Lionel Messi tipped to make Inter Miami worth $1bn and be MLS ‘game-changer’ June 8, 2023 Lionel Messi’s impending transfer to Inter Miami has been hailed as “a game-changer for Major League Soccer” that will make the US franchise worth more than $1bn. Messi announced on Wednesday night that he has chosen to join Miami over offers from Saudi Arabia and former club Barcelona after leaving Paris Saint-Germain. His superstar power [...]
Link chief John Howells on bank branch closures, payments and the battle for cash June 8, 2023 Link's chief John Howells says the nation can't "abandon" its cash users.
Explainer: How does Apple’s new virtual reality headset work? June 6, 2023 Yesterday, Apple did something that could revolutionise the way we interact with tech and with our surroundings: it launched Apple Vision Pro, its $3,499 virtual reality headset. Apple CEO Tim Cook described it as “the first Apple product you look through, not at”. The idea might feel a little daunting at first – but once [...]
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK June 6, 2023 The CMA decision to block Microsoft from acquiring Activision could be detrimental in the long-run: it could scare off other companies who will choose to set up shop elsewhere, writes Jason Chapman
Aston Martin DB12: First look at glam new British super tourer June 5, 2023 Everything you need to know about the new Aston Martin DB12, including power and performance figures, plus how it's likely to drive.
Wall Street rises on hopes the Fed may take it easier on rate hikes June 2, 2023 Wall Street rose on Thursday with hopes that the Federal Reserve may soon take it easier on its hikes to interest rates. The S&P 500 rallied 1 per cent after a suite of reports painted a picture of a split US economy. The job market remains solid, but manufacturing is weakening and retailers are seeing [...]
More than a year after Russia’s invasion of Ukraine some firms still can’t – or won’t – quit Moscow May 25, 2023 Some global companies are still operating in Russia more than a year on from the country’s invasion of Ukraine. Firms were quick to respond to the full-scale war, which broke out last February, with some saying they would quit Russia immediately and others curtailing imports or new investment. Billions of pounds of factories, energy holdings [...]
City Pages: The five new books on our radar this month May 25, 2023 From hacking bears to scandal in Westminster, here's what we've been reading at City A.M. this month.
Man Capital buys new Major League Soccer franchise in San Diego for record £400m May 18, 2023 London-based Man Capital has been confirmed as the owner of a new San Diego franchise in Major League Soccer after agreeing a record deal with US football chiefs. The family office of Egyptian billionaire Mohamed Mansour, the Conservative Party senior treasurer, is understood to have paid around $500m (£402m) for the team, who will begin [...]
Why the network state is the next logical evolution to current forms of governance: Part 2… May 18, 2023 Dr Chris Kacher with his second instalment of 'The Network Web3/Blockchain/Money State' as he hails decentralisation.