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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11 of the world’s 100 most sustainable companies are in the UK: Marks & Spencer, BT, and the London Stock Exchange

January 22, 2015

The UK is home to 11 of the world's 100 most sustainable companies with Marks & Spencer, BT, and the London Stock Exchange all making it into the prestigious ranking. The other UK-based companies listed were Reckitt Benckiser, Centrica, Unilever, British Land, Sky, Pearson, BG Group and Electrocomponents. Each year media company Corporate Knights produces the ranking which measures companies' sustainability in terms [...]
Bill Gross invested over $700m in Janus Capital helping it record first inflows in five years

January 22, 2015

So-called "bond king" Bill Gross has pumped more than $700m (£465m) of his own money into Janus Capital, helping the group to mark a significant new milestone. Janus' released its fourth-quarter results today, and the fund's profit beat market expectations, recording inflows for the first time in five years. "At the end of 2014, Bill [...]
S&P: Swiss companies will shrug off a strong franc

January 22, 2015

Standard & Poor's has said Swiss companies will shrug off the fall-out from a strong franc, following concerns the central bank's shock decision to remove its currency ceiling would be detrimental for the country's exporters. In a statement released today, the credit ratings agency said earnings of Swiss companies will be "moderately" affected by a [...]
Denmark slashes interest rate for the second time this week

January 22, 2015

Denmark's central bank has cut its main interest rate for the second time this week, The Danmarks Nationalbank aid it has taken its main deposit rate to -0.35 per cent from -0.2 per cent,
Uber raises $1.6bn from Goldman Sachs clients

January 21, 2015

Uber has raised $1.6 billion in financing from the clients of Goldman Sachs’s private wealth arm, adding even more cash to its ever-expanding pile. This comes months after the popular taxi-app raised $1.2 billion from big institutions, and one investment valued the company at a weighty $41.2 billion, the Financial Times reported. The cash will be used [...]
London mayor Boris Johnson agrees to pay his “outrageous” US tax bill

January 21, 2015

Boris Johnson has finally coughed up for his US tax bill, despite previously refusing to meet the "absolutely outrageous" demand, and in turn risking a hefty fine or even a jail spell. Johnson, who was born in New York and holds an American passport, decided to pay up ahead of a visit to Boston, Washington [...]
Plain cigarette packaging will be introduced in the UK before the general election

January 21, 2015

Plain packaging for cigarettes will be coming to the UK much sooner than expected, marking an end to years of wrangling over whether or not the scheme would actually work. Health minister Jane Ellison said the government would bring in legislation before the end of this Parliament, giving it time to be agreed by both [...]
Tesco said to shortlist Sir Ian Cheshire and John Allan for its new chairman

January 21, 2015

Tesco is said to have drawn-up a shortlist for the appointment of its new chairman, as it prepares to bounce back with a turnaround plan following a hefty profit overstatement. The UK's biggest supermarket chain is said to be choosing between Sir Ian Cheshire, who recently left home improvement retailer Kingfisher, and John Allan, the [...]
Microsoft Windows 10 Keynote: Nine of the best features

January 21, 2015

Today Microsoft has unveiled the new Windows 10 Consumer Preview from its Redmond headquarters. It's whipped up a lot of excitement – not only will Windows 10 be much more mobile friendly, it's going ditch Windows Explorer and instead opt for the enticingly titled "Project Spartan." Windows 10 for free? A ploy to encourage take-up or [...]
Eni’s chief executive Claudio Descalzi warns oil could jump to $200

January 21, 2015

Italian oil firm Eni has warned oil could jump to $200 per barrel within the next decade if the Organisation of Petroleum Exporting Countries (OPEC) fails to cut production. Slumping oil prices are leading to under-investment in the oil industry, Claudio Descalzi, Eni's chief executive, said today at Davos. He said mismanagement by OPEC could prompt [...]

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The Lake District but thrilling, with yacht trips and 4×4 off-roading

By: Jessica Morris

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