to data published today by the World Gold Council (WGC). ETFs inflows added 144 tonnes of [...]

  • Ashes setback as England seamer Jake Ball suffers ankle injury

    November 9, 2017

    All-rounder Chris Woakes did little to douse concerns over the fitness of Jake Ball after the seamer limped out of England’s warm-up clash against a Cricket Australia XI in Adelaide with a sprained ankle. The 26-year-old’s right ankle appeared to buckle during the fourth over of the home side’s innings to compound England’s injury problems [...]

  • Activist shareholder Sir Chris Hohn requests meeting to remove London Stock Exchange chairman Donald Brydon

    November 9, 2017

    Activist shareholder Sir Chris Hohn today upped the stakes in his battle with the London Stock Exchange (LSE) Group, requesting an extraordinary shareholder meeting as part of a dramatic bid to remove chairman Donald Brydon. Hohn, head of The Children’s Investment (TCI) fund, believes Brydon is forcing out LSE chief executive Xavier Rolet. He has [...]

  • Young Lions? Gareth Southgate’s England are younger than nearly every other major nation at the World Cup

    November 9, 2017

    The inclusion of uncapped youngsters Ruben Loftus-Cheek, Tammy Abraham and Joe Gomez in Gareth Southgate’s latest England squad is just the latest indication of the manager’s willingness to play raw talent in the national team. In a year in which England’s various youth-level sides have conquered the world, the senior outfit has also said goodbye [...]

  • Argentina’s Daniel Hourcade hits back at Eddie Jones’s pressure taunts as England prepare for Pumas

    November 9, 2017

    Argentina coach Daniel Hourcade has hit back at England counterpart Eddie Jones, insisting their rivals’ status as the No2 side in the world means the pressure is on them to perform at Twickenham on Saturday. Jones, who described England’s clash with the Pumas as their biggest of the year, suggested that Hourcade is under scrutiny [...]

  • England manager Gareth Southgate insists he’s no soft touch on injuries after spate of withdrawals

    November 9, 2017

    England manager Gareth Southgate insists he is no soft touch on injuries and that the litany of players who have declared themselves unavailable for international duty all had genuine reason to pull out. Southgate’s preparations for Friday’s friendly against Germany and Tuesday’s with Brazil have been severely undermined by a raft of withdrawals this week, [...]

  • Penny Mordaunt named international development secretary

    November 9, 2017

    Penny Mordaunt has been promoted to the cabinet, taking the international development seat vacated by Priti Patel last night. The Portsmouth North MP, who has been the minister for disabled people since Theresa May became Prime Minister last summer, was the favourite as she maintains both the delicate balance of views on Brexit within the [...]

  • Lords demand the chancellor agrees a “post-Brexit standstill” for financial services

    November 9, 2017

    A Lords committee has written to Philip Hammond demanding he seek a post-Brexit “standstill transition period” for the financial services sector. In the letter the chair of the EU financial affairs sub committee chair Baroness Falkner said it was clear the sector required a period in which the status quo was maintained after numerous hearings [...]

  • Michel Barnier: There is no middle way on Single Market or customs union

    November 9, 2017

    The EU’s chief negotiator Michel Barnier has told the UK there is no compromise position on the Single Market or customs union. Barnier, who was speaking in Italy before joining the latest round of formal negotiations in Brussels, said the UK needed to be aware that any decision to leave the European Union and its [...]

  • Coca Cola HBC shares rally as board confirms succession plan in progress after sudden death of CEO Dimitris Lois

    November 9, 2017

    FTSE 100 bottling firm Coca Cola HBC said this morning that it has started a succession process following the sudden death of its chief executive last month. Dimitris Lois passed away early last month, just weeks after announcing he was temporarily stepping down on medical leave. Read more: Coca-Cola HBC AG leads FTSE 100 top [...]

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