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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Uber’s rivals Ola, Didi Kuaidi, Lyft and GrabTaxi gang up on the rideshare app with “global alliance”

December 4, 2015

Four of Uber's biggest competitors are ganging up on the cab hailing app, in a global alliance which they say will reach nearly half of the world's population. Taxi-hailing apps Ola, Didi Kuaidi, Lyft and GrabTaxi said they plan to start rolling out joint partner products in the first quarter of next year. Read more: Uber isn't breaking the law Uber has [...]
HSS share price jumps after media report suggests no merger with Speedy Hire

December 3, 2015

HSS Hire shares jumped today after a report suggested talks for a £300m merger with fellow tool and equipment hire group Speedy Hire had stalled. Shares in the Heathrow-based HSS had jumped as much as 10.3 per cent at 57.35p per share this morning, and were up 8.65 per cent at 56.5p per share at the close. HSS and [...]
Starcom share price soars as it clinches largest contract to date

December 3, 2015

Shares in Starcom closed up almost 40 per cent yesterday after soaring as much as 91.1 per cent earlier after the tech company revealed its largest contract to date. Aim-listed Israeli company Starcom announced the three-year $5.5m (£3.65m) deal to supply Helios units to Pinnacle Systems, a Nairobi, Kenya-based company which specialises in fleet management [...]
Shell wins final Australian approval for its takeover of BG

December 3, 2015

Oil major Shell has received the final nod from an Australian regulator for its proposed $70bn (£47bn) acquisition of BG group, meaning China is now the last regulatory hurdle it has left to clear. Approval from Australia's Foreign Investment Review Board means Shell has satisfied four out of five pre-conditions necessary for the deal to go ahead. The company added it [...]
Euro rises as European Central Bank boss Mario Draghi is expected to ramp up monetary stimulus programme at the December meeting

December 3, 2015

This morning investors are gearing up for a widely anticipated early Christmas present from the European Central Bank (ECB), due later today. The ECB is expected to ramp up its monetary stimulus programme for the embattled Eurozone economy, against a backdrop of persistently low inflation and disappointing lending by banks. There are a number of ways the Bank could [...]
Russia levies Islamic state oil claims at Turkey

December 2, 2015

Russia's defence ministry today claimed that it has proof Turkish president Tayyip Erdogan and his family were benefiting from the illegal smuggling of oil from Islamic State (Isis) held territory in Syria and Iraq. Deputy defence minister, Anatoly Antonov, said during a major briefing on new findings concerning Isis funding by Moscow: "Today, we are presenting only some facts [...]
Winners and losers of this year’s FTSE quarterly reshuffles: Morrison, Worldpay and Hikma Pharmaceuticals

December 2, 2015

The FTSE index's last quarterly reshuffle of this year has rolled round, and it could conclude with a bang, as reports suggest embattled high street supermarket Morrison will be given the shove. The other companies being moved to the FTSE 250 index are reportedly security firm G4S and engineering group Meggitt. Worldpay, the payments firm [...]
RWE to IPO its renewable, grids and retail units next year amid increasingly testing German energy policy

December 2, 2015

RWE, Germany’s second largest utility, has announced plans to hive off its renewables, grids and retail units, in a bid to adapt to the government’s energy policy. The company’s chief executive, Peter Terium, yesterday announced plans to create the separately listed company next year, with 10 per cent of its stock being offered to the [...]
Insecurity of tenure, inadequate legal protection and a lack of publicly available information: The UK’s dysfunctional rental market is due a shake-up

December 2, 2015

Insecurity of tenure, inadequate legal protection and a severe lack of publicly available information on individual rental properties are just some of the woes reported by this country’s nine million renters. But for me, by far the worst characteristic is the breath-taking amateurishness which underpins every aspect of the rental experience. The Private Landlords Survey [...]
Hargreaves Lansdown’s Wealth 150: Why exceptional fund managers remain the exception

December 2, 2015

Hang onto your hat – 97 per cent of active fund managers aren’t worth their salt. Perhaps surprising coming from someone who makes a living researching actively managed funds, but before you rush for the door, let’s delve a little deeper. This week marks the 12th anniversary of Hargreaves Lansdown’s Wealth 150, which lists the funds [...]

UK police rap Fifa chief Infantino for Davos joke about British fans’ arrests

Judge awards McLaren F1 team over $12m in Alex Palou trial

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Jessica Morris

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