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City A.M. Content

  • Overvalue your house at your peril

    July 17, 2022

    Getting the price right is key to a successful sale, says Marlon Lloyd Malcolm head of sales at Lurot Brand One of the main reasons ven- dors are left with a bad taste when selling their home stems from incorrect valuations. This often results in the home sitting on the market and ultimately selling for less than [...]

  • ‘Delete Twitter’ searches soar by 204 per cent as app crashing and Musk deal falters

    July 15, 2022

    Searches for “Delete Twitter” surged by 204 per cent after the app crashed and Elon Musk pulled out of his $44bn (£37.2bn) bid to buy the social media platform. Searches to delete Twitter rose to more than double the average amount after users were unable to load any content on the app yesterday, research by [...]

  • Insurers could speed up rewriting policies to reduce exposure to claims following crypto crash 

    July 15, 2022

    The drastic crash in the crypto market could lead to insurers speed up rewriting policies to reduce exposure to claims. Following the crypto rout, which has seen prices of major cryptocurrencies plummeting and wiped out billions of dollars from the market, insurers will likely review or amend policy wordings to avoid indirectly insuring losses from [...]

  • UK in good stead to regulate crypto as specific laws needed, S&P Global says

    July 15, 2022

    The UK is in strong position to regulate crypto and remain a financial hub as tailored laws are needed to prevent investors from facing “substantial risk”, S&P Global said.  “Crypto asset investors face substantial risk without built-for- purpose laws and regulation,” the financial information giant said in a report yesterday. “Policymakers will have to move [...]

  • Shakeout continues as the price of Bitcoin shuffles sideways

    July 15, 2022

    Bitcoin price is holding a steady line at $20,800 - up five per cent over 24 hours, but down three per cent across the week.

  • EP: 146 Newbury, Market Rasen & Hong Kong

    July 15, 2022

    Newbury hosts the feature flat meeting in England where the Group 3 Hackwood Stakes and the always competitive Super Sprint for 2-year-olds take centre stage. It’s a big day’s racing at Market Rasen on Saturday when the annual Summer Plate, run over an extended 2 miles 5 furlongs, will attract a huge racing crowd. City [...]

  • NFT marketplace OpenSea lays off 20 per cent of staff as crypto crash persists 

    July 15, 2022

    OpenSea, the world’s biggest NFT marketplace, has cut 20 per cent of its staff as the severe crypto rout hits firms across the industry. CEO Devin FInzer announced the cuts yesterday, saying, “We have entered an unprecedented combination of crypto winter and broad economic instability, and we need to prepare the company for the possibility [...]

  • Europe biggest market for US crude oil for first time in six years as Russia-Ukraine war rages on

    July 15, 2022

    For the first time in six years, Europe was the top market for US crude oil as the Russia-Ukraine war continues to impact global markets. Europe overtook Asia, the previous top market, and received 213.1m barrels of crude while Asia received 191.1m barrels of American crude in the first five months of 2022, US Census [...]

  • The theories behind a crypto cycle all add up to some number crunching

    July 14, 2022

    Crypto AM meets Globe Derivative Exchange CEO James West - a man who likes to play the numbers game with trends.

  • Exclusive: 75 per cent of corporate legal departments are over budget

    July 14, 2022

    The majority of corporate legal departments are running over budget, with almost a third doing so “substantially”.  Around sixty per cent have seen an increase in their workload over the past year, but they have struggled to cope with budgetary constraints, and are over-spending. The data was published in the 2022 State of the Corporate [...]

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