Wingstop: How a fast food chain targeted at Gen Z is transforming London’s hospitality scene April 13, 2024 Owners of a fast food chain targeted at social media obsessed Gen Z, have said they plan to open up to 100 stores over the next five years, in a boost for Britain's ailing hospitality market
FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation April 11, 2024 Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.
The gold price has jumped to a new all-time high, but is it too late to join the party? April 10, 2024 Gold has been going great guns, with prices up some 30 per cent in the last six months.
Asos under pressure as Gen Z shoppers switch to Shein April 9, 2024 Clive Black, analyst at Shore Capital, told City A.M. Asos has come off the back of three “really hard years” and is facing increased competition from Far East rivals Shein and Temu.
Trafigura: AI and data centre construction could lead to copper shortages April 9, 2024 Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.
FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
Meet the maritime surveillance chief tackling pirates, smugglers and Red Sea ship attacks from sleepy Bath April 8, 2024 City A.M. meets Simon Tucker. The eccentric chief executive heading up a pioneering Aim-listed maritime surveillance firm.
London-listed veterinary services firm CVS hit by cyber attack. Here’s everything we know so far April 8, 2024 It said after realising it was under attack CVS "took immediate steps to isolate the issue and, to prevent wider unauthorised access", taking its IT systems offline.
FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season April 8, 2024 Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
US and China plan talks on economic growth April 6, 2024 The two sides will hold “intensive exchanges” on more balanced economic growth, according to a US statement.The two sides will hold “intensive exchanges” on more balanced economic growth, according to a US statement