‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Chinese tech giants including TikTok owner reveal algorithms amid scrutiny August 16, 2022 A string of Chinese tech giants have been pushed to share details of their algorithms with Beijing’s cyberspace watchdog amid increasingly scrutiny in China. Some 30 companies, including Alibaba, Tencent and TikTok-owner ByteDance, today had descriptions of their algorithms published by the Cyberspace Administration of China. The Chinese regulator is expected to regularly update the [...]
Exclusive: Second Home dodges bankruptcy and eyes US expansion with fresh funding July 26, 2022 Shared office space firm Second Home has scooped a £7.5m funding package to dodge bankruptcy and is now eyeing up expansion in the US, City A.M. can reveal.
How the metaverse will change the world July 22, 2022 Crypto AM's Jonny Fry examines the metaverse and how he believes it will revolutionise virtually all aspects of human endeavour.
Nuclear fusion lures investors as scientists hope for new breakthroughs July 14, 2022 Nuclear fusion has enjoyed a huge bump-up in global investment over the past 12 months, raising hopes of a breakthrough.
UK competition watchdog digs into Microsoft’s £58bn mega deal with Activision Blizzard July 6, 2022 Microsoft is under the spotlight of UK’s competition watchdog after snapping up “Call of Duty” maker Activision Blizzard for $68.7bn (£57.8bn) earlier this year in the biggest deal in gaming history. The Competition and Markets Authority (CMA) said it had until 1 September to make a call on whether the deal would reduce competition in [...]
Chairman of abrdn’s Chinese investment vehicle blames ‘zero-Covid-19’ policy for collapsing returns July 6, 2022 The chairman of abrdn’s Chinese investment vehicle has pinned collapsing returns on Beijing’s controversial ‘zero-Covid-19’ stance and geopolitical woes. While the country is still considered to have significant growth prospects in the long-term, returns on assets in the country have plunged 23 per cent in the six months to 30 April, reversing a nearly 19 [...]
Rainfall: On a mission to unlock financial value July 5, 2022 From the Crypto AM magazine, Amit Pradhan explains the role of Rainfall in empowering mothers around the world.
Apple knocks Amazon off the top spot to become world’s most valuable brand June 15, 2022 Tech giant Apple has pushed Amazon off the top spot to be the most valuable global brand, ranking higher than Google. Apple is set to become the first trillion-dollar brand, with a brand value of $947.1bn with plans to enter into the Buy Now Pay Later arena. Google shot up the rankings to second place, [...]
Exclusive: Co-working firm Second Home launches sale process amid battle for rescue cash June 6, 2022 Shared office firm Second Home has started scouting for a buyer in parallel with efforts to secure rescue cash, CityA.M. understands. The workspace provider has launched a sale process after administrators from FRP Advisory were called in to help fend off insolvency. Headed by a former aide to ex-Prime Minister David Cameron, Rohan Silva, Second [...]
FTSE 100 continues rally as markets boosted by relaxing of China’s Covid measures May 30, 2022 London’s FTSE 100 hit its highest level in a month, buoyant by 0.4 per cent, as the relaxing of Covid restrictions in China boosts confidence across international markets. The capital’s premier FTSE 100 index climbed to 7615.82, having closed at 7,585.46 on Friday. British Airways owner International Airlines Group led the charge with a three [...]