Three amazing jobs you need to apply for this week October 6, 2021 There are so many brilliant career opportunities on City AM Jobs right now, we just had to share a few with you! This week, we’re highlighting roles in eClerx, Twitter and CGI Group. So, if you are looking to make a change, you have absolutely come to the right place. Don’t believe us? Well, check [...]
Billiton knocks FTSE 100 October 6, 2021 Mining company BHP Billiton, along with other oil stocks, helped drag the FTSE 100 down 1.4 per cent after it revealed that damage by Hurricane Rita would lead to lower oil production than previously forecast. The company said it would produce 10m fewer barrels of oil this year than it had previously stated. The company [...]
IMF: Inflation to surge above central banking elites’ targets October 6, 2021 The International Monetary Fund (IMF) expects inflation across the world’s richest countries to surge above the central banking elites’ targets. In a pre-released chapter from its global economic outlook report, the IMF said inflation in rich countries will hit 3.6 per cent in the final months of this year. The organisation blamed elevated inflation on [...]
Ocado invests £10m into self-driving tech startup Wayve October 6, 2021 Self-driving tech startup Wayve’s total funding raised has hit $60m following an investment from grocer Ocado. Ocado is investing £10m ($13.6m) in a partnership with Wayve that will develop autonomous grocery deliveries. An autonomous delivery trial will involve a number of Ocado delivery vans on busy London routes – with a human driver to oversee [...]
Why do young Tories dress so badly? October 6, 2021 It is a perpetual truth that stereotypes are a distorting mirror of reality, but that they also take time to develop and therefore are often a reflection of what was, not what is. So it is sartorially with Conservatives. The cliché is probably of a pinstriped, red-faced financier, Rik Mayall’s sneering Alan B’Stard in a [...]
UK consumers ‘left in the dark’ over post-Brexit trade deals October 6, 2021 More than two-thirds of UK consumers feel left in the dark about post-Brexit trade deals amid public concerns the government is failing to take into account key consumer concerns. According to a survey published today, the majority of the British public is concerned that the government is not providing enough information on trade negotiations, with [...]
UK-EU monthly exports again above pre-Brexit 2020 levels October 6, 2021 The UK’s monthly exports to the EU were above 2020 levels for the second straight month in June, despite earlier concerns about Brexit disruption. UK exports to the EU increased by £14.3bn and imports increased by £19.1bn in June, according to new figures from the Office for National Statistics. Total export of goods in June [...]
Congestion at Chinese container ports worsens after Covid cases October 6, 2021 Congestion around the two main container ports in eastern China has worsened following a shutdown caused by rising Covid cases. Traffic is backing up around Shanghai and Ningbo following the closure of a container terminal at Ningbo where a Covid case was detected this week. Forty container ships were waiting at the outer Zhoushan anchorage [...]
Adidas sells Reebok to Authentic Brands for €2.1bn October 6, 2021 Adidas is selling Reebok to Authentic Brands Group for €2.1bn (£1.8bn) as the German sports giant looks to double down on its core brand. The deal is a significant markdown on the €3.1bn Adidas paid for Reebok in 2006 — a move intended to help compete with rival Nike. The merger failed to pay off [...]
Elon Musk blasts chipmakers over ‘problematic’ supply October 6, 2021 Elon Musk has fired a broadside at two of the world’s largest chip manufacturers, accusing them of hampering production of Tesla’s electric cars. The boisterous billionaire said Tesla was “operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips”. He singled out Renesas and Bosch as the “most problematic by far”. Car manufacturers have [...]
