EU clears 737 Max for takeoff as Boeing plummets to $13bn loss January 27, 2021 The European aviation regulator has today deemed that Boeing’s 737 Max model is fit to return to service after being grounded for nearly two years. The decision by the European Union Aviation Safety Agency (EASA) came as the aerospace giant posted a mammoth $12.8bn (£9.3bn) operating loss. The twin crises of the grounding and the [...]
Bitcoin shows signs of maturing as world economies look likely to worsen further March 18, 2022 Jason Deane digs through an avalanche of news narratives to decipher what's affecting the price of Bitcoin this week.
BMW M3 Competition review: super saloon gets a grilling May 22, 2021 A new BMW M3 is always exciting news. Tim Pitt goes fast and sideways in the 510hp Competition – and ask how it compares to the E30 original.
JP Morgan pushes ahead with UK digital bank plans November 22, 2020 US investment bank JP Morgan has reportedly promoted one of its top London employees to spearhead the launch of its digital consumer platform in the UK. It has appointed Sanoke Viswavathan, previously chief administrative officer of technology and operations in its corporate and investment division, as the chief executive of its challenger bank. The company [...]
Living up to the hype? Virgin Hyperloop uses its top executives as guinea pigs in first human tests November 9, 2020 Virgin Hyperloop uses its top executives as guinea pigs in first human tests
London Cocktail Week: The events and takeovers keep coming October 7, 2020 London Cocktail Week has burst into life and the fun won’t stop as the festival continues for the rest of October. City A.M. takes a look at the best events, takeovers and bars that you shouldn’t miss. Access to all the events requires a London Cocktail Week wristband, priced at £15 – a bargain at [...]
It’s game over for Alphabet’s Loon balloon broadband adventure January 22, 2021 Alphabet, the parent company of Google, said last night it will shut down its high-altitude broadband connectivity venture Loon. The announcement is at odds with its recent successful endeavours. Loon raised $125m from a SoftBank unit in 2019, and in April 2020 it launched the first balloons to provide commercial connectivity service to Kenyans following [...]
War in Ukraine continues to dominate the economic narrative March 11, 2022 For the third week running there is only one subject that dominates the Friday update – the ongoing fallout of the Russian invasion of Ukraine.
Crypto prices rise even after $600 million hack and US passing infrastructure bill August 16, 2021 Data from CryptoCompare shows that the price of Bitcoin kept on rising this week, moving from around $45,000 to a $48,000 high.
Online sales soar as Dixons Carphone covers wounds of festive store closures January 20, 2021 British retailer Dixons Carphone has seen sales rocket during Christmas as online growth of 121 per cent balanced out store closures. Like-for-like electrical sales increased 11 per cent over the festive period as shares rose by 2.8 per cent, the group announced on Wednesday. Dixons Carphone, who trade as Currys PC World and Carphone Warehouse [...]