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.

All 2075 Articles

Anglo American seals deal on Amapa sale to Zamin

November 4, 2013

Anglo American has announced the completion of the sale of its Amapa iron ore operation to fellow mining company Zamin Ferrous for an initial cash consideration of $134m (£84.09m). (Release) The Brazilian mine suffered a landslide in March of this year, which killed six people. Anglo American has previously agreed to sell its 70 per [...]
Any other business – 04/11

November 3, 2013

London’s 2012 Olympic games and the sporting success enjoyed by the likes of Andy Murray and Mo Farah this summer may have recaptured the nation’s enthusiasm for sport. However acting on it is a different matter. New research shows that 41 per cent of Londoners are so unhealthy that they are left out of breath [...]
Bumper car sales vindicate Fed’s stance on shutdown

November 1, 2013

The October numbers for the "Big Eight" car makers in the US suggest that shutdown may not have been quite so economically impactful as has been bandied about – and vindicate the Fed's decision not to mention it in its latest open market committee meeting earlier this week. Analysts were quick to look at the [...]
US manufacturing sees April 2011 high despite shutdown

November 1, 2013

October's ISM manufacturing PMI has come in higher than expected at 56.4, after an analyst consensus of 55.0, and up from September's 56.2. Any number above 50 implies an expansion. The figure is at its strongest since April 2011 and suggests that the manufacturing sector didn't suffer too much because of shutdown. Continued improvement in [...]
Big banks predict Eurozone rate cut as Draghi runs out of options

November 1, 2013

A rate cut is now a very real possibility for the Eurozone. The drop in the consumer price index to 0.7 per cent in October means inflation in the euro area is rising at the slowest pace in four years, well below the European Central Bank's (ECB) target of just under two per cent and [...]
Vodafone shares climb on AT&T takeover interest

November 1, 2013

Vodafone shares have risen this morning, opening up 2.2 per cent, following reports last night that AT&T is considering a takeover of the phone company next year. Rumours of a bid have grown in recent months after Vodafone agreed to dispose of its stake in Verizon Wireless. American AT&T is keen to invest in Europe, and [...]
Meggitt FTSE’s biggest faller as it lowers growth forecast

November 1, 2013

British aerospace engineer Meggitt was the FTSE's biggest faller this morning as it lowered its full-year revenue guidance, after trading over the past four months slid marginally below expectations. (Release) In a statement this morning Meggitt said it now expects to reports revenue growth in the low single digits at for the year. In August, [...]
Direct Line shares rise on positive results

November 1, 2013

Direct Line Insurance Group has reported third quarter profit before tax of £124.2m, up from £82.4m for the same period last year. Shares climbed on the news. (Release) For the first nine months of the year, profit was £333.0m compared with £188.9m like-for-like. Operating profit of £417.8m for the first nine months of the year [...]
What you need to know before the open – 01/11

November 1, 2013

US markets rounded off October markedly higher, despite yesterday's negative finish. Data from Europe does continue to worsen, thought, with anticipation of a potential European Central Bank rate cut next week pushing the euro down. Chinese manufacturing PMI, coming in overnight, has eased worries over a softness in recent Chinese economic activity. On the official [...]
RBS sheds over three per cent on £38bn bad bank announcement and sliding profits

November 1, 2013

The Royal Bank of Scotland was one of the FTSE's biggest faller this morning as it announced that it is to create an internal "bad bank" to manage £38bn of its riskiest assets by the end of this year, meaning it'll avoid addressing demands for a full split. (Release) The lender also posted a third [...]

Block slashes 4,000 jobs in latest AI warning

Automatic promotion and relegation from Prem Rugby scrapped

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

By: Harriet Green

All 2075 Articles

Subscribe