By: Jessica Morris

I write about energy and industrials for City A.M. I'm particularly interested in geopolitics, energy policy and, of course, the ever lively oil markets.

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Career success wired into you from birth

January 7, 2016

When it comes to climbing the career ladder, hard work will only take you so far, because job success is wired into us at birth. That's according to an academic study by the Erasmus University's Rotterdam School of Management and the University of Ljubljana in Solvenia, which studied the brain scans of participants working on [...]
Warnings over global instability gather pace as George Soros compares climate to 2008

January 7, 2016

Warnings over global stability gathering are pace, with legendary fund manager George Soros comparing the climate to that of the financial crisis in 2008. Speaking in Sri Lanka, Soros warned China is struggling to move away from export-led growth towards a more sustainable, domestic consumption-led economic model. The billionaire investor said the People's Bank of China's [...]
How low can yuan go? Trading on the CSI 300, Shenzhen Composite and Shanghai Composite suspended after People’s Bank of China’s devalues renminbi

January 7, 2016

Trading on China's stock markets has been suspended for the second time this week, after China accelerated the depreciation of the renminbi, a move which rippled through regional currencies and domestic stock markets. The so-called circuit-breaker was triggered after just 870 seconds (that's just under 15 minutes) of trading, helping China's stock market clock the shortest trading [...]
Brent and US crude oil prices: The black stuff falls further after US figures show gasoline inventory boost

January 6, 2016

Brent crude oil hit a low of $34.13 per barrel at one point yesterday, after figures from the US showed a huge increase in gasoline and distillate inventories. It recovered slightly to trade at $34.38 last night. The closely-watched weekly figures, from the US Energy Information Administration, showed that while inventories of crude oil have [...]
Payday lender Cash Genie folds after agreeing £20m redress deal with the Financial Conduct Authority

January 6, 2016

Payday lender Cash Genie has collapsed into administration, just six months after it agreed to a £20m redress package for unfair practises with Britain's financial watchdog. The administration is being handled by liquidator RSM Restructuring Advisory LLP. However, with around £1.5m of funds remaining unclaimed, RSM is working to trace customers who are yet to redress [...]
London house prices: London has the highest construction costs in Europe

January 6, 2016

London has the highest construction costs in Europe, and the second highest in the world, new research has shown. London came second only to New York in terms of construction costs in the annual Arcadis international construction costs index. And another financial centre, Hong Kong, took third place. It topped other European cities: Geneva (4th), Copenhagen [...]
London mayoral election 2016: How Sadiq Khan, Caroline Pidgeon and Sian Berry will cut transport costs

January 6, 2016

Travel costs are likely to be an important topic in the run-up to this year's London mayoral election, as a substantial chunk of the capital's workers rely on the capital's underground, DLR, overground and TfL rail services to get around. The Lib Dems, Labour and Greens have all announced policies which will cut travel costs in their bid to [...]
Card Factory gets new chief executive Karen Hubbard from B&M to replace Richard Hayes

January 6, 2016

Card Factory has appointed the current chief executive of bargain retail chain B&M, Karen Hubbard, to fill the shoes of its outgoing boss. Hubbard will take over from Card Factory's chief executive, Richard Hayes, in Mid-April. Hayes is due to leave at the end of June, after a four-month transition period. Hubbard held a number of senior [...]
North Korea announces fourth nuclear bomb test in 10 years – and Pyongyang claims it exploded ‘mini’ hydrogen device

January 6, 2016

North Korea has reportedly tested a miniaturised hydrogen bomb, a move which will heighten tensions between the politically-isolated country and its neighbours, particularly Japan and South Korea. The nuclear test, its fourth since 2006, came to light after reports of a 5.1 magnitude earthquake near a nuclear testing site in the east Asian country. "The first H-bomb test was [...]
HSBC website down: Bank says online banking services “returning”

January 6, 2016

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By: Jessica Morris

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