By: Billy Ehrenberg

Billy Ehrenberg is a Data Journalist and Content Developer at City A.M. He can be contacted at billy.ehrenberg@cityam.com. He is particularly passionate about data visualisation and telling stories with numbers.

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Ebola outbreak sees pharma company Tekmira shares soar over drug hopes

August 4, 2014

As the fear of Ebola spreads, shares in one pharmaceutical company rose over 15 per cent in early trading. Tekmira Pharmaceuticals (Nasdaq: TKMR) saw its shares rocket on reports the US Food and Drug Administration (FDA) is willing to work with companies to develop treatments for Ebola. Tekmira had been trialling an Ebola drug in June [...]
Argentina in default: What happens next?

August 4, 2014

Argentina may be in denial, but pretty much everyone else (including several ratings agencies) thinks the South American country is in default. What happens next is fascinating, as John Hartley explains for Forbes. In a show of popularism, the Argentine president, Cristina Fernandez de Kirchner, claimed on television that the nation was not in default: that it [...]
UK construction sector beats expectations as activity in the housing sector is at its highest since 2003

August 4, 2014

The UK construction sector is continuing to grow strongly, albeit at a slightly lower pace than in June. According to purchasing managers' index (PMI) data from Markit, the sector recorded a reading of 62.4, just above the consensus expectation of 62 and only slightly behind June's growth of 62.6. Any score above 50 indicates growth. [...]
Bank of Portugal to rescue Banco Espirito Santo, create ‘bad bank’

August 4, 2014

Banco Espirito Santo (BES) is set to be split in two and injected with government money in an attempt to save the floundering Portuguese bank. The government will inject €4.9bn into the ailing bank, which has seen its share price drop 65 per cent since last Wednesday. Shares were finally pulled during last Friday's trading. One [...]
HSBC expected to set aside extra £75m for PPI

August 4, 2014

HSBC is readying itself for a second wave of charges as the industry's bill for the mis-selling of payment protection insurance (PPI) swept past £23bn. The bank is expected set aside an extra £75m, with the exact amount given in its half-yearly results, released at 9:15 this morning. The extra funds put the total payments for [...]
Banco Espirito Santo set to be bailed out by state aid package

August 3, 2014

TROUBLED Portuguese lender Banco Espirito Santo is expected to be split into a “bad” and “good” bank, under a multi-billion euro state rescue plan being hashed out by Lisbon and European authorities, people familiar with the talks said yesterday. The plan, aimed at saving a bank that had been engulfed by the dramatic fall of [...]
Manchester United manager Louis van Gaal installs video cameras to watch players during training

August 3, 2014

New Manchester United manager Louis Van Gaal has wasted little time imposing himself on his new club. Famed for being somewhat dictatorial in his approach to management, the Dutchman has now turned training into something like a scene from Orwell's 1984. According to ESPN, £500,000 worth of video recording equipment has been set up around [...]
Portuguese television reports state aid for Banco Espirito Santo

August 3, 2014

Stricken Portuguese lender Banco Espirito Santo is set to be recapitalised using state aid, according to SIC, a Portuguese television station. SIC did not offer a source for the information, but claimed an official announcement would be made this evening (3 August). How Santo will be recapitalised is unclear: the government may decide to invest [...]
Does marriage make men fatter?

August 3, 2014

Marriage, apparently, may lead to fatter men. Research carried out by the Institute for Health and Wellbeing at Leeds Metropolitan University has shown that married men change their eating habits drastically and put on weight, whilst simultaneously consuming more wine than their single counterparts. According to the Sunday Times, the report, commissioned by the Men’s Health Forum charity, [...]
UK rental prices: Is it time to stop buying?

August 3, 2014

House prices have been on a surge in the last 12 months and despite a recent slowing of the market many first time buyers are finding themselves priced out of the market. The ONS released figures on rental prices this week that make for interesting reading and imply that an answer to high house prices could be [...]

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By: Billy Ehrenberg

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