Energy giant Glencore has been ordered by the Swiss authorities to pay a fine and compensation totalling around £119m, resolving a probe into the bribery of a Congolese public official …
Personal Finance
Twickenham rugby ground becomes Allianz Stadium after deal struck with firm
The home of English rugby Twickenham will now be known as Allianz Stadium after the Rugby Football Union and the insurance and asset management giant finalised a new partnership. Under …
Rachel Reeves to ‘bang drum for Britain’ on North America investment drive
Rachel Reeves is set to “bang the drum for Britain abroad” as she jets to the United States and Canada in a bid to attract investment and confirm the UK …
European airline results make for ‘depressing reading’, says Air Astana boss
The recent performance of European airline makes for “depressing reading,” the boss of Air Astana has said, in the latest signal the post-Covid boom in Western aviation may be slowing. …
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion
The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a golf club in Ascot, following a lengthy investigation by the …
‘Uncomfortable reading’: UK tech growth drags as number of new companies falls by 11 per cent
Growth in the UK’s booming tech sector is stalling, new data suggests, with new data pointing to a sharp slowdown and making for “uncomfortable reading” in light of the sector’s …
London T100: What it means to redefine triathlon
City A.M. recently partnered with T100 and attended its event over the weekend, where some of our staff had the chance to showcase what they were made of and show …
Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks
Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to …
Yum: KFC and Pizza Hut owner surges back into the black
Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands. The group’s European division has reported a …
How the Bank of Japan fuelled the market rout
Japanese equity markets suffered their worst day in decades as part of a global market sell-off fuelled in part by a long-awaited normalisation in Japan’s monetary policy. The Nikkei 225 …