Shipbroker Clarkson faces shareholder revolt over CEO pay May 6, 2024 FTSE 250 shipbroker Clarkson is facing its eighth consecutive revolt over its chief executive's hefty pay packet.
Zilch doubles down on AI for buy-now pay-later domination ahead of planned IPO next year May 5, 2024 London fintech Zilch is ramping up its use of artificial intelligence to boost competition with rival buy-now pay-later (BNPL) providers like Klarna and help it achieve profitability ahead of a planned IPO next year.
The Notebook: Has London revived its rave scene? May 2, 2024 Susannah Streeter takes the Notebook pen to have her say on the Tiktok ban, Shein's search for a float, and London's new rave scene.
Glencore expects strong year from trading arm but reports lower copper output April 30, 2024 lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.
HP, Visa, Aramco: Who are the main sponsors of each F1 team? April 27, 2024 The names of F1 teams are getting more and more difficult to remember given the endless number of sponsorship deals within the sport. Here City A.M. has broken down who partners with who, and what that has done to each of the team’s names. BWT Alpine F1 Team BWT is an Austrian manufacturing company. It [...]
‘Existential crisis’: London Stock Exchange exodus tops £60bn after Darktrace deal April 26, 2024 A top investment bank has sounded the alarm and called on government to act today after a take-private deal for Darktrace took the total value of London Stock Exchange exits to north of £60bn.
London Stock Exchange Group boss set for payday despite take-private boom April 25, 2024 The London Stock Exchange Group was dealt a bloody nose by investors today after a chunk of its shareholders voted to reject a pay rise for chief executive David Schwimmer.
South African minister lashes out at BHP over previous merger April 25, 2024 BHP now has until 5pm on 22nd May to either announce a firm offer for Anglo or that it does not intend to make an official bid.
Drugmaker Indivior seeks shareholder approval to move primary listing from London to New York April 25, 2024 Opioid dependence treatment maker Indivior has confirmed a plan to move its primary stock market listing from London to New York this summer in yet another blow to the capital's beleaguered bourse.
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.