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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Why the “flash crash” whistleblower is in line for millions after implicating Navinder Singh Sarao

April 23, 2015

The United States federal authorities could make it rain for the anonymous tipster who helped expose tracksuit wearing trader Navinder Singh Sarao who is accused of contributing to the "flash crash" five years ago. Under the US Commodity Futures Trading Commission's (CFTC) whistleblower program, created as part of the government's response to the financial crisis, whistleblowers receive between 10 [...]
Here’s why Brits are feeling richer than they have in years

April 22, 2015

"Noflation" as well as some mild wage growth means Britons are feeling richer than they have in years. "UK households are seeing the largest increase in incomes since the recession struck," Chris Williamson, chief economist at Markit, said. The gains aren't pushing consumers onto high streets across the country just yet, and they're instead using the [...]
Three surprising takes from the “flash crash” trader Navinder Singh Sarao criminal complaint

April 22, 2015

British trader Navinder Singh Sarao has been arrested, charged and is facing extradition to the United States over his role in the "flash crash" just under five years ago. In the early afternoon of 6 May 2010, panicked investors watched as the Dow Jones Industrial Average plunged 1,000 points in a matter of minutes. Although [...]
Day trader Navinder Singh Sarao fighting US extradition must pay £5m for bail

April 22, 2015

The British day-trader accused of causing the 2010 US Flash Crash must put up £5.05m in bail money as he fights extradition to the United States over fraud charges. Navinder Singh Sarao, who ran a small futures trading company called Nav Sarao Futures based in Hounslow, is charged with several counts of fraud by the [...]
Prospect of a rate rise edges closer

April 22, 2015

All of the policymakers said that the it was "more likely than not that Bank Rate would rise over the three-year forecast period". Two policymakers said their decision to hold rates at 0.5 per cent was "finely balanced" — suggesting they may soon vote for a rate rise The most interesting development was that some [...]
The great flash crash of 2010: What happened to the Dow Jones and what is Navinder Singh Sarao supposed to have done?

April 22, 2015

British trader Navinder Singh Sarao has been arrested, charged and is facing extradition to the United States over his role in the "flash crash". Sarao has appeared before Westminster Magistrates and has said he will contest this. It started in the early afternoon of 6 May 2010, as panicked investors watched the Dow Jones Industrial Average [...]
London is the world’s third most expensive city for dating

April 22, 2015

Anyone who is fed up of paying through the nose for a date in London's expensive bars and restaurants will be envious of cities such as Mumbai where a cheap date typically costs just $24.70 (£16.53), according to new research. That's about the same as an adult zones 1-6 day travel card, a ticket for Vue [...]
A record number of migrants are dying in the Mediterranean

April 21, 2015

This weekend hundreds of migrants died when their boat capsized as they tried to reach the Italian island of Lampedusa. The United Nations said at least 800 people lost their lives in the sinking – making it the deadliest such incident ever recorded in the Mediterranean. It follows an incident last week in which 400 migrants died. [...]
Here’s what a year in the life of earth’s CO2 looks like

April 21, 2015

It's obvious to suggest the world's carbon dioxide emissions change with the seasons – but what does that look like? The Cartography and Geovisualisation Group at Oregon State University and NASA has crunched one year's worth of data to show us how carbon dioxide swirls around the atmosphere over the course of four seasons. The interactive [...]
German investor confidence balks amid weak global economy

April 21, 2015

Investor confidence in Germany has unexpectedly fallen for the first time in six months, amid global growth concerns, and the potential impact of economic woes on the country's exports. The Zew Center for European Economic Research in Mannheim said the widely watched Zew index fell to 53.3 in April, down from 54.8 a month earlier, [...]

Oil prices could race past $150 as ceasefire in ‘difficult phase’

Deloitte enters rugby league as NRL Super League investment talks near

Why I love hotel restaurants – and two of my favourites

By: Jessica Morris

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