Deutsche Bank and Morgan Stanley to join the wave of institutions entering the Crypto fray. It begs the question – when $50,000 for Bitcoin? February 15, 2021 Crypto at a Glance It was an eventful weekend in the markets, though one characterised primarily by near misses. Bitcoin came within a nose hair of $50,000, Ethereum still hasn’t quite made it over the $2,000 line, and Cardano is yet to hit that dollar mark. The total market cap of all crypto markets did [...]
Government must re-engineer the economy for a new way of working February 14, 2021 The Bank of England predicts the UK economy will recover rapidly from the Covid-19 shock, as vaccines are rolled out across the country. But might a vaccine-resistant mutation and a failure to bring workers back to offices with sufficient speed scupper such optimistic forecasts? The threats are real and worth considering. The chance of a [...]
When Fulwell freezes over: Thames turns to ice for first time in 60 years February 12, 2021 Parts of the River Thames have frozen for the first time in 60 years as the UK plunges to the coldest temperatures on record for February. Seagulls perched on a frozen Thames in Teddington, south west London, this afternoon as it iced over for the first time since Britain’s Big Freeze in 1963. The slow [...]
City Spirits: Champagne and Cognac the perfect recipe for Valentine’s Day February 12, 2021 Several years ago, Joel Harrison and Andy Silvester met in a south London pub discussing lower-league football. Fast forward, and Joel is now the co-author of several books on spirits and one of the world’s leading booze writers and creative consultants, and Andy Silvester is City A.M.’s Acting Editor – with a penchant for cocktails and London’s [...]
Uber launches same-day parcel delivery service pilot February 11, 2021 Uber has today launched a new same-day delivery service which will allow users to have their parcels chaffeur-driven to their destination. The service, which is called Uber Connect, will cost the same as ordering a regular Uber X journey. An initial pilot of the programme will begin in Manchester, Leeds and Birmingham. Jamie Heywood, regional [...]
Hospital in Israel says it may have found Covid-19 cure as all treated patients make full recovery February 10, 2021 A number of severely ill Covid-19 patients made a full recovery within five days after being treated with a relatively unknown cancer drug, according to multiple media reports in Israel today. Researchers at the Ichilov Hospital in Tel Aviv told Israeli’s KAN News network that out of 30 seriously ill Covid-patients that were treated with [...]
Rusty Rabbit is Europe’s first black female owned Champagne February 10, 2021 Lapin Rouillé Champagne, which means “Rusty Rabbit” – has become the first and only female black-owned Champagne brand in Europe. Sourced from a small single estate producer near Reims, Nichole Johnson’s Rusty Rabbit is made from 100 per cent Pinot Meunier grapes. Johnson’s Rusty Rabbit Drinks portfolio includes Brentingby True Craft Gin, Revel Spirits, California’s [...]
Spirited away: The Brits making their own brand of tequila February 8, 2021 Two Englishmen have founded one of the first British tequila brands, creating their own line of super-premium, 100% agave spirit. VIVIR is distilled in collaboration with the multi-award-winning Casa Maestri, using natural volcanic spring water and traditional production processes. “I worked for a food company and brought Bircher muesli to the UK,” says co-founder Paul [...]
Special wines to treat your beau this Valentine’s Day February 8, 2021 “We sold a bottle of Sine Qua Non The Hussy Roussanne 2000 to a customer for Valentine’s Day. It currently retails for £1,580. The most expensive bottle we have in the shop is the Macallan Lalique 2 55YO, which sells for £145,000.” Established in 2012 in the heart of London’s Mayfair by Russian mobile phone entrepreneur [...]
Dating app Bumble boosts size of its IPO offering February 8, 2021 Bumble has boosted the size of its IPO by nearly $2bn bringing its valuation to more than $7bn when it goes public. The dating app, which competes with rivals such as Tinder and Hinge, announced it was looking to raise as much as $1.8bn in its stock market debut. It plans to boost its share [...]