Oil prices tumble as China lockdowns cut into demand expectations May 2, 2022 Oil prices have plummeted amid forecasts of weak economic growth in China, which has lowered demand expectations.
From Harry Styles to house prices: The top ten most read stories on City A.M. this week February 17, 2023 From Harry Styles’ Grammy outfit to more recession speculation, to here are the top ten most read stories by readers of City.A.M. this week, ending Friday 17 February. One: Harry Styles’ Grammys outfit The former One Direction band member’s choice of outfits came under the spotlight as he made appearances at both the Grammys and [...]
A Tale of Two Forecasts: Investors back IEA’s hiked demand outlook over OPEC gloom August 11, 2022 Investors have backed the IEA's outlook for oil demand over OPEC's, with both organisations offering contrasting visions this year.
ITM Power’s shares plummet 14 per cent after hydrogen specialist makes third profit warning in eight months January 16, 2023 Shares in ITM Power nosedived 13.5 per cent on the London Stock Exchange this morning, after a third profit warning in eight months.
Climate tech and AI set to drive rebound in UK venture capital investment January 10, 2024 UK venture capital investment is set to recover in 2024, according to HSBC, after turning a corner in the second half of last year thanks to a boom in early-stage investing.
Ukraine: Raab plays down threats of Putin using nuclear weapons March 6, 2022 Dominic Raab has played down the chances of Vladimir Putin using nuclear weapons as a result of the invasion of Ukraine, with the Russian President’s threats labelled as “rhetoric and brinkmanship”. The deputy Prime Minister said Putin has a “track record of misinformation and propaganda” in the wake of the Kremlin’s decision last week to [...]
Avon Protection shrinks losses as defence sector floods with cash November 22, 2022 Avon Protection, which makes protection gear for the military, police and fire fighters, has managed to shrink its losses as the defence sector is flooded with government cash. The British company has wound down losses to $2.1m, from nearly $30m a year ago. Avon’s revenue rose 8.6 per cent to $263.5m in the year to [...]
Gazprom chief: Europe is still at risk of gas shortages this winter October 12, 2022 Europe should watch out for a cold freeze this winter and supply shortages, warned the head of Gazprom.
New UK sanctions: Russian aviation and space industry blocked from insurance market March 3, 2022 The UK government has imposed fresh sanctions targeting Russia’s aviation and space industry, meaning that businesses cannot access the UK insurance sector. The measures, hauled in in response to Russia’s invasion of Ukraine, will “severely limit” access to the global insurance and reinsurance market, the UK government announced today. The European Union (EU) is expected [...]
Right to be entertained: Russians sue Netflix after market exit April 13, 2022 Russian Netflix users are suing the streaming giant after it exited the market last month, citing a violation of their rights. Nearly 200,000 people have launched a lawsuit against Netflix, demanding 60 million roubles (£563,000) in compensation, the RIA news agency reported. “Today, a law firm representing the interests of Netflix users filed a class [...]