New York Times shares hit record high as it adds 1m digital subscribers February 6, 2020 Shares in the New York Times jumped to a 15-year high today after the company said it gained more than 1m digital subscribers in 2019. The newspaper group posted operating profit of $78m (£60m) in the fourth quarter, up from $74.7m in the same period last year. Revenue also ticked up 1.1 per cent over [...]
Brits became less happy amid Brexit deadlock, figures show February 6, 2020 Brits became significantly less satisfied with their lives in the third quarter of 2019 for the first time since official records began, figures showed today, as people became gloomy about their future job prospects. The Office for National Statistics (ONS) has measured personal and economic well-being in the UK since 2011 in an effort not [...]
Republicans acquit Donald Trump in impeachment trial February 6, 2020 President Donald Trump was acquitted yesterday in his Senate impeachment trial, saved by fellow Republicans who rallied to protect him nine months before he asks voters in a deeply divided America to give him a second White House term. The businessman-turned-politician, 73, survived only the third presidential impeachment trial in U.S. history – just like [...]
Housebuilder Redrow’s profit falls 15 per cent February 5, 2020 Housebuilder Redrow hailed what it called a “robust” performance in the six months to December, despite posting a 15 per cent fall in profit amid “an uncertain political and economic background”. The figures Redrow revealed profit before tax sank 15 per cent year on year to £157m in the first half of its 2020 financial [...]
Citigroup suspends senior bond trader over alleged canteen theft February 3, 2020 Citigroup has suspended one of its most senior London-based bond trader after accusing him of stealing from the office canteen. Paras Shah abruptly left his post as head of Citi’s head of EMEA high-yield bond trading last month. The Financial Times reported that the bank suspended Shah after alleging he had stolen food from the [...]
Atlantic Crossing: What should be on the UK’s trade deal wishlist? February 2, 2020 Now that Brexit has become reality, the United Kingdom can use its newfound independence by negotiating an ambitious free trade agreement with the United States. Such an agreement can deepen commercial ties between two longtime allies, not only in goods trade but also in financial services and the movement of people. Outside the European Union, [...]
Coinbase expands institutional crypto asset storage internationally January 30, 2020 Coinbase is expanding its institutional crypto asset storage service internationally, establishing an office in Ireland in a bid to capitalise on growing demand for digital currencies from institutional investors. Coinbase Custody International will be based in Dublin, expanding an existing office in the city. While its main arm, based in San Francisco, does serve Europe-based [...]
Super Bowl LIV preview: Kansas City Chiefs v San Francisco 49ers will see contrasting offences go head to head in Miami January 29, 2020 The Super Bowl is a mammoth sporting event, and an occasion of such magnitude is always going to come attached with a great deal of hype. The NFL showpiece is always billed as unmissable – something fans in the UK should stay up for and immerse themselves in. It’s fair to say that last year’s [...]
City Cultural Corner January 29, 2020 Welcome to The City Culture Corner. Here, the arts and the stereotypical business world of the City of London can intertwine, collide and create. With an overwhelming amount of cultural activity and hotspots in the City, it is often difficult to stay abreast of interesting venues and events in the City. The City Culture Corner [...]
Event: Chineke! Orchestra January 29, 2020 The Chineke! Foundation was created by Chi-Chi Nwanoku in 2015 to provide career opportunities to established and up-and-coming Black and Minority Ethnic (BME) classical musicians in the UK and Europe. City A.M. Club members are offered a 20% discount on full price tickets. The code can be entered at the checkout stage online, over the [...]