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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Lindt wins sweet justice in trademark battle with Haribo

September 23, 2015

Swiss chocolate-maker Lindt & Spruengli has defeated a legal challenge from gummy bear maker Haribo, which had wanted to stop it making the gold chocolate bears. Haribo said the Swiss chocolatier's gold foil-clad, red-bowed chocolate bears violated its "gold bear" logo, which can be found on the packets of the brightly coloured fruit gum sweets. But the German [...]
Former Lloyds trader sues for unfair dismissal after Libor probe

September 23, 2015

A former Lloyds trader, who was among eight people dismissed after the bank's fine for alleged involvement in libor rigging, has sued the bank for unfair dismissal. John Argent's hearing will start on October 5, according to a schedule for a London employment tribunal released today. Lloyds paid £218m in fines to regulators on both [...]
Greek Prime Minister Alexis Tsipras appoints new cabinet to tackle bailout reforms

September 23, 2015

Greece's new cabinet was sworn in today, enabling the newly re-elected government to get on with the economic reforms that underpin the country's third bailout deal. Greek Prime Minister Alexis Tsipras reappointed oxford economist, Euclid Tsakalotos, as finance minister. He'd played a pivotal in brokering the three-year €86bn (£61bn) bailout agreement with creditors in August. [...]
London jobs will be safe from the National Living Wage

September 23, 2015

While some business figures have warned about the potentially nasty side-effects of the government's National Living Wage it appears London will be largely immune from this. The National Living Wage means employees aged over 25 will be paid £7.20 an hour from next April, rising to 60 per cent of median earnings in 2020, estimated to be [...]
Hedge fund Marshall Wace lends support to Labour leader Jeremy Corbyn’s economic policy People’s QE

September 23, 2015

One of Britain's wealthiest hedge fund managers has leant weight to what's arguably the cornerstone of new Labour leader Jeremy Corbyn's economic policies – so-called People's QE. People's QE would involve the Bank of England (BoE) investing "in large-scale housing, energy, transport and digital projects". But critics, including Bank of England governor Mark Carney, have [...]
Greek bank shares bear brunt of the debt crisis

September 22, 2015

Greek bank shares have shouldered the brunt of the country's debt crisis, with one index showing they've shed around three quarters of their value so far this year. The FTSE/Athex banks index, which includes banks listed on the Athex and Cyprus Stock Exchange, slumped 8.56 per cent to 241.37 points today. This means it's tumbled 63 per [...]
IMF’s Christine Lagarde says downside risks to global growth increased

September 22, 2015

International Monetary Fund (IMF) boss Christine Lagarde today warned that the downside risks to the global economy have increased. "The downside risks are greater than they were," Lagarde said at a Brookings Institution event on global economic growth. She cited the commodity price rout, monetary policy realignment, as well as China. Fresh concerns over the [...]
Glencore share price closes sharply lower amid commodities rout, China and Credit Suisse downgrade

September 22, 2015

Glencore shares closed down 10.6 per cent to 106.35p this afternoon, as commodity prices careered downwards amid concerns over China's slowing economy. Earlier today, the commodities trader and miner fell below the 100p per share mark for the first time since it listed, sliding 14 per cent to 99.9p per share. Commodities such as copper and [...]
FTSE 100 slides below 6,000 mark as Glencore, Antofagasta and Anglo American share price falls

September 22, 2015

Britain's blue-chip index slid below the 6,000 mark this afternoon, the first time since August, as a rout in commodity prices weighed on miners. The FTSE 100 closed down 2.8 per cent to 5,940.72, as copper prices which struck a two-week low and Credit Suisse downgraded the sector. "Until China demand and emerging market currencies find [...]
Alexis Tsipras sworn in as Greek prime minister after Syriza’s shock election victory

September 22, 2015

Alexis Tsipras was sworn in tonight for a second term as Greek prime minister, having secured a surprisingly strong victory in the country's snap elections yesterday. Tsipras is expected to use his second term to revive Greece's banks and its crippled economy, while demanding debt relief from creditors, an official told Reuters. He was given a [...]

Uzbekistan national wealth fund confirms plan for London IPO

Panmure Liberum: Netherlands will win first Fifa World Cup

The very best wine pairings for steak and fine cuts of meat

By: Jessica Morris

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