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. …
Financial Planning
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 …
US stocks crater as investors panic and markets bet on emergency rate cut
US stocks cratered on Monday as the prospect of a recession in the world’s largest economy spooked investors across the globe and tech giants were hit by a mass sell-off. …
Losses from in-store retail fraud rise 2,000 per cent in 2024
Reports of in-store retail fraud rose by 545 per cent in the first six months of 2024 compared to 2023, while losses rose an estimated 2,000 per cent, according to …
Will the Rolls-Royce share price continue to defy gravity?
In the midst of the pandemic, investors would have baulked if you’d said the Rolls-Royce share price would become one of the hottest stocks in the FTSE 100 within a …