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City A.M. Content

  • Nisa shopkeepers try to block Co-op takeover ahead of vote

    November 5, 2017

    A set of Nisa shopkeepers are hoping to block a takeover of the business by the Co-operative Group. The Co-op made an offer to buy convenience store Nisa for £137.5m last month, with the board unanimously voting in favour of the deal. The shopkeepers will vote on the merger on 13 November. More than half [...]

  • Imperial Brands is expected to reassure the market with new next generation products

    November 5, 2017

    Imperial Brands, the maker of Winston, Kool and Gauloises cigarettes, is expected to post a rise in full-year profit as it gears up to launch new next generation products, potentially including heat-not-burn products, next year. Imperial initially resisted the move into heated tobacco products, but in its half-year results, it was forced to assure analysts [...]

  • Ford plans to bring its Chariot commuter shuttle bus to London

    November 5, 2017

    Ford’s commuter shuttle bus network could soon be coming to the capital. The firm’s Chariot service uses a fleet of Ford 15-seater transit vans to ferry passengers along popular routes in the likes of San Francisco and Austin, Texas, as well as New York. It looks to supplement public transit bus routes and local trains [...]

  • Snapchat owner Snap results: Analysts to look for positive growth in user engagement and ad revenue

    November 5, 2017

    Analysts will be on the look out for some positive news from Snap this week as the company reports third quarter earnings, with user engagement and advertising revenue growth set to go under the microscope. The Silicon Valley tech firm and maker of messaging app Snapchat has floundered since its float on the New York [...]

  • Ex-Catalan leader Carles Puigdemont turns himself in to Belgian police as prosecutors consider Spain’s arrest warrant

    November 5, 2017

    The ousted Catalan leader Carles Puigdemont has handed himself in to police in Belgium along with four former ministers. A European arrest warrant was issued by Spain, where the government sacked him as leader of the region following the independence referendum. A judge will decide by Monday morning whether to execute the warrant. Read more: [...]

  • President Donald Trump has spoken to Saudi king about Aramco listing in US on NYSE or Nasdaq

    November 5, 2017

    Donald Trump has spoken with the Saudi king about listing oil giant Aramco in the US, the President has revealed, and it’s something the country is considering. Speaking on a visit to Japan on Sunday Trump said he “just spoke to the king a while ago and they will consider it”. It comes a day [...]

  • Billionaire Saudi prince with Twitter, Apple, Canary Wharf and London Savoy investments Alwaleed bin Talal detained in anti-corruption crackdown

    November 5, 2017

    The billionaire Saudi prince Alwaleed bin Talal known for his investments in top tech firms such as Twitter and Apple, has been detained as part of an anti-corruption crackdown by the country’s crown prince Mohammed bin Salman. Shares in his Saudi-listed business Kingdom Holdings plunged more than nine per cent on the Saudi stock exchange [...]

  • Damian Green denies porn allegations after claims it was found on computer used in parliament

    November 5, 2017

    Damian Green, the most senior minister in Theresa May’s government, has denied claims that pornographic material was found on a computer he used in parliament. “The story is completely untrue and comes from a tainted and untrustworthy source,” he said in a statement. Read more: Spacey ditched from ING conference over fears he will “distract” [...]

  • Turkish Airlines Open prize money 2017: How much can players win as Race to Dubai heats up?

    November 4, 2017

    European Tour golfers at this weekend’s Turkish Airlines Open have €7m (£6.2m) in prize money waiting for them, with a top reward of €985,495 earmarked for the victor. And as the first of the Tour’s three end-of-season Race to Dubai series, it falls at an important time for those such as Englishman Tommy Fleetwood who [...]

  • Bonfire Night 2017: British consumers spend £497m on fireworks night

    November 4, 2017

    It’s fireworks weekend, with the majority of Brits planning to either attend a display or host their own Bonfire Night celebration. But new research from Wonga has found that even in an environment where most consumers are spending less on leisure activities, many are willing to see their cash go up in smoke for the [...]

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