By: James Nickerson

I am a reporter at City A.M. looking at the stories, people and data behind political events from the UK, Europe and further afield. I also write about infrastructure and transport, as well as broader issues around global business.

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Volkswagen emissions scandal: New boss Matthais Mueller says VW can “shine again”

October 15, 2015

The new boss of Volkswagen Matthais Mueller has said the car giant can "shine again" in the next two or three years. Speaking to managers, Mueller hailed a new culture for the company, which he said needed to become more decentralised, with brands and regions becoming more independent. Read more: German investor sentiment hit by [...]
US deficit narrows to smallest level since 2007

October 15, 2015

The United States budget deficit has fallen to 2.5 per cent of gross domestic product, narrowing to its smallest level since 2007. The government's deficit, which is a measure of how much the government has spent against what it raised in taxes, shrunk to $439bn (£283.6bn) in the 12 months to the end of September, from [...]
London Stock Exchange in consultation to halt “volatile trading” on London’s Alternative Investment Market

October 15, 2015

The London Stock Exchange (LSE) is launching a consultation to change the rules for companies that want to list on London's Alternative Investment Market (Aim) to stop volatile trading on its exchange. The LSE, which regulates Aim, is proposing to increase the amount of money that companies that want to list on Aim as investment companies – that [...]
Osborne’s “rhetoric on tax credits is just empty words” due to lack of analysis – Helen Goodman

October 15, 2015

The government's controversial decision to cut tax credits has come under renewed fire after it emerged that its analysis of the distributional effects of measures in the July Budget, including changes to tax credits and the national living wage, has been largely absent. In July the Treasury select committee was surprised not to receive the distributional [...]
At the close: FTSE 100 led higher by strong company earnings reports

October 15, 2015

The FTSE 100 closed higher today after three consecutive sessions of closing down, as investors concentrated on company earnings. The FTSE closed 1.10 per cent up, at 6,338.67 points, led by gains in ARM and Harvgreaves Lansdown. ARM, the semiconductor and software design company, ended 4.78 per cent up on the back of strong results from Taiwanese [...]
Netflix Q3 earnings and results: Streaming service adds 3.62m members in third quarter but misses expectations on revenue, profit and users

October 14, 2015

Netflix missed expectations on third quarter revenue, profit and domestic membership growth, causing its share price to fall over 10 per cent after the bell, before recovering slightly. The video streaming company reported net income of $29m (£19m), or 7 cents per share, in the three months to the end of September, down from $59m, or 14 [...]
Parliament votes to pass the fiscal charter as Labour MPs abstain and defy shadow chancellor John McDonnell

October 14, 2015

The government's fiscal charter has passed with 320 votes in favour and 258 votes against, a majority of 62. Some 21 Labour MPs defied shadow chancellor John McDonnell and leader Jeremy Corbyn by abstaining. On Monday McDonnell sparked outrage among Labour MPs when he announced his party would reject the government's fiscal charter less than one [...]
LinkedIn’s Project Voyager: Finally, LinkedIn’s app is getting a major makeover for mobile

October 14, 2015

LinkedIn has made some major improvements to its mobile app designed to attract users who are increasingly turning to their smartphone over desktop computers to connect with contacts and find jobs. Inspired by the popularity of messaging apps, LinkedIn's familiar inbox feature used for communicating with others on the professional network will now work as [...]
BlackRock sees net inflows of $50bn despite difficult market conditions

October 14, 2015

BlackRock reported third quarter net inflows of $50bn (£32bn), despite hefty outflows from investors in the Asia-Pacific region amid difficult market conditions. Volatility in stock and bond markets resulted in net outflows of $7.5bn from clients in the Asia-Pacific region, which partially offset inflows from investors in the Americas. Assets under management at September 30 [...]
London Bridge reopens after closing due to “suspect package”

October 14, 2015

London Bridge has reopened after having closed as police look into a suspicious package, creating commuter chaos. Transport for London has said to expect heavy delays due to congestion caused by the bridge having been closed. City of London police said north and southbound have both been shut to pedestrians and vehicles due to "a suspect [...]

Starmer to face challenge from Streeting

Ryder Cup captain Donald did not broker Rahm peace deal

Team behind BuzzBallz launch new shots – available in London off-licences now

By: James Nickerson

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