Ten ways the electric car revolution will transform the global economy September 1, 2016 The world has begun a rapid switch to electric vehicles. In the first half of this year, worldwide sales were up 57 per cent to 285,000, despite low oil prices, and there are now more than 1m electric cars on the world’s roads for the first time ever. Last February, Bloomberg New Energy Finance (BNEF) [...]
Before the bell: What you need to know before the US market open August 24, 2016 It's another scorcher in London and the FTSE 100 is feeling the heat, though European markets are broadly mixed as they digest the Bank of England's latest bond-buying spree. Here's what you need to know before the market open at 2:30pm London time. The S&P is up by 0.8 per cent in the pre-market, while the Nasdaq [...]
Elon Musk just revealed a “ludicrous” move for Tesla’s product range August 23, 2016 Tesla has today announced revamped versions of its Model S and Model X, which will take advantage of a more powerful battery pack. Chief executive Elon Musk has revealed the upgraded vehicles will take advantage of a feature called "Ludicrous mode" to offer the fastest acceleration among Tesla's offering so far. "I think this is going to send a [...]
Fancy driving a Tesla? You can rent one from Heathrow Airport August 17, 2016 Horses were a cool way of getting around. You couldn’t ride one into a tree or over the edge of a cliff, even if you tried. You could fall asleep on them and safely wake up in the stable next to your house. They eat nothing but hay and poop out pure, nutrient-rich horse puddings. [...]
Great expectations: Are ambitious goals a recipe for success or demotivation? August 17, 2016 Tesla chief executive Elon Musk outlined last month an update to the “master plan” he published a decade ago. He was vague on detail, but the car manufacturer is to develop electric cars, trucks, buses, and an app through which customers will be able to lease their vehicle. Next to his other venture, Space X, [...]
Barter for a living: Astus co-founder Frances Dickens talks media barter, tackling China and risk aversion August 15, 2016 "I can't think of anything more stupid than setting up my own media barter company,” says Frances Dickens candidly. “But it has worked.” Since 2003, the Astus co-founder and her partner Paul Jackson have grown Astus into the largest barter company in the UK, Ireland and Australia, and with it, the size of the market [...]
Before the bell: What you need to know before the US market open August 10, 2016 The UK economy is slowing down after its vote to quit the European Union and markets continue to knock on record highs. Here's what you need to know before the US market opens at 2:30pm London time. US markets are pointing up ahead of the open signalling the possibility of further all-time highs. The S&P is [...]
Before the bell: What you need to know before the US market open August 9, 2016 US stocks are nearing record highs and China's inflation grew at its slowest rate in seven months. Here's what you need to know ahead of the US market open at 2:30pm London time. US stock markets are nearing all time highs (the S&P 500 hit an all-time high of 2,185.54 points yesterday, although it pulled [...]
11 business podcasts you need to listen to on your summer holiday August 9, 2016 Podcasts are becoming an increasingly popular medium – partly thanks to the success off the likes of Serial, but also because they're one of the easiest ways to take in information. Looking for something to listen to on the beach? Look no further… 1. TedTalks Business A classic but a goodie, Ted has built up [...]
City A.M. Unregulated podcast: Property entrepreneur Rob Moore on the joys of being disruptive August 8, 2016 Uber's Travis Kalanick has done it. Amazon's Jeff Bezos did it two decades ago. Tesla's Elon Musk does it on a regular basis. This week property entrepreneur Rob Moore, host of the Disruptive Entrepreneur podcast, takes on the topic of disruption. He tells us the story of his failure and subsequent success – and why despite everything, [...]