Coronavirus: Moody’s downgrades Cineworld after site closures March 24, 2020 Moody’s has downgraded Cineworld after the cinema chain was forced to close all of its screens across the US and Europe in order to slow the spread of coronavirus. The two notch ratings downgrade was triggered by the temporary closures, which have been ordered by governments due to the coronavirus pandemic. Moody’s downgraded the cinema [...]
Fortnite creator Epic Games raises $1.78bn August 6, 2020 Epic Games, the firm behind the popular online multiplayer game Fortnite, said today it has raised $1.78bn in its latest funding round, taking its valuation to $17.3bn. The latest funding round includes the $250m investment made by electronics giant Sony last month for a reported 1.4 per cent stake in the company. Other new investors [...]
Red card to business cards? Not just yet September 4, 2020 For many entrepreneurs and start-ups, it is one of the most exciting elements of launching a company: ordering business cards. The very act of commissioning and receiving shipments of 88x55mm cards showcasing your new enterprise is a visible and tangible sign that you’re ready for business. Could the increasing number of new companies springing up [...]
Screenshot: Have Bezos and Branson ushered in a new era of space tourism? July 23, 2021 This week **Media Moment of the Week: Badger, mushroom, snake **Have Bezos and Branson ushered in a space tourism boom? **No more chill for Netflix Media Moment of the Week: Badger, mushroom, snake Want to feel old? The iconic animated badger video (you know the one) is now almost 18 years old. Aside from lamenting [...]
Our picks for a spook-tacular London Halloween October 28, 2020 Parties for Halloween in London might be off the cards this year but it doesn’t mean you can’t get into the spooky spirit this week. Here’s City A.M.’s pick of some of the best the capital has to offer. Beavertown brings Halloween to your door The north London brewery has launched a delivery service with [...]
Porsche Cayenne Turbo GT 2021 review: the SUV supercar August 19, 2021 The ultimate Porsche Cayenne and the fastest SUV around the Nurburgring, the new Turbo GT puts even the Lamborghini Urus in its place.
We’re shaken and stirred in 007’s new Land Rover Defender November 3, 2020 We drive one of the Land Rover stunt cars from No Time to Die, then sample the new Defender 90 on and off the road.
Nasa launches ninth Mars mission in hunt for signs of past life July 30, 2020 Nasa today launched its next-generation Mars rover from Florida on a $2.4bn mission to find signs of past life on the red planet. The Perseverance rover was aboard an Atlas 5 rocket, which is manufactured by the Boeing-Lockheed joint venture United Launch Alliance. Once on Mars it will also deploy a mini helicopter and test [...]
Why you might never buy a phone again June 8, 2020 In the past few years we’ve ditched DVDs, said goodbye to CDs and realised that owning a car is an expensive inconvenience. Increasingly consumers looking to save time, space and money are streaming, subscribing and leasing their stuff. The next item to lease could be your mobile phone and that’s where London-based startup, www.raylo.com, comes [...]
Bitcoin sets new all-time-high as corporate adoption grows March 15, 2021 CryptoCompare data shows the price of Bitcoin (BTC) started the week at about $50,000 and moved steadily up throughout it until it hit a new all-time high of $61,820.