By: Harriet Green

I am City A.M.'s deputy business features editor. I look after the Entrepreneurs page, Alternative Finance and our Office Politics section. I also help out with the Forum, running our daily debate. I have a special interest in distributed ledger technology. Prior to working at City A.M., I ran a social enterprise.

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SocGen hikes 2013 dividend on fourth quarter profit

February 12, 2014

Societe Generale, France’s second-biggest bank, has said this morning that a strong performance by its domestic retail banking unit helped it turn €322m (£267m) profit in the fourth quarter. A year earlier, SocGen made a loss of €471m. It confirmed that, by mid-May, it’ll present a ‘roadmap’ for achieving a 10 per cent return on equity [...]
Tullow Oil profit drops 72pc in 2013

February 12, 2014

Tullow Oil has reported it suffered a huge fall of 72 per cent in profit before tax in 2013, to $313m (£188m). Basic earnings per share have also taken a hit, it said this morning, down 73 per cent for the year to 18.6 cents. The full-year dividend remains the same at 12p per share. [...]
African Barrick ups production targets in wake of gold price slump

February 12, 2014

African Barrick Gold felt the full force of the nosedive in the price of gold last year. The miner’s reported fourth-quarter sales down almost 20 per cent to $222m (£135m), saying 2013 was a “year of significant change” due to the lower prices. Higher production in 2012 failed to translate into an improved financial performance [...]
What you need to know before the open – 12/02

February 12, 2014

Janet Yellen’s dovish comments yesterday left markets upbeat. Today, European markets await the Bank of England’s inflation report. ETX Capital #MorningCall FTSE +16, DAX +40, CAC +13, IBEX +52, SP +1, DOW -8 — ETX Capital (@ETXCapital) February 12, 2014 The crucial question is whether governor Mark Carney quietly does away with the [...]
Any Other Business – 12/02

February 11, 2014

THOMAS Cook boss Harriet Green let her experience of running electronics company Premier Farnell shine through yesterday. Green, who had never worked in the travel industry before joining Thomas Cook in 2012, tweeted an article about girls learning to code in a day (amid the madness of TC’s first quarter results). “Brilliant idea – have [...]
How Vodafone could give FTSE a lift this year

February 11, 2014

British markets could be brought out of the doldrums by Vodafone’s selling of its Verizon Wireless stake. Investors may well start selling the shares they acquired through the $130bn (£79bn) sale of the Verizon Wireless stake to Verizon Communications. The third-biggest deal in corporate history saw spoils so big – with $84bn to be paid [...]
Goldman Sachs loses chief FX strategist Stolper

February 11, 2014

News this afternoon that Goldman Sachs' chief currency strategist Thomas Stolper says he's leaving the bank. It comes hot on the heels of Goldman’s announcement that it’s just appointed a new co-head of its securities division, Ashok Varadhan.
What you need to know before the US open – 11/02

February 11, 2014

Markets will open half an hour before questions from the House are put to the chair of the Fed, Janet Yellen. US futures are widely unchanged on the news, with the S&P 500 expected up 0.1 per cent at open. The Yellen Reaction: Stocks Down, Gold Down, Bonds Frown http://t.co/U6nR5jn7ga — zerohedge (@zerohedge) February [...]
China scuppers hopes for more Hollywood films in 2014

February 11, 2014

China has quashed hopes that it’d up access for US films this year, as state news agency Xinhua reports the country will maintain its exacting quota for the number of Hollywood films it imports. Last week, the Hollywood Reporter cited a source claiming China’s film bureau was chewing over increasing its yearly quota from 34 [...]
Singapore Air Show in full flight as Airbus unveils A350

February 11, 2014

A bevy of travel tycoons, military buyers and the world’s largest long-haul carriers have come together today Singapore’s renowned air show. New models, latent deals and loop-the-loops are dominating the day, as excitement over the new Airbus A350 grows. The Boeing 787 competitor has gone on display for the first time, with Asia seen as [...]

Drinking in stands hailed as success as more clubs join WSL pilot scheme

Judge awards McLaren F1 team over $12m in Alex Palou trial

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Harriet Green

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