Israel is building bridges on the foundations of its tech revolution February 27, 2018 David Ben Gurion once famously said: “in Israel, in order to be a realist, you must believe in miracles”. Israel’s founding father was an unrelenting idealist, and it was thanks to his vision that this tiny nation, built from swamps and sand dunes, can today call itself a high-tech superpower. Israel is the startup nation. [...]
Snow in London: Government issues health warning as temperatures plummet February 26, 2018 The government has repeated health warnings after the Met Office issued yellow and amber alerts for snow and said parts of the UK, including London and the south east, would experiencing “exceptional” wintry weather this week. Frank Saunders, the Met Office’s chief operational meteorologist, said: “An exceptionally cold spell of weather is expected this coming [...]
Kylie Jenner’s Snapchat shun shows “financial fragility” of social media February 23, 2018 US celebrity Kylie Jenner yesterday wiped around $1.3bn (£900m) off the market value of Snap. She did so by using another social media platform, namely Twitter. Snap shares fell around seven per cent after Jenner tweeted: “So does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.” While [...]
Met Office issues snow warning for London with temperatures set to plummet February 23, 2018 The government has warned health risks may arise as temperatures plummet across the UK, with the Met Office warning of snow in London and the south east next week. “Cold weather is currently established across the country with widespread overnight frosts,” said Paul Gunderson, chief operational meteorologist at the Met Office. “However, colder conditions are [...]
Berlusconi’s ghost haunts Italy’s general election – and reveals the polarisation of its politics February 22, 2018 Liberal commentators regularly liken President Trump to the former Italian Prime Minister Silvio Berlusconi. The huge personal fortune, the unabashed anti-immigration, tax-cutting populism, even the perma-tanned complexion – the comparisons are irresistible. Yet having previously served three terms as Prime Minister, Mr Berlusconi is no insurgent outsider in Italian politics. With barely two weeks to [...]
On trend: Invest in the new era of British fashion brands February 21, 2018 The past few days have been some of the most important in London’s fashion calendar. As Fashion Week graced us with its presence once more, City A.M.’s Alys Keys reported on the shift towards a more democratic industry, propped up by the power of digital influencers. The internet will continue to redefine how we shop, [...]
Fuller’s buys West Sussex craft brewer Dark Star for undisclosed sum | City A.M. February 20, 2018 London brewer Fuller’s has taken over Dark Star, a craft beer business based in West Sussex. The deal will give Dark Star access to funding so that it can expand into new markets, as it continues to operate as a standalone business. Dark Star’s managing director James Cuthbertson said: “The deal means we will continue [...]
Cryptocurrency founder has a wise head on young shoulders February 20, 2018 As sales pitches go, it’s an unconventional one. In fact it’s more warning than advert, but you can’t argue with the logic behind it. The tweet was as stark as it was short: “Cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time.” So wrote Vitalik Buterin, the [...]
HSBC share price falls: Doubled profits miss expectations as Gulliver goes on his travels February 20, 2018 HSBC more than doubled full-year profits but missed analyst expectations in an early hours announcement today. Shares in the lending giant fell nearly five per cent in the first hour of UK trading. Profit before tax was $17.2bn compared with $7.1bn in 2016. Analysts had projected a bottom line of $19.7bn. “These good results demonstrate [...]
DEBATE: Have the changes to university tuition fees since 2011 failed? February 20, 2018 Have the changes to university tuition fees since 2011 failed? Olivia Utley, news and features editor at Reaction, says YES. When the government first raised the threshold to allow universities to charge up to £9,000 in tuition fees, the idea was to inject some much-needed competition into the higher education sector. The theory was that [...]