If McLaren end Red Bull and Mercedes duopoly, it’s great for F1 October 26, 2024 In just one corner at the Circuit of the Americas in Austin, Lando Norris looked to have blown his shot at winning a first ever Formula 1 world championship, despite there being another five races between now and the coronation in Abu Dhabi. Max Verstappen is by no means driving with the confidence he has [...]
Apple Watch Ultra 2 is the brightest and best October 23, 2024 We write a lot about watches at City AM. Watches that have been up as far as the moon. Watches that have been down as low as the Mariana Trench. The versions of these trail-blazing timepieces that end up being sold to the likes of you and I enjoy a rather less salubrious fate, adorning [...]
The City is ready to bet on Britain. Now let’s see some bold moves October 21, 2024 The Investment Summit signalled a huge vote of confidence in the City - now let's use that to act, writes Chris Hayward.
iPhone 16 Pro review: Amazing camera keeps Apple on top October 17, 2024 The iPhone 16 Pro is not a reinvention of the wheel, rather a polishing of that wheel to an absurd degree, tweaking this, fiddling with that, and in doing so ensuring Apple’s flagship handset remains the phone to buy as we rattle towards the end of 2024. There are two items of headline news for [...]
Supermarkets face calls to ban plastic for fresh goods October 17, 2024 An influential environmental NGO has called for the Government to ban plastic packaging on fruit and vegetable products in a bid to make grocery shopping more environmentally friendly. Waste and Resources Action Programme (Wrap) have called for a ban on packaging for 21 products including apples, carrots and tomatoes to reduce food and plastic waste. [...]
How ASML sparked a global chip stock sell off October 16, 2024 Chip equipment maker ASML warned of a slower than expected recovery in the semiconductor market on Tuesday, triggering panic among investors who quickly offloaded stocks across the sector. The company’s quarterly results, accidentally published a day early, revealed orders that were half of what investors had expected. The company also cut its forecast for next [...]
Fundsmith Equity plummets down most bought list as passives dominate October 15, 2024 Fundsmith Equity, the largest investment fund in the UK, fell 12 places down Interactive Investor’s most bought list in the third quarter of 2024, as passives cemented their majority on the list. The £23.8bn fund, run by star fund manager Terry Smith, fell from eighth on the list to 20th, the biggest movement of any [...]
A wine-lover’s guide to sober October October 15, 2024 I may be biased given it is my career and passion, but wine really is an incredible drink. Even given my love of the drink however, I can fully support and applaud (if often from a distance) those choosing to curb their intake. In the recent report by KAM it was revealed that 74% of [...]
Meet the fund managers: Quality companies at a value price October 14, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Chris Rossbach, manager of the J. Stern & Co. World Stars Global Equity Fund. This is a transcript from an interview you can watch online. It has been edited for length and clarity. [...]
Has Fifa wildly overestimated the value of Club World Cup media rights? October 11, 2024 Was Fifa too hasty in rejecting Apple’s reported $1bn (£760m) offer for media rights to next summer’s inaugural beefed-up Club World Cup? That is a question football’s governing body may have to ask itself as time ticks down towards the new 32-team tournament in the US next summer. With only eight months to go until [...]