Bitcoin and Ethereum take a breather after a busy week for crypto markets June 19, 2023 Bitcoin is sitting comfortably above $26k, while Ethereum’s Ether is trading in line and hovering around $1.7k this morning.
Coco-Cola HBC share price knocked after drinks giant snaps up vodka group for £172m June 19, 2023 Coca-Cola HBC, the bottler of Coca-Cola products, has seen its share price knocked after it revealed plans to snap up a Finland-based Vodka group for $220m (£172m). The soft-drink company’s latest move comes as it looks to expand its presence within the alcoholic drinks market, while already bottling popular Italian apéritif Aperol. Today it revealed [...]
BAT shakes up top team as it ploughs ahead with growth through cigarette alternatives June 19, 2023 Lucky Strike maker British American Tobacco (BAT) has shaken up top level management with a string o senior appointments – including a new chief operating officer. The rejuvenation of its top team follows the departure of the group’s ex chief executive Jack Bowels who was replaced by Tadu Marroco. Marroco, the firm’s former finance director [...]
EP: 207 Royal Ascot – Tuesday June 19, 2023 Three Group 1 races for us to enjoy on the first day of Royal Ascot as the best week of international racing gets underway on Tuesday. The Queen Anne, the King’s Stand and the St. James’s Palace Stakes all look to provide a great deal of excitement for flat racing fans, and we get to [...]
The Punter Summary Podcast 20 June June 19, 2023 Here’s your chance to hear all of City AM racing editor Bill Esdaile’s best racing tips for Tuesday at Royal Ascot in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting [...]
Online retail firms in trouble as punters turn back to the high street June 19, 2023 E-commerce retailers which were bolstered by Brits stuck at home during the pandemic are now going bust, a new report shows, as the cost of living crisis continues to eat away at businesses. The number of insolvencies of UK e-commerce businesses rose 71 per cent to 529 in the past year, up from 309 in [...]
P&O launches world’s largest hybrid and double-ended ferry in the Channel June 19, 2023 The world’s largest hybrid, double-ended ferry marks its maiden voyage in the English Channel today as part of a £250m investment from P&O Ferries to cut emissions and bolster its Dover-Calais route. Double-ended P&O Pioneer can carry 1,500 passengers and 700 vehicles and will help to bring a 40 per cent reduction in carbon emissions, [...]
Energy boss revives social tariff push as winter pain looms June 19, 2023 The government needs to use data to provide targeted support for up to 10m households ahead of winter, reigniting calls for a social tariff.
‘Constructive’: US and China meet in bid to cool tensions June 18, 2023 US secretary of state Anthony Blinken and China’s foreign minister Qin Gang met today in Beijing to begin a two-day set of talks. Whilst neither side expects a major breakthrough to emerge, US officials said the main goal is to stabilise a relationship that has become extremely tense. The talks come at a time of [...]
McDonald’s UK expansion plans hamstrung by beefy bureaucracy, says boss June 18, 2023 McDonald's' UK boss has warned that it can take up to three years to achieve planning permission for a restaurant - slowing down expansion plans