The Girl Power puzzle: What women really, really do (and don’t) want | City A.M. July 25, 2018 Girl Power seems to be the feminist mantra these days – on T-shirts, mugs, and across a whole shelf of sparkly notebooks in Paperchase. Does this phrase make anyone else feel a little bit nauseous? (And this from an original Spice Girls fan.) Let’s start with “girl” – what’s so bad about that? Well, nothing, [...]
Coinbase announces a new deal to let you pay for your Uber with crypto | City A.M. July 25, 2018 Coinbase has today revealed a new partnership that will allow you to pay for physical goods and services from your favourite retailers with cryptocurrencies. The deal, which will be powered by WeGift, enables Coinbase users to buy an electronic gift card, load it with cryptocurrency from their Coinbase wallet and then use them at over [...]
Trump is planning a $12bn bailout for US farmers hurt by its trade war | City A.M. July 24, 2018 US President Donald Trump has today unveiled an aid programme for US farmers totalling $12bn (£9.1bn), in a bid to help those affected by international trade disputes. Dubbed a “short-term relief strategy to protect agricultural producers while the administration works on free, fair, and reciprocal trade deals” by the US Department of Agriculture (USDA), the [...]
Trevor Steven: Liverpool are winning the transfer window so far, plus my verdict on Tottenham, Chelsea, Manchester City, Manchester United and Arsenal | City A.M. July 24, 2018 With the window closing in just two weeks’ time, the most surprising thing about this summer’s Premier League transfer activity is just how little business has been done so far. Of the top six teams to have traded, however, Liverpool stand out as having made the strongest signings by a distance. Alisson, whose £67m move [...]
Facebook has quietly set up shop in China, despite its sites being blocked there | City A.M. July 24, 2018 Facebook has opened a subsidiary with $30m (£22.2m) in registered capital in China, using its Hong Kong business as the sole shareholder. An official business registration was filed for the company in Hangzhou last week, Reuters first reported. Its operations will include network information technology development and related services, investment consultancy and marketing planning. Facebook’s [...]
Cryptocurrency Bitcoin hits $8000 in bullish price surge as confidence grows | City A.M. July 24, 2018 Bitcoin has bounced back to its highest level in over two months today, marking a wider revival for cryptocurrencies after a tough start to the year. According to Coindesk’s bitcoin price index, the world’s largest cryptocurrency surged above $8000 earlier today in a feat not seen since late May, while also enjoying its highest control [...]
‘Tariffs are the greatest!’ Donald Trump goads EU ahead of Juncker meeting | City A.M. July 24, 2018 Donald Trump has goaded the EU ahead of tomorrow’s visit from Jean-Claude Juncker, saying “tariffs are the greatest”. The US President, who has imposed a series of tariffs on steel and aluminium products entering the US from countries including EU member states, is due to meet with the President of the European Commission tomorrow. Juncker [...]
Beat the heat: Five deceptively simple ways to keep cool in the office during the summer heatwave | City A.M. July 24, 2018 Summer is here, and so are long hours of working in a sweaty office. Even if your office doesn’t have air con, there are easy hacks to keeping cool: here are five ways to help you survive the heat wave and stay comfortable during the working day. 1. Wear the right clothes It’s a no [...]
IG Group predicts 10 per cent revenue hit from leverage limits after record year | City A.M. July 24, 2018 Spreadbetting firm IG today warned that it expects imminent limits on the leverage available to traders to push down revenues in 2019 after reporting record revenues for the year. Net operating income rose 17 per cent year-on-year to hit £571.2m in the year ending in May, IG said. Profits rose by 34 per cent to [...]
Debate: After Tesco revealed plans to launch a discount chain, can it compete with Aldi and Lidl? | City A.M. July 24, 2018 After Tesco revealed plans to launch a discount chain, can it compete with Aldi and Lidl? Yes – Tim Smith is head of retail at Konica Minolta Marketing Services. One of Tesco’s strengths is having the confidence to observe and learn from the work of other retailers. After investing in the customer journey and looking [...]