By: Joe Hall

I'm a sports and sports business journalist with City A.M. Follow me for coverage of the industry behind sports and the money made by top athletes. I've provided expert commentary on sports business for both TV and radio, including the BBC World Service. My email is always open to tips and story ideas: joe.hall@cityam.com

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PayPal valued at just under $50bn as it soars past EBay on Nasdaq

July 21, 2015

After its first day back as an independent company, PayPal is valued just under $50bn (£34bn). Read more: EBay revenue jumps 7pc as PayPal spinoff draws near The online payments company's share price closed up 5.43 per cent on its first day of trading after splitting from parent eBay, after initially soaring 11 per cent in [...]
Royal Mail posts flat revenue as letter sending continues to fall

July 21, 2015

The figures The continued drop in letter-sending held back Royal Mail in the three months to 28 June, with revenue at the FTSE 100-listed company's core parcels and letters business falling two per cent, primarily thanks to a five per cent fall in the addressed letter volumes in the UK. Even the benefit of the [...]
Premier League pre-season friendlies: Liverpool biggest travellers as clubs cover 177,000 miles on trips abroad

July 20, 2015

[custom id="57"] Liverpool are travelling further than any other Premier League club this summer, with Brendan Rodgers' side covering over 24,000 miles in their pre-season expedition. Read more: Premier League pre-season fixture schedule Playing pre-season friendlies abroad has become something of a permanent fixture in the calendar of many Premier League clubs, with just three teams [...]
Sepp Blatter told to “leave now” by Prince Ali as Fifa unveils reform plans for organisation in crisis

July 20, 2015

Fifa president Sepp Blatter has shrugged off calls to step down with immediate effect, confirming he will stay in the role until February 2016 when fresh elections will take place. Read more: Blatter hints he could stay on as Fifa president Fifa's executive committee met today for the first time since seven of its members [...]
British Open 2015 prize money: Amateur leader Paul Dunne ineligible for record £1.15m paycheque

July 20, 2015

Paul Dunne, the Irish 22-year-old amateur golfer, has already made history at this year's Open yet will walk away from the tournament empty-handed even if he can stay in the lead this afternoon. Read more: How much prize money is on offer at St Andrews? Dunne is the first amateur to lead the Open after [...]
Rolls-Royce secures two aerospace contracts worth over £1bn

July 20, 2015

After a rocky few months in which its share price has plummeted, Rolls-Royce delivered some positive news to investors with the announcement of two new corporate contracts together worth over £1bn. Read more: Rolls-Royce share prices down 8pc following profit warning Rolls-Royce's share price rose just under one per cent in early trading after it announced [...]
Mitsubishi becomes first Japanese company to make World War II apology to US soldiers

July 20, 2015

The Mitsubishi Materials corporation has made a historic apology for using American prisoners of war as forced labourers during the second world war, becoming the first Japanese corporation to do so. Read more: The Japanese maglev train just broke a world speed record by hitting 377mph Hikaru Kimura, senior executive officer of Japan's largest trading company, said [...]
Google share price rises as chief financial officer Ruth Porat enjoys better than expected earnings

July 16, 2015

The figures Google beat earnings expectations in its latest financial results with earnings of $6.99 (£4.48) a share, but overall revenue of $17.73bn came in below analysts' forecasts. Read more: Google could make joint bid for Tesco unit Excluding the cost to acquire traffic, Google's revenue in the second quarter rose 13 per cent to [...]
Interest rate hike decision could come “at turn of the year – Bank of England Governor Mark Carney

July 16, 2015

A decision on an interest rate hike – the first since the financial crisis – will be made by policymakers at the end of the year, Bank of England governor Mark Carney said in a speech on Thursday. Read more: Sterling jumps after Carney says interest rate hike "moving closer" The UK's economic recovery has [...]
Greece deal triggers European markets rise to six week high but sterling strengthens against euro

July 16, 2015

The FTSE 100 closed 0.63 per cent up at 6,796.45 points on the first day of trading following Greece's securing of a much-needed bailout loan. Read more: Europe offers bailout to Greece as ECB raises bank support European shares climbed to a six-week high, with the pan-European FTSEurofirst 300 index up 1.36 per cent to 1,608.12. [...]

Starmer insists he will challenge Burnham in a leadership contest

Paris Saint-Germain’s Champions League final shirts smash records in auction

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By: Joe Hall

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