Apple’s first reported revenue drop in four years adds to tech woes with Google also reporting a decline in sales February 3, 2023 Apple posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone . The company’s sales of $117bn (£96bn) between October and December period were down five per cent on the same quarter the previous year, a deeper downturn than analysts had projected. [...]
Cafe Koko: New Camden Pizza restaurant review January 31, 2023 Arriving in the evening, you can see the warm orange glow of Koko before you see the building itself. Taking up an entire block, the recently renovated, 122-year-old music hall once again sits at the heart of Camden, having closed in 2020 following a fire. The £70m refurbishment includes an extensive private members’ area with [...]
Amazon Prime and Netflix brace for cancellations as Brits look to trim spending January 30, 2023 More Brits are planning to unsubscribe from video streaming services this year, after new data revealed the number paid-for subscriptions in the UK fell by two million last year as rising costs continue to eat into household budgets. Data analytics group Kantar revealed today that the number video streaming subscriptions in the UK fell from [...]
The long shadow of Dominic Cummings might just start an invention boom January 30, 2023 ARIA, the government sponsored independent body is designed to fund new scientific and innovation projects. It might the last hangover of Dominic Cummings in Downing Street, writes Eliot Wilson
Straits Kitchen at the Pan Pacific hotel is great for Chinese wine January 28, 2023 If you’ve read about the rise of Chinese wine and are looking to explore its rise then there’s nowhere better than Straits Kitchen in the Pan Pacific Hotel. Sommelier Francois Bertrand is passionate about providing wines to fit their Asian menu, believing the variety and quality from China will surprise and delight. What unfolded over [...]
Keefy may be the key to the Classic Mile for Lor January 27, 2023 IF THE local official handicap ratings are to be believed, Cordyceps Six should be a certainty in the £1.2 million Hong Kong Classic Mile (9.15am). A winner of six of his 17 career starts, he is rated 11lbs in front of his nearest rival, but there is a major problem – he has yet to [...]
Fintech Scaling Show Podcast: The Evolution of Fintech in 2023: In Conversation with GFA Exchange with Joel Blake January 24, 2023 In recent years, fintech has taken the centre stage in helping facilitate an inclusive financial ecosystem, with far-reaching digital solutions that have the potential to unlock the nearly two billion people worldwide who are excluded from formal financial services. In this informative and thoughtful podcast, Joel Blake OBE, Founder & CEO of GFA Exchange sat [...]
Why is the FTSE 100 nearing a record high with a recession looming? It ain’t the economy, stupid January 24, 2023 The FTSE 100 is becoming one massive hedge fund. That’s why it’s doing so well when all the doomsters have warned the UK is headed for a long, albeit shallow, recession over the next year. Of course, the stock market isn’t the economy. How many high street coffee shop owners do you know that worry [...]
Davos round-up: Goldman’s consumer banking headache, Big Tech layoffs and Germany’s green drive January 18, 2023 As some of the world’s most important CEOs, politicians and thinkers gather at the World Economic Forum in Davos to discuss an array of economic, political and social challenges, City A.M. wraps up some of the top lines from the day. Goldman Sachs’ consumer banking headache Goldman Sachs’ foray into consumer banking has not gone [...]
Goldman Sachs income slides by £2bn with investment banking bearing brunt of a drop in dealmaking January 17, 2023 Goldman Sachs underperformed analyst estimates as a near halving in investment banking revenue and an expansion in loss provisions led to a steep drop in income. Profit dropped to 44% in the quarter ending 31 December 2022 compared to the same period last year. Goldman’s earnings per share slumped to $3.32, down from $10.81 last [...]