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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Credit Suisse to raise $6.3bn as it unveils new strategy including the initial public offering of its Swiss banking unit

October 21, 2015

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Japan’s export growth slowed sharply in September

October 21, 2015

Japan's annual export growth crumbled last month, dragged down by shrinking sales in China and Asia, keeping pressure on economic policymakers who are due to meet later this month. Ministry of Finance data released today showed exports rose just 0.6 per cent in the year to September, falling short of a 3.4 per cent growth forecast [...]
The next big rigging scandal is … hoovers

October 20, 2015

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Moonpig owner Photobox snapped up by Exponent Private Equity and Electra Partners

October 20, 2015

The owner of online greeting card website Moongpig.com, Photobox, has received a buyout offer from Exponent Private Equity and Electra Partners which is reportedly around £400m. It comes over a year after Photobox abandoned plans to float on the London Stock Exchange for £500m, citing the volatile stock market performance of other companies which had taken the plunge. The [...]
Tata Steel confirms 1,200 job cuts in Scunthorpe and Scotland

October 20, 2015

Britain's biggest steelmaker, Tata Steel, has confirmed 1,200 job cuts at sites, blaming a flood of cheap imports, particularly from China. Around 900 jobs will go in Scunthorpe and 270 in Scotland, as well as a small number at other sites across Europe, the company said in a statement today. "I realise how distressing this news will be for all those [...]
Rio Tinto rolls out driverless trucks to transport iron ore at mines in Australia

October 20, 2015

Mining giant Rio Tinto has rolled out driverless trucks to transport iron ore at two of its mines in Australia. The driverless trucks are able to operate 24 hours, 365 days a year, according to the report by ABC news, and industry insiders estimate each truck could save up to 500 work hours a year. But the miner still [...]
Dyson snaps up “solid-state” battery startup Sakti3

October 20, 2015

Dyson has snapped up an American battery technology startup, its first external acquisition, in a deal that's estimated to be worth around $90m (£58m). The British engineering business has acquired Sakti3, a spin-off from the University of Michigan, to improve the battery life of its cordless vacuums. Sakti3 is developing "solid-state" batteries which use solid lithium electrodes rather [...]
Rio tinto driverless trucks

October 20, 2015

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Asos share price rises as sales smash through £1bn barrier

October 20, 2015

The figures Group revenue rose 18 per cent to £1.15bn in the year to 31 August 2015, from £975.5m in 2014. This was helped by retail sales, which increased 17 per cent, from £955.3m to £1.12bn during this period. Pre-tax profit rose one per cent to £47.5m despite Asos investing in proposition, warehousing and people capabilities. These costs were partially offset by insurance proceeds [...]
Steelmaker Caparo set to go into administration, with the loss of 1,800 jobs

October 19, 2015

Steelmaker Caparo Industries has gone into administration, PWC has confirmed, as the crisis in the UK's steel sector deepens. Caparo is set to go into administration with the loss of around 1,700 jobs. The news follows the closure of the UK's second largest steelmaker, SSI steelworks in Redcar, which was announced this month. The liquidation will lead to over 2,200 [...]

‘Open the f**king strait’ – Trump issues brutal ultimatum to Iran

Newcastle United and Everton stadium sales are not solutions, they are delays

Barbican Centre: the brutalist landmark weaving art into everyday London life.

By: Jessica Morris

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