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      BP suffers shareholder revolt over climate U-turn at crunch AGM

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City A.M. Content

  • Virgin Atlantic pilot strike action up in the air amid fatigue row

    August 6, 2023

    Virgin Atlantic is heading into turbulence pilots are revving up for a potential strike later this year, demanding an end to the pandemic changes that aimed to rescue the airline from bankruptcy.  British Airline Pilots’ Association (Balpa), the union representing the pilots, has raised “serious concerns” about pilot fatigue and wellbeing as 96 per cent [...]

  • Arsenal’s Aaron Ramsdale takes stance against homophobia in football

    August 4, 2023

    Arsenal goalkeeper Aaron Ramsdale has spoken out against homophobia in football. Ramsdale’s brother is part of the LGBTQ community and in a statement, the 25-year-old said he wants football to be “a safe and welcoming place for everyone.” Giving a statement to Sky News, he said he was tired of hearing homophobic chanting and has [...]

  • A nation driving innovation – why the UK is still a great place for global fintech companies

    August 4, 2023  |  Sponsored

    Martin Heraghty, Regional Director Europe, Paymentology As an international financial powerhouse, the UK – and in particular London – is a great place for a fintech company to be based – even when times are tough.  Despite the economic fallout of Brexit, soaring inflation and the cost of living crisis, the UK is still ranked [...]

  • Why Houghton festival is the best of the August music festivals

    August 4, 2023

    Houghton festival takes place August 10 – 13 in Norfolk If you fancy a dance this summer, and are into electronic music, try Houghton festival in Norfolk. Other than having a particularly beautiful setting, there are a few reasons we particularly love this event. There is music pretty much round-the-clock, with sets from some of [...]

  • EP: 220 Glorious Goodwood – Saturday

    August 4, 2023

    The Group 2 Lillie Langtry Stakes and the highly competitive Stewards’ Cup Handicap sprint are the feature races on the final day of Glorious Goodwood 2023. City AM Racing editor Bill Esdaile previews the best of Saturday’s racing action from the West Sussex track. Hosted by Chris Barnett. The Punter ‘The Punter’ has been City [...]

  • Parity shares surge 13 per cent after gloomy update and job cuts mooted

    August 4, 2023

    Shares in data and technology recruitment company Parity rallied on Friday morning after it announced it was chopping revenue guidance for its upcoming trading update. Parity group’s shares spiked over 13 per cent on Friday morning even after it said it expects revenue in the first half of 2023 to decline 10 per cent from the [...]

  • Amazon forecasts bright third quarter on resilient cloud sales and shopping trends

    August 4, 2023

    Amazon reported sales growth and profit that beat expectations as the company delivered goods faster and more cheaply to shoppers while recent cloud-computing headwinds began to subside. Amazon’s Wall Street shares surged nine per cent on the news, extending its stock market value more than $120 billion in after-hours trading. On the FTSE 100 index, [...]

  • There are crypto scams and greedy grabbers, but Bitcoin keeps proving itself to be above it all

    August 4, 2023

    Despite having his feet up on the edge of the pool, cold beer in hand, Jason Deane somehow finds the time for some Bitcoin contemplation.

  • Capita shares plummet 11 per cent as contractor reveals cyber attack cost £25m

    August 4, 2023

    Capita shares slumped 11.4 per cent on Friday morning after it said a recent data breach could cost it up to £25m. The government contractor, which provides data and IT outsourcing processes, said this morning it expects a major cyber attack in March could cost it £20-25m, as an investigation nears its close. This figure is [...]

  • WPP profits tumble 51 per cent as advertising giant shifts focus to AI plans

    August 4, 2023

    The world’s biggest advertising firm WPP reported a “resilient” performance in the first half of the year despite plunging profits as they start to build out AI plans. WPP reported profit before tax for the first half of 2023 dropped 51 per cent to £204m, compared to £419m compared to the first half of 2022. [...]

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