The City View: Emily Nicolle on London’s fintech scene July 27, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by City A.M.‘s very own Emily Nicolle, our Night and Tech Editor. Emily talks about exclusive new data on the state of Britain’s fintech finances, Apple’s ongoing battles with the European Commission and big tech’s recent troubles. Andy also looks at the government’s removal [...]
Bespoke Aston Martin Vanquish 25 is a retro supercar dream July 25, 2020 Die Another Day certainly isn’t the best Bond film – and frankly, Pierce Brosnan isn’t the best Bond. But the Aston Martin Vanquish might be the coolest car modified by Q Branch. Having shaped the Vanquish two decades ago, Ian Callum has now modified one, too. The famous car designer’s new company – simply called [...]
Six by Nico: “The chippie” goes high-end as London’s newest destination opens July 25, 2020 The struggles of the hospitality industry have been well-documented. So Nico Simeone would have been entitled to be more nervous than usual opening his new London restaurant just as lockdown lifted. Not so, though, he tells City A.M. “There are always a bit of nerves when opening in a new city but we have a [...]
Markets live: FTSE 100 and US stocks drop sharply as US-China tensions flare July 24, 2020 The FTSE 100 and US stocks fell after US-China relations soured and rising coronavirus cases threatened the global economic recovery. London’s blue-chip index closed 1.4 per cent lower at 6,124 points, despite some better-than-expected economic data. The FTSE 250 closed 1.3 per cent down. Read more: Asian shares retreat as US-China tensions sour Germany’s Dax [...]
Intel’s next-generation chip delay sparks shares sell-off July 24, 2020 Intel’s share price sank more than 16 per cent as markets opened this afternoon, after it said it would be postponing the launch of its next-generation chip. Intel said it would be pushing back the launch of the 7 nanometre (7nm) chips by six months until 2022, after it identified a “defect” in its manufacturing [...]
Big tech antitrust hearing delayed as probe gets underway July 24, 2020 A US hearing at which the chief executives of Apple, Alphabet, Amazon and Facebook were meant to testify has been postponed, as politicians press on with a probe into allegations of anti-competitive behaviour. The hearing in front of the US House of Representatives Judiciary Committee’s antitrust panel was meant to take place next Monday, but [...]
The City View: Imran Gulamhuseinwala on Britain’s open banking future July 23, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy is joined by Imran Gulamhuseinwala, the Implementation Trustee of Open Banking Ltd and the man tasked by the Government with driving forward the UK’s adoption of this potentially revolutionary technology. They discuss the journey so far, the challenges along the way, and the burgeoning industry of third-party [...]
Apple shares sink on US deceptive practices probe report July 23, 2020 Shares in Apple fell more than four per cent this evening following a report that the tech firm is facing a probe in multiple US states, which allege it engages in deceptive practices. A March document obtained by a tech watchdog group showed the Texas attorney general may sue Apple for violating the state’s deceptive trade practices [...]
Apple co-founder Wozniak files bitcoin scam lawsuit against Youtube July 23, 2020 Apple co-founder Steve Wozniak is leading a lawsuit launched by tech entrepreneurs against Google and its video site Youtube, over a series of bitcoin scams which use his name and image. Wozniak has accused Youtube of failing to deal with the problem, and ignoring his requests to have the videos taken down. The scam, which [...]
The City View: Andrea Rasca on Mercato Metropolitano July 22, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by Andrea Rasca, the food lover and entrepreneur behind Mercato Metropolitano. They talk about the journey so far – from Milan to Mayfair via the Elephant and Castle – for the food and drink market, his approach to sustainability and ensuring that London remains [...]