Billionaires’ wealth swells to record $10.2 trillion during pandemic October 7, 2020 The world’s billionaires got a whole lot richer during the pandemic, seeing their collective fortunes rocket to a record height of $10.2 trillion (£7.9 trillion) in the height of the coronavirus crisis. The super-rich cashed in on lockdown shopping trends and a V-shaped economic rebound to boost their wealth more than a quarter from April [...]
Top home entertainment solutions to get you through lockdown November 10, 2020 We’ll all be spending the next few weeks in the house, and even Christmas looks likely to be a subdued affair this year. So why not console yourself by pimping out the living room in which you’ll be whiling away your precious hours? Here’s our pick of the top home entertainment solutions on which to [...]
Amazon misses sales estimates despite skyrocketing profits October 25, 2018 E-commerce giant Amazon missed consensus sales estimates as it reported its third quarterly earnings tonight, taking its share price down more than six per cent in after-hours trading. Net sales for the quarter rose 29 per cent year-on-year from $43.7bn to $56.6bn (£49.8bn), narrowly missing estimates of $57bn as collated by S&P Global Market Intelligence [...]
Eurostar to roll out facial verification technology from next year June 17, 2020 Eurostar is set to roll out facial verification technology on services from London, meaning that passengers will be able to skip borders and ticket checks. The new technology, from biometric authentication firm iProov, will allow passengers to make entirely contactless journeys through the deployment of a facial biometric corridor at St Pancras station. The UK-based [...]
Google ousted from NHS coronavirus data project July 15, 2020 Google has been dropped from a partnership deal with the NHS to populate its coronavirus database, posing a setback for the tech giant’s plans to integrate into the UK’s digital infrastructure. The health service’s digital arm NHSX signed a contract with Google in April to consult on the project, but the deal was terminated last [...]
Live sport: How, when and where to watch all the best action on TV this Christmas December 20, 2019 It’s the most wonderful time of the year if you are a sports fan with endless live action to get stuck into. Here City A.M. details the biggest and best events over the festive period and how to watch them. Scroll down for a full list. Football It all gets underway this Saturday as Arsenal [...]
Bitcoin’s closing price for October was its second highest ever monthly close November 3, 2020 By any measure, last week was a pretty special one for Bitcoin. Let’s take a look at the main highlights. On Tuesday (October 27), the plans of Singapore’s DBS Bank, the largest bank (by assets) in South East Asia, to launch its own crypto exchange (“DBS Digital Exchange”) got leaked when the landing page for [...]
Effective and efficient capital markets in an increasingly digitised world July 21, 2020 The past few months have seen a real shift in the way we are all living and working. Many of the previously accepted ways of doing things are suddenly no more, and the appetite for doing things differently and embracing new modus operandi is now rife, globally. We are witnessing a real paradigm shift, and [...]
Bloomsbury print book sales drop during coronavirus lockdown May 20, 2020 Publishing group Bloomsbury warned this morning that print revenue has plummeted during the coronavirus pandemic as book shops around the world have closed during lockdowns. In Bloomsbury’s worst case scenario, print revenue, which comprised 79 per cent of total sales last year, could fall between 60 per cent to 65 per cent this year. In [...]
Morrisons profit sinks as Covid costs outweigh sales boost September 10, 2020 Morrisons today reported higher sales for the first half of the year but said costs related to Covid-19 safety measures had hit profit. The figures Morrisons reported total revenue of £8.73bn, down 1.1 per cent on the same period last year. But like-for-like sales excluding fuel rose 8.7 per cent. Statutory profit before tax fell [...]