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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Aberdeen posts strong 2013 performance after announcing Scottish Widows deal

November 18, 2013

Aberdeen Asset Management has reported a 24 per cent jump in net revenue, to £1.1bn. The company, now set to become the largest independent fund manger in Europe, after its announcement this morning that it's to buy Lloyds' Scottish Widows Investment Partnership, saw profit before tax of £482.7m in the year to 30 September, up [...]
What you need to know before the open – 18/11

November 18, 2013

A quiet beginning to this week as European markets are set to get off to a slow start, with data from the US later in the week shedding more light on the impact of shutdown. Over in Asia, markets got a lift in trading today following the Third Plenum reforms announced last week. ETX [...]
Lloyds sells Scottish Widows to Aberdeen in £560m deal

November 18, 2013

Lloyds Banking Group has announced this morning that it has agreed to sell Scottish Widows Investment Partnership (SWIP), its asset management business, to Aberdeen Asset Management, for an initial consideration of £560m, paid for by the issue of nearly 132m new Aberdeen shares. Aberdeen shares are soaring on the news this morning, up over 14 [...]
Janet Yellen tops WSJ’s Fed forecasters

November 15, 2013

The Wall Street Journal (WSJ) has examined and scored on accuracy over 700 predictions made between 2009 and 2012 in speeches and congressional testimony by 14 Fed policymakers. Janet Yellen, the woman the Whitehouse want to be chair of the Federal Reserve, topped their chart. The newspaper used the following benchmarks: gross domestic product for [...]
An unexpected slide but US industrial recovery is still on course

November 15, 2013

US industrial production fell by 0.1 per cent in October, after analysts predicted an increase of 0.2 per cent and following a 0.7 per cent gain in September (revised from 0.6 per cent). Paul Dales of Capital Economics says that there "is no evidence that the fall in US industrial production in October [...]
Cyprus set to lift capital controls

November 15, 2013

Cyprus will be ready to lift capital controls within the next few months, according to the Cypriot finance minister. In an interview with Reuters, finance minister Harris Georgides said: The intention is to maintain pace and momentum not in abstract terms, but in very specific terms that will relate to their relaxation and eventually their [...]
French firm Carmat to launch artificial hearts by 2015

November 15, 2013

French company Carmat is hoping that its artificial hearts will be available to patients by 2015 and that its human trials will come to end in 2014. The company will need to be given regulatory approval by the EU before the product can be launched on the European market. In an interview with Reuters, chief [...]
US exports miss as New York business conditions take a hit

November 15, 2013

US export prices fell 0.5 per cent in October, following expectations of no increase and September's 0.3 per cent rise. Import prices fell 0.7 per cent, after expectations of a 0.2 per cent fall after September's 0.2 per cent increase. Business conditions in the manufacturing sector have taken a tumble, according to the NY Empire [...]
Hopes dwindle for Hong Kong’s recovery

November 15, 2013

Hong Kong's economy expanded by a disappointing seasonally adjusted 0.5 per cent in the third quarter, weighed down by weak export numbers and a drop in retail sales, said the government today. On a year-on-year basis, economic growth was 2.9 per cent, slower than the 3.2 per cent growth seen in the second quarter. Mark [...]
China to reduce death penalty crimes, abolish labour camps and loosen one-child policy

November 15, 2013

State media Xinhua News Agency has reported a series of policy changes following the approval of "deepening reforms" in China by the CPC's Third Plenum. This morning, Xinhua posted a series of tweets stating a loosening of the one-child policy, a reduction in the number of crimes subject to the death penalty and the abolition of [...]

Burnham would ‘probably’ have won by-election, says Powell

UK Sport: We invest £32m in winter sports because Britain cares deeply

Ministry of Sound: ‘industry is on the up’ as it reveals brand new take on The Box

By: Harriet Green

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