Mark Kleinman: Is £300bn Shell merger Total summer speculation? August 1, 2024 In this week's column, Mark Kleinman tackles the Shell merger, Cineworld closure and Dan Wagner's Rezolve AI.
The Olympics are about building a better world, not just muscles August 1, 2024 There’s more to the Olympics than “faster higher, stronger” – they inspire generations to create a more tolerant, inclusive society, says Matt Hardy The Olympic Games are more than sport and ego; they are an appreciation of dedication, patriotism and the highs and lows of humankind. Already we have seen the sheer jubilation of Adam [...]
Raising capital gains tax would be a big mistake August 1, 2024 City A.M.’s consistent warning that the government will raise taxes in their first Budget have been vindicated. Rachel Reeves admitted that “I think we will have to increase taxes” to the News Agents podcast. Labour will no doubt rebut accusations that this is a violation of their election pledges with references to their weaselly caveat [...]
Fed holds interest rates for eighth straight but signals cuts are coming July 31, 2024 The Fed voted to leave interest rates on hold for the eighth consecutive meeting and did not give any clear sign that rate cuts were on the way.
Just Eat: Shares spike, but is there trouble ahead? July 31, 2024 Just Eat beat market expectations in its first-half results and announced a share buyback of up to €150m (£126m). The market responded well: the takeaway giant’s share price rose by over eight per cent on Wednesday. True, adjusted earnings before interest, tax, depreciation and amortization (EBITDA) at the Amsterdam-headquartered company surged 42 per cent, but [...]
Opera out to hit high notes in the Nassau July 31, 2024 THERE’s more Group One action to look forward to on today’s card from Glorious Goodwood, with the Nassau Stakes (3.35pm) for the fillies and mares. Aidan O’Brien has won four editions of the Nassau, but hasn’t triumphed since Winter’s victory in 2017, and the master of Ballydoyle relies on OPERA SINGER here. This daughter of [...]
Crisfords’ Mey looks like a Daan good bet in the Gordon July 31, 2024 WHILE the Nassau naturally takes precedence today, my eye is also drawn to the Gordon Stakes (3.00pm). This race is rarely a big-field cavalry charge, and it won’t be this year either with only five runners, but I still think there are bets to be had. Jan Brueghel is going to be the hot favourite, [...]
Net zero plan ‘long overdue’: UK shipping warns it’s falling behind on decarbonisation July 31, 2024 The shipping industry is concerned the govenrment is mismatching priorities, with the aviation sector's bid to decarbonise mentioned in the King's Speech.
The £22bn black hole row: Who’s telling the truth? July 31, 2024 Rachel Reeves and Jeremy Hunt are slinging accusations at each other about the state of the public finances. But who is right?
Magnificent Seven market concentration is a problem everywhere, not just on Wall Street July 31, 2024 ‘Market concentration’ is a phrase on the lips of a lot of the market right now, especially as the Magnificent Seven tech stocks continue to swell in size. The Magnificent Seven is made up of the Big Five tech stocks; namely Alphabet, Amazon, Apple, Meta and Microsoft, plus Nvidia and Tesla. Making up more than [...]