By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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Eurozone inflation holds steady at 0.2 per cent in August

August 31, 2015

The Eurozone’s annual inflation rate held steady at 0.2 per cent in August, show figures released by statistics agency Eurostat today. Although unchanged month-on-month, inflation in the 19-country euro area remains low, and is down from 0.4 per cent a year ago. The biggest downward pressure comes from the energy sector, where prices have slumped [...]
German retail sales accelerate to beat forecasts with 3.3 per cent growth

August 31, 2015

German retail sales beat expectations, gaining 3.3 per cent year-on-year despite eurozone confidence being shaken by the Greek debt crisis. Economists were forecasting a growth of just 1.7 per cent so Germany’s bullish sales figures come close to doubling expectations. Monthly figures showed retail sales jumping by 1.4 per cent from June to July, according [...]
North Sea boost: Maersk gets production on Culzean gas field approved by UK Oil & Gas Authority

August 31, 2015

Maersk has got a green light for production on the largest gas field found in the North Sea for a decade. The UK Oil & Gas Authority has given the Danish energy company the go-ahead on the Culzean gas field, which is expected to hold some 250m barrels of oil. Once it reaches peak production, [...]
Google is secretly recruiting engineers through its search engine

August 31, 2015

With companies like Apple, Facebook and Google fighting tooth and nail to get the best tech talent, what’s a poor little Silicon Valley HR department to do to stand out? Google has cannily used one massive tool it has at its disposal, and is now recruiting engineers directly through its search engine: programmers googling the [...]
Where are UK companies founded? London has a startup rate over 14 times higher than Yorkshire

August 28, 2015

The UK’s startup scene is booming, with a record-high number of new companies founded last year – and London has the biggest share. Over half a million, 581,000, new startups were started in 2014, according to data from Companies House. With almost 80,000 of these in London, the UK capital has the lion’s share of [...]
Brazil’s economy pummeled anew on tumbling commodities

August 28, 2015

Brazil’s economy took another beating, as quarterly GDP figures showed the country’s economy shrinking at the fastest pace since 2009. Tumbling commodity prices and a corruption scandal are both weighing on the troubled South American powerhouse, as data released by government agency IBGE showed the country’s economy contracting by 1.9 per cent over the last [...]
HSBC customers not getting paid after IT failure

August 28, 2015

HSBC customers face payday woes today, after an IT glitch at the bank has left thousands without their salaries just ahead of the bank holiday weekend. It's unclear exactly what problems it's experiencing, but following a barrage of complaints from customers noticing that their paycheques were missing, the bank confirmed on Twitter that it was [...]
How New York City’s yellow taxis are fighting back at Uber through ride-hailing app Arro

August 28, 2015

London’s black cabs aren’t the only ones fuming: across the world, cab companies have been losing customers to ride-hailing app Uber. But New York City cabbies are trying a new way of fighting back – by giving the app a taste of its own medicine. Hoping to win back some customers that have gone over [...]
Apple executive Ian Rogers resigns just two months after launch of online radio Beats1

August 28, 2015

Apple executive Ian Rogers took his company and the music industry by surprise today, resigning just two months after the launch of Beats1 online radio, reports the Financial Times. Rogers, who joined Apple a year ago, headed up development and strategy at Beats1, bringing in presenters like Ellie Goulding and Zane Lowe. Apple has confirmed [...]
Internet of Things, digital assistant and 3D tablets: Four projects Amazon’s Lab 126 is secretly working on

August 27, 2015

They may be laying off “dozens” of engineers, but Amazon’s labs are still working on some pretty interesting projects. After the company’s anticipated “iPhone killer”, the Fire, failed to deliver, it was reported today that engineers will be laid off after Amazon decided to retreat from smartphones – and from several other consumer hardware products. Read [...]

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By: Clara Guibourg

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