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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Royal Dutch Shell profit drop weakens FTSE

October 31, 2013

Royal Dutch Shell has announced this morning that its third quarter profits were down 32 per cent to $4.2bn (£2.62bn), compared with $6.2bn (£3.86bn) for the same period in 2012. (Release) The oil and gas giant has blamed weaker industry refining conditions, a rise in operating and explorations costs and a challenging environment in Nigeria [...]
Owner of AA on hunt for new boss to replace Strong

October 30, 2013

The AA is searching for a new boss, calling into question the future of Andrew Strong, its long-serving chief executive officer, reports Sky News' Mark Kleinman. Sky News understands that the owner of the AA, Acromas Holdings, has approached several leading businessmen about the role of chief executive and taking over in the new year. [...]
Mild weather drives inflation fall in Germany

October 30, 2013

Germany's consumer price index has missed expectations in October, coming in at -0.2 per cent, after expectations it would remain unchanged at 0.0 per cent. Year-on-year, the index rose 1.2 per cent, again missing expectations of a 1.4 per cent increase. Berenberg's Christian Schulz says that relatively mild weather at the start of the heating [...]
US inflation soft as consumer price index climbs in line with expectations

October 30, 2013

The US consumer price index for September met expectations, increasing 0.2 per cent, following August's 0.1 per cent rise. Excluding food and energy, though, prices went up by only 0.1 per cent for the month – the same increase as in August and below the consensus prediction of a 0.2 per cent rise. All the [...]
US sees number of private sector jobs created at its lowest since April

October 30, 2013

ADP employment change, a measure of private sector employment, has missed expectations in October, with the private sector creating 130,000 jobs in the month – a sixth-month low. Analysts had expected a rise of 150,000. Last month's number was 145,000 (revised down from 166,000). Small businesses created 37,000 jobs, whilst medium businesses (50-499 employees) [...]
Eurozone confidence in economy continues to grow in October

October 30, 2013

Consumers in the Eurozone have continued to become more optimistic, with consumer confidence for October rising from -14.9 to -14.5, in line with a preliminary estimate and at its highest level since July 2011 for the second month in a row. The measure of confidence is still well below its average of minus 13.3, reflecting [...]
Miner African Barrick Gold sees production exceed expectations

October 30, 2013

African Barrick Gold has reported net earnings of $17.8m (£11.09m) in the third quarter to 30 September, with gold production of 164,719 ounces, up 11 per cent on the third quarter 2012. (Release) This, said investment bank Numis, was better than consensus expectations of 153,000 ounces and the its prediction of 146,000 ounces. The miner [...]
Standard Life sees sales up, bolstered by automatic enrolment

October 30, 2013

Standard Life has announced a significant increase in sales of long term savings products in the first nine months of the year, with life and pension sales of £17,329m (present value of new business premiums). (Release) The boost from automatic enrolment of UK employees to company pension schemes has seen corporate pensions up 11 per [...]
Next raises profit guidance as it beats sales expectations

October 30, 2013

Clothes shop Next has reported sales up 4.3 per cent in its third quarter to 30 October, above its second half guidance range of between one and four per cent. Next Retail saw third quarter growth of 0.4 per cent, whilst Next Directory – its home catalogue and online business – saw 10.7 per cent [...]
Barclays profit up as bank says it’s cooperating over Euribor

October 30, 2013

Barclays has reported pretax profit of £2.851bn in the nine months to 30 September, up from £962m for the same period last year. The figure, says the bank, reflects a reduced own credit charge of £125m, from £4.019bn last year. (Release) But the lender did see adjusted profit before tax fall 20 per cent to [...]

Gucci sparks backlash with AI-generated ads ahead of fashion week

Sheffield Wednesday: New buyers sought after £40m takeover collapses

London is the best food city in the world – here are 3 reasons why

By: Harriet Green

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