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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Deutsche Bank tumbles on €1.2bn loss

January 20, 2014

Shares in Deutsche Bank have fallen five per cent this morning after the bank’s shock announcement last night that it was hit by a pre-tax loss of €1.153bn in the last quarter of 2013. Litigation expenses and one-off restructuring costs weighed heavily on the lender. Market consensus had been for profits of around €700m. The [...]
Why China’s slowing growth isn’t too much of a worry

January 20, 2014

Chinese economic growth is slowing, but numbers last night weren’t quite as disappointing as anticipated and still point to steady growth. Fourth quarter GDP slowed from 7.8 per cent to 7.7. per cent – the lowest it's been for 14 years, but above market forecasts of a fall to 7.6 per cent. Industrial production in [...]
What you need to know before the open – 20/01

January 20, 2014

European bourses are set to open lower this morning after a weak finish to last week and disappointing GDP numbers from China. It's set to be a quiet day when it comes to economic data, too: Morning all. #FTSE called flat to small off today. US Holiday so could be a quiet one. — [...]
The world’s best charity is now accepting Bitcoin

January 17, 2014

The charity that provides a wealth service to the poorest in Kenya and Uganda is now accepting Bitcoin. Give Directly is a pretty unique specimen when it comes to charities. It gives a cash transfer to a recipient, expecting to put 93 per cent of a donation into their hands. At the end of 2012, [...]
Slipping US consumer confidence misses by most in 8 years

January 17, 2014

Positive US consumer sentiment fell slightly at the beginning of the year, missing expectations by the biggest margin in eight years and marking the fourth miss in five months. The Reuters/Michigan survey of consumers in dropped to 80.4 in January, after expectations of an increase to 83.5, up from 82.5 in December. There's not [...]
US house building recovery loses momentum in December

January 17, 2014

Cold weather saw US house building activity slip in December, with new construction of homes down 9.8 per cent to 999,000 annualised. The number's above the expected fall to 985,000, but the extremely wintery weather much of the US has seen over the last few weeks still signifcantly dragged down starts from November's strong numbers [...]
Why this one bank is still cheery after Shell’s profit warning

January 17, 2014

Shell dealt something of a blow to investors this morning, as it issued its first profit warning in 10 years. The fourth quarter of 2013 was never going to be a good one for the oil giant, with almost a fifth of its LNG portfolio down for maintenance. Then high exploration and refining costs, fuel [...]
UK retail sales increase at strongest rate since February 2010 in December

January 17, 2014

Christmas was a pretty mixed bag for some retailers, but figures from the Office for National Statistics suggest that the squeeze on consumers is easing, and they were able to make the most of bargain and discount shopping. December retail sales jumped 5.3 per cent from a year earlier, up 2.6 per cent in the [...]
Regulator furthers probe into RBS

January 17, 2014

An update on the Financial Conduct Authority's investigation into RBS. The City regulator has said this morning that it's appointed global consulting firm Promontory Financial Group and financial advisory company Mazars to conduct a report into RBS' treatment of struggling customers. It'll also look at the claims made in the reports by Dr Lawrence Tomlinson [...]
Nintendo slashes dividend forecast on expected full year loss

January 17, 2014

Christmas shoppers did little to revive the languishing sales of Nintendo's Wii U. Lower-than-expected console and games sales brought a very disappointing Christmas for the world's largest video-game machine maker, which has cut its forecast for the financial year to a net loss of 25bn yen (£147m). The company had been expecting full-year net profit [...]

Nocturne: Why elite cycling is returning to City’s streets

‘Mario Kart’ Formula 1 cars need more time, says Williams

Why The Omen is still terrifying as it celebrates its 50th birthday

By: Harriet Green

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