Lost the plot: City A.M’s pick of the best books of 2020 December 18, 2020 Whether it was a period of furlough, a cancelled trip or endless weekends with no pubs, restaurants, museums or cinemas open: there has definitely been more time for most of us to get stuck into a good book this year. As we turn the last page of 2020, whether you’re looking for a page-turner during [...]
US nuclear networks accessed in sustained and ‘significant’ cyber-attack December 18, 2020 The US Energy Department, which manages the country’s nuclear weapons stockpile, believe hackers gained access to its networks as part of a massive cyber campaign against the US government. Last night officials warned of a “grave risk” posed to the United States in the form of a sustained cyber-attack, which has affected government agencies and [...]
Russia says may retaliate after new round of UK sanctions December 12, 2020 MOSCOW (Reuters) – A new round of British sanctions against Russian individuals over alleged human rights abuses in Chechnya is “unfounded” and Moscow may retaliate, the Russian Foreign Ministry said on Saturday. “Undoubtedly, this politically-charged demarche will have a negative impact on Russian-British interstate relations,” the ministry said, adding Russia “reserves the right to take [...]
Oligarch’s son embroiled in divorce case lost $50m in ‘risky’ trades December 8, 2020 The son of a Russian oligarch at the centre of a huge divorce case said he did not conceal assets and instead lost the money while trading at university. London oil trader Temur Akhmedov said $50m in funds from his father, Farkhad, did not disappear because he was hiding the assets from his mother Tatiana. [...]
India Bailey’s 15 minute working from home workout December 7, 2020 Lockdown may be over and gyms tentatively starting to open once again, but with many of us still working from home for the foreseeable future, home workouts will continue to be the norm in the run-up to Christmas. For the month of December, fitness studio Core Collective’s trainers will be guiding you through a weekly [...]
Screenshot: Can social media win the anti-vax war? December 4, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: A very British scandal **Social media gears up for the vaccine information war **How data dominates financial markets Media Moment of the Week It was quite possibly the most [...]
Week in Sportbiz: Yashenkov makes fan pledge ahead of election; global golf tour moves step closer; and Cazoo trumpets Hundred deal December 3, 2020 It’s a big weekend for rugby in Europe, and not just because of the final round of Autumn Nations Cup fixtures. On Friday, Russian challenger Kirill Yashenkov is hoping to topple incumbent Octavian Morariu and be named president of Rugby Europe. Yashenkov has vowed to double the organisation’s budget and create more opportunities for elite [...]
Snakes and Ladders: Who is moving jobs in the City this week? December 3, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Gold miner Petropavlovsk appoints new chief exec November 30, 2020 Russian gold miner Petropavlovsk has today appointed Denis Alexandrov as its new chief executive, months after clearing out its former top team. Alexandrov, who will join the firm on 1 December, will take over from Maxim Meshcheryakov, who has been the FTSE 250 firm’s acting chief exec since August. From January 2016 to this year, [...]
Petropavlovsk appoints KPMG as independent forensic investigator November 23, 2020 Russian gold mining company Petropavlovsk has appointed KPMG to undertake a forensic investigation into certain business deals made in the last three years. The investigation will examine deals between Petropavlovsk and its subsidiaries, and fellow mining company IRC and its subsidiaries in the three years to August 2020. The investigation was proposed at Petropavlovsk’s general [...]