By: Courtney Goldsmith

I am a journalist for City A.M. reporting on the energy and mining sectors. I also keep an eye on the pharmaceuticals sector and cryptocurrencies. Email: courtney.goldsmith@cityam.com

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It’s not over: Donald Trump is preparing a new travel ban

February 11, 2017

Donald Trump last night said he's considering signing a new executive order banning travel from people of certain countries. The news comes a day after a US federal appeals court upheld a decision to suspended the US President's controversial ban. After angrily tweeting that the ruling put US national security at risk, Trump announced he was mulling a "brand new [...]
Walt Disney has snapped up a fresh stake in its struggling Euro Disney firm and eyes full control

February 10, 2017

Walt Disney has raised its stake in its embattled Euro Disney firm and is now seeking to take full control through a deal with a Saudi billionaire. The American media giant today said it will acquire most of Saudi Prince Alwaleed Bin Talal's Kingdom Holding's stake in the company, taking its holdings to 85.7 per cent [...]
Punch Taverns shareholders seal the deal on Heineken’s £403m takeover offer

February 10, 2017

Punch Taverns shareholders today voted to approve Heineken's 180p-per-share takeover offer, totaling £403m. The offer was made by Vine Acquisitions, the vehicle Heineken shares with partner Patron Capital. On the news of the decision, Patron said: "We are delighted that an overwhelming majority of shareholders are in support of the acquisition and look forward to progressing towards completion of [...]
Copper prices soar to a new high on talks of a force majeure at BHP Billiton’s Escondida mine

February 10, 2017

After substantial gains yesterday, London Metal Exchange copper prices have today jumped to their highest level since June 2015. Benchmark copper has risen 4.5 per cent to a session high of $6,083 a tonne. The surge came as news emerged that BHP Billiton is declaring a force majeure on shipments from its Escondida mine in Chile, which is [...]
The steel and oil and gas industries have been classed as “low priority” in Brexit negotiations

February 10, 2017

A leaked government document reveals securing the future of the steel and oil and gas sectors will be a low priority during Brexit negotiations. Officials have divided British industries into high, medium or low priority categories according to a document which was obtained by The Times. The government plans to focus most of its efforts on higher ranking [...]
Greene King reveals sober sales despite gains over the Christmas period

February 10, 2017

Sales at British pub operator Greene King grew over the 40 weeks to 5 February due to a strong Christmas period, but it was hit by a "dramatic" slowdown of sales in the quieter months. The figures In a trading statement today, Greene King said like-for-like sales grew 1.1 per cent over the period. For the [...]
ScottishPower is hiking energy prices while British Gas says it will extend its price freeze

February 10, 2017

Another Big Six energy provider is raising its prices – this time its ScottishPower. The utility firm said more than a million customers will be affected by the rises. Dual fuel prices will increase by an average of 7.8 per cent, electricity prices will jump 10.8 per cent and gas prices will raise 4.7 per cent. ScottishPower blamed [...]
Rio Tinto has appointed the former boss of Centrica and Shell’s financial head to its board

February 10, 2017

Rio Tinto today announced a series of major board appointments – including the former boss of Centrica Sam Laidlaw. Laidlaw will join the global miner's board as a non-executive director with immediate effect along with former Sasol chief executive David Constable. Shell's chief financial officer Simon Henry will join the board from July. Two Rio non-executive directors, Robert Brown [...]
Oil prices surge as data shows record compliance to Opec cuts are curbing crude production

February 10, 2017

Production cuts by the Organisation of Petroleum Exporting Countries (Opec) and non-Opec producers in January achieved a record compliance rate of 90 per cent, the International Energy Agency today said. As the news came out that oil supplies fell by around 1.5m barrels per day (bpd) last month, benchmark Brent crude prices surged up 1.15 per [...]
Durex owner Reckitt Benckiser will buy a US baby formula maker for $16.6bn

February 10, 2017

Reckitt Benckiser (RB) is set to buy US baby formula maker Mead Johnson for $16.6bn (£13.3) in cash. The British company behind such names as Lysol cleaners and Durex condoms said it will pay $90 a share for the American firm. The acquisition will open up a new market area for RB, who called the move a "significant step [...]

Bank of England’s Mann says minimum wage rise linked to youth employment

Macclesfield FC: FA Cup heroes in talks with ‘huge’ foreign investors

Valentine’s Day: Fancy a romantic bowl of chocolate spaghetti?

By: Courtney Goldsmith

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