Four unique spirits for National Tequila Day – and cocktail recipes to match July 24, 2020 According to the powers that be, Friday 24th July marks National Tequila Day – and who are we, humble City A.M. journalists, to argue? The agave spirit may have once suffered from a reputation for student union misadventures, but over recent years even Brits have woken up to the fact that there is as much [...]
Twitter hack promoting Bitcoin scam draws headlines, but price remains ‘boring’ July 21, 2020 This week the price of Bitcoin (BTC) started trading around $9,300 but over time traded downward to a low testing the $9,000 support, before moving up to trade close to $9,200. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week close to $245 and traded within its range throughout it. Bitcoin made headlines [...]
City of London office leasing hits all time high February 20, 2020 Office space leasing in the City hit an all time high in 2019, rising to 43 per cent of all take up across London, according to the latest research. Leasing in the City reached 6.4m sq ft last year, a jump of three per cent on the previous year. Total office leasing in London reached [...]
Amazon launches investigation into claims employees accept bribes for leaked data September 17, 2018 Online retailer Amazon is to conduct an investigation into claims that some of its employees have been accepting bribes for exchanging confidential sales data. The Wall Street Journal reported that employees are allegedly selling information on sales and searches to independent merchants using its platform, as well as deleting negative reviews, with the aim of [...]
Amazon launches investigation into claims employees accept bribes for leaked data September 17, 2018 Online retailer Amazon is to conduct an investigation into claims that some of its employees have been accepting bribes for exchanging confidential sales data. The Wall Street Journal reported that employees are allegedly selling information on sales and searches to independent merchants using its platform, as well as deleting negative reviews, with the aim of [...]
Supermarket delivery slots: Which grocers offer home delivery amid UK coronavirus outbreak? June 3, 2020 UK supermarkets are racing to increase capacity as the demand for home delivery services soars amid the coronavirus pandemic. All UK supermarkets are prioritising home delivery slots for those who are vulnerable, elderly, disabled or self-isolating. Many have introduced special in-store shopping hours dedicated to key workers. The surge in demand following the coronavirus outbreak [...]
Amazon poised for trillion-dollar valuation despite stock shorts September 2, 2018 Amazon is set to become the second US publicly-listed company to reach a $1 trillion (£771.2bn) market capitalisation this week, despite it overtaking Tesla as the most shorted stock on Wall Street. The e-commerce giant broke past the $2,000 per share milestone on Thursday evening, holding investors in suspense. Fellow tech giant Apple became the first [...]
Department for Transport signs up to Google Cloud in move that lessens reliance on AWS November 19, 2019 The Department for Transport (DfT) has awarded a major contract to Google, after previous criticism that Whitehall relies too much on Amazon Web Services (AWS). The DfT has awarded the search giant a contract to become its data cloud provider from 2020. Read more: Google Cloud buys analytics firm Looker for £2.6bn Google Cloud will [...]
Riding by: Kapten’s new chief executive plots out the company’s bold future October 27, 2019 French ride-hailing company Kapten launched in London six months ago, with a bold plan to loosen Uber’s iron grip on the sector. The company barged onto the scene in April and immediately paid for a flurry of advertising playfully mocking its competitor. “Others avoid paying VAT in the UK – that’s not Uber cool,” one [...]
How the 2020 global share slump and recovery ranks in history December 21, 2020 Stocks saw a record crash followed by a record rebound in 2020, creating some disparity between markets, as Duncan Lamont explains. The global stock market crashed at a record speed in early 2020 (Figure 1). On its way to a total decline of 34%, it clocked up a 30% loss in just 40 trading days. [...]