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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B&Q owner Kingfisher confirms exclusive talks to buy Mr Bricolage

April 3, 2014

B&Q and Screwfix owner Kingfisher has announced it’s entered exclusive talks to acquire Mr Bricolage, a French home improvement retailer. Should the deal being discussed go through, FTSE 100 company Kingfisher would initially acquire 68.1 per cent of the firm’s share capital – from the majority shareholders – making a subsequent offer to buy shares [...]
Asian markets cheer Chinese stimulus policies

April 3, 2014

Asian stocks have been buoyed in trading today, rising for the seventh day in a row, after the Chinese government said it’d be cutting taxes for smaller companies. It also announced plans to speed up construction on railways, selling 150bn yuan (£14.5bn) of bonds this year to fund work in less-developed areas. The Nikkei has [...]
What you need to know before the US open

April 2, 2014

Yesterday, the S&P 500 closed at a record high of 1,885, but futures suggest a flat to slightly lower open for stocks today. There’s some noteable economic data for investors to take in, with factory orders for February later on. Private employers added 191,000 workers in March – marginally below the 195,000 forecast and suggesting [...]
Russia’s heading for low growth warns central bank

April 2, 2014

Russia’s central bank has warned today that economic growth in the country would “most probably” slide below one per cent this year, below the previously-forecast range of 1.5-1.8 per cent. It also raised concerns over the above-target inflation which limits its ability to cut interest rates. Central bank governor Elvira Nabiullina (pictured) said the bank’s [...]
Gazprom and the EU agree “mutually beneficial relations”

April 2, 2014

The chief executive of Russian state-controlled gas producer Gazprom has agreed with the EU that they have a shared interest in maintaining “mutually beneficial relations”. The giant supplier announced in a statement that boss Alexei Miller met with Guenther Oettinger, European energy commissioner, and discussed a "wide range of issues of bilateral cooperations". The news [...]
Eurozone producer prices fall more than expected

April 2, 2014

Industrial producer prices fell 0.2 per cent in both the euro area and in the EU28 in February, according to figures from Eurostat. Analysts had expected a 0.1 per cent drop. A month earlier, prices saw a 0.3 per cent fall. Compared to a year earlier, prices fell 1.7 per cent in the euro area [...]
New competition authority says UK private healthcare will see a crackdown

April 2, 2014

The newly-formed Competition and Markets Authority (CMA) has announced it’s cracking down on private healthcare benefits and incentive schemes. It’s also forcing the sale of some hospitals, after a two-year investigation by its predecessor, the Competition Commission. The watchdog says it’s shelving demands for BMI Healthcare, Britain’s biggest private healthcare provider, to sell off several [...]
GSK ends trial of lung cancer drug

April 2, 2014

GlaxoSmithKline (GSK) has announced this morning that it’s decided to stop a third-phase trial of MAGE-A3ii, the lung cancer drug, after being unable to identify a group of patients that’ll benefit from the treatment. GSK said that a recent trial showed the drug “did not significantly extend disease-free survival when compared to a placebo”. It [...]
Asos’ profit takes a hit as retailer announces £2.5bn sales goal

April 2, 2014

Asos has announced a 22 per cent fall in profit before tax to £20.1m the six months to February, as heavy investment in customer proposition, infrastructure, personnel and capacity takes its toll. But expansion costs were expected by and for the fashion retailer, and Numis has described it as “loaded with investment for growth” this morning. [...]
Asian markets join global rally

April 2, 2014

Strong US manufacturing data has seen asian markets tracking other markets, making at least modest gains, following a record close for the S&P 500. The yen’s shed 0.2 per cent as investors’ risk appetite received a boost, with the Nikkei gaining 1.7 per cent and the Topix adding 1.3 per cent. The dollar's hit a [...]

Barry Hearn says ‘Saudi is a problem’ amid snooker shift

Barry Hearn says ‘Saudi is a problem’ amid snooker shift

Jeremy King: My honest thoughts on The Ivy £1bn sale

By: Harriet Green

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