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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Any Other Business – 07/05

May 7, 2014

Some big names from the business world last night joined entrepreneur Duncan Goose, founder of water charity The One Brand, to celebrate almost 10 years since he started the business. Following a reception at No10 with Sam Cam, the crowd moved to Westminster Pier to board a boat where they were treated to a trip [...]
Rolls Royce confirms it’s selling energy business to Siemens

May 7, 2014

Rolls Royce has confirmed today that it’s agreed to sell its energy gas turbine and compressor business to Siemens for £785m in cash. Once the transaction’s completed, Rolls Royce will get a further £200m for a 25-year licensing agreement that’ll give Siemens access to relevant technology and Rolls Royce’s power output gas turbine range. The [...]
What you need to know before the open

May 7, 2014

With the situation in Ukraine deteriorating, global markets are finding it difficult to push higher. The improvement in economic data from Europe yesterday was paired with the OECD slashing its forecast for the Russian economy. And that’s been followed this morning with some less-than-impressive services data for China, which makes it look less likely the [...]
Sainsbury’s beats expectations as King prepares to hang up hat

May 7, 2014

In what are Sainsbury’s last results under chief executive (CEO) Justin King, the supermarket’s reported improving profits, despite what it calls a tough background. Underlying profit before tax exceeded expectations, up 5.3 per cent to £798m last year. That's its slowest growth in almost 10 years, but analysts had been expecting a much smaller rise [...]
What you need to know before the US open

May 6, 2014

Futures suggest a slightly higher open for US markets, following more optimistic export figures for March. Exports gained two per cent last month – from $190bn in February to $193.9bn – suggesting the slide seen in the first two months of the year tailed off. There’s little else in the way of data today, though, with analysts [...]
The top 25 hedge fund managers who took home $21bn in 2013

May 6, 2014

The top 25 hedge fund managers in the US earned a combined $21.15bn (£12.55bn) last year, according to Institutional Investor’s Alpha magazine's annual Rich List, out today. That’s around 50 per cent more than the 25 best-paid managers made in the previous two years. Four managers raked in more than $1bn each, with a fifth [...]
Londoners and Lib Dems most likely to think they’re of above average intelligence

May 6, 2014

Surprising or not, those of us in the capital are more likely than others in the UK to think we’re of above average intelligence. 59 per cent of Londoners answered ‘yes’ for that option in a YouGov poll, which looked at perceptions of intelligence in the UK. Only two per cent of those surveyed thought [...]
Just Eat shares jump on 50pc order increase

May 6, 2014

Just Eat announced this morning that takeaway orders leapt 51 per cent in the first quarter, ahead of expectations, boosted by more people using its new iPads app and wet weather in the UK and northern Europe. The news saw shares gain over four per cent at the open, now up 3.8 per cent. The [...]
Aberdeen Asset Management sees profits drop despite Scottish Widows boost

May 6, 2014

Aberdeen Asset Management has reported a 12 per cent fall in profit before tax to £168.7m in the six months to March, against a “difficult backdrop for emerging markets”. Revenue fell two per cent to £503.5m, with underlying earnings per share dropping four per cent to 14.3p. Weaker investment sentiment have meant “exacting conditions” in emerging [...]
What you need to know before the open

May 6, 2014

Markets are expected to open slightly higher this morning, following Asian counterparts, which have gained on encouraging US data out yesterday. Although Wall Street saw a more solid finish, European stocks fell yesterday as worries over Ukraine rumbled on and weak Chinese data led investors to shy away from risk. Corporate news Barclays has announced [...]

Meta trial lawyer to advise UK as scrutiny of social media design grow

New insurance products for female sports stars must cover fertility care

Why I love hotel restaurants – and two of my favourites

By: Harriet Green

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