NFL HQ was target of New York gunman who killed four, says mayor July 29, 2025 The NFL is believed to have been the original target of the gunman who killed four people on Monday, according to New York City mayor Eric Adams. Examiners think that 27-year-old Shane Tamura, of Las Vegas, was trying to get into the NFL headquarters after shooting several people in the building’s lobby, but ended up [...]
Village Hotels in the red after takeover by Blackstone June 30, 2025 Village Hotels fell into the red in the year it was taken over by US private equity giant Blackstone, it has been revealed. The Warrington-headquartered chain slumped to a pre-tax loss of £23.5m for 2024, according to new accounts filed with Companies House. The firm has said the loss was mainly due to exceptional costs. [...]
Rumours of the dollar’s demise have been greatly exaggerated June 19, 2025 We are in the thick of global summitry, rolling from the G7 in Canada towards the NATO meeting in The Hague next week. President Trump is conducting foreign policy via social media, the prime ministers of the UK and Canada are having a pint in the pub and the French President is making stopovers in [...]
Blackstone takes stake in UK airports group for £235m March 28, 2025 Blackstone has bought a 22 per cent stake in AGS Airports in a deal valued at £235m, it has been announced. The agreement sees AviAlliance offload some of its holdings in AGS, which owns Aberdeen, Glasgow and Southampton airport, although it will retain a majority 78 per cent stake. AGS was acquired by PSP, one [...]
Blackstone: Shakira’s songs stay, but ‘Hipgnosis’ name goes March 12, 2025 Blackstone has rebranded its $3bn (£2.32bn) music investment business to ‘Recognition’, letting go of its former name ‘Hipgnosis’, as it prepares for new acquisitions and consolidates its assets. This decision follows the company’s takeover of the Hipgnosis Songs Fund in 2023, which held the rights to songs by the likes of Shakira, Fleetwood Mac, and [...]
Blackstone targets Warehouse REIT for £470m takeover March 4, 2025 Warehouse REIT’s stock price has jumped almost 18 per cent after it was revealed the investment trust had rejected four separate bids for a takeover from US private equity giant Blackstone. Blackstone, as part of a consortium with investment giant Sixth Street, made a £470m offer for the investment trust last week, it announced today. [...]
Alton Towers operator Merlin Entertainments names new top boss February 17, 2025 Merlin Entertainments, the global giant which runs the likes of Alton Towers, Legoland and Madame Tussauds, has named a new full-time chief executive. Fiona Eastwood has been appointed to the role after serving on an interim basis since November 2024. Eastwood succeeds Scott O’Neil who stepped down after two years in the job. O’Neil had [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
Women’s football and NFL: The biggest sports deals of 2024 December 31, 2024 Sport has been full of deals in 2024 with Premier League clubs being taken over, cricket selling stakes in franchise teams and transfers sending sports fans mad. But which were the standout deals of the last 12 months? Founder of SportsInvest Advisory Achille de Rauglaudre takes a look. March: Women’s football on the rise 2024 [...]
Bosses at world’s biggest banks: Britain is ‘ready for investment’ October 14, 2024 Bosses at five of the world’s biggest banks, along with a host of insurers, private equity firms and tech giants, have backed a push to invest in the UK ahead of the government’s flagship investment summit today. More than a dozen executives signed a letter stating that they were optimistic about the future of the [...]