Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Nine smart ideas for improving your financial outlook
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • The Magazine
    • Travel
    • Sport Business
    • The Punter Podcast
    • Culture
    • Six Nations 2023
    • LIV Golf
    • Aramco Team Series
  • Impact A.M.
    • Impact A.M.
    • DiverCity Podcast
    • Partner Hubs
  • Latest Paper
  • Jobs
  • CityAM Awards 2023
  • Charity

By: Jack Richardson

  • Wagamama owner Restaurant Group warns of huge coronavirus sales hit

    March 18, 2020

    The owner of restaurant chain Wagamama today warned the coronavirus crisis will almost halve its sales over the first six months of 2020. Restaurant Group told investors to prepare for a 45 per cent plummet in sales for the first half of the year due to UK measures to contain Covid-19. The government has warned [...]

  • Cost of living falls in European cities

    March 18, 2020

    European cities are becoming cheaper to live in, according to data released today. The numbers from the Economist Intelligence Unit show Paris is no longer the world’s most expensive city. Osaka, Singapore and Hong Kong jointly hold the top spot with Paris falling to fifth, behind New York. Nicholas Fitzroy, The EIU’s risk briefing director [...]

  • Coronavirus: UK horse racing suspended until end of April

    March 17, 2020

    Horse racing in Great Britain has been suspended until the end of April due to the coronavirus outbreak. The decision by the British Horseracing Authority (BHA) will become effective tomorrow. It marks the latest major sporting event to fall victim to the health crisis as authorities ban mass gatherings in a bid to halt the [...]

  • Airports could close without government action

    March 17, 2020

    Airports in the UK could be forced to close if the government does not take urgent action. This warning by the Airport Operators Association (AOA) comes as travel across the world is disrupted due to coronavirus. Foreign secretary Dominic Raab has advised against “all but essential travel outside the UK for 30 days” in a [...]

  • Coronavirus:Volkswagen to cease production at European plants

    March 17, 2020

    Car giant VW will stop its European factory production. This move, due to the impact of coronavirus, comes despite the company posting strong results for 2019. Shares in the firm are up slightly, hovering at €97.65. VW boss Herbert Diess, said: “the coronavirus pandemic presents us with unknown operational and financial challenges. He added 2020 [...]

  • Antofagasta to review expenditure for 2020 due to coronavirus

    March 17, 2020

    Chilean mining giant Antofagasta is to review its expenditure for 2020, despite strong results for 2019. The London-listed company said this was due to the current international uncertainty due to coronavirus. Its shares rose as much as 13 per cent this morning following the announcement. “In view of the current global situation, the expenditure programme [...]

  • Oil price goes below $30 a barrel following brief rise

    March 17, 2020

    Oil prices have fallen below $30 a barrel due to coronavirus uncertainty and the Russia-Saudi Arabia price war. This comes after they staged a slight rise this morning as investors searched for a bargain. Brent crude fell to $29.82 a barrel having peaked earlier at $31. Stephen Innes, chief markets strategist at Axicorp told Reuters [...]

  • Oil prices slide as coronavirus and price war roil markets

    March 16, 2020

    Oil prices slipped below $30 a barrel in afternoon trading as an emergency interest rate cut from the US Federal Reserve failed to calm fears about a global recession caused by coronavirus. The Brent crude oil price was last down 11.1 per cent at $30.10, its lowest price since 2016. West Texas Intermediate was down [...]

  • Lockheed Martin boss Hewson to step down

    March 16, 2020

    The boss of Lockheed Martin, the world’s largest defence contractor, will leave the company Marillyn Hewson, who has led the company since 2013, announced the decision on LinkedIn. Lockheed Martin shares are down six per cent today to $303 Lockheed Martin manufacturers a full range of equipment for the US military and its allies, including [...]

  • Primark owner shares halted after virus sales warning

    March 16, 2020

    Shares in Primark owner Associated British Foods (ABF) were suspended for an hour this morning after the firm warned store closures would hit sales. The retail conglomerate’s shares were halted after falling sharply, which the London Stock Exchange said was due to an erroneous trade. Shares were down roughly 12.5 per cent when trading was [...]

Posts navigation

  • Previous
  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • Page 5
  • …
  • Page 13
  • Next

Trending Articles

  • Bank of England to surpass Federal Reserve and hike interest rates to 15-year high

  • Why have the Bank of England and the IMF been so wrong on the UK economy?

  • Inflation to top Bank of England target until at least 2026, Goldman Sachs warn

  • House prices continue to fall as buy-to-let landlords sell up

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited