ETF Ponzi funds: How market bubbles are born every day May 28, 2024 'Ponzi funds' chasing a small number of stocks are inflating asset prices by as much as $500m every day, a new paper has revealed.
London Gatwick co-owner strikes £1.27bn deal for majority stake in Edinburgh Airport April 17, 2024 A majority stake in Edinburgh Airport has been acquired by French infrastructure group Vinci for £1.27bn, it has been confirmed.
Man United drop clear hint over £2bn, 100,000-seater new stadium September 4, 2024 Manchester United have opened talks with the Rugby Football League over a long-term deal to host the Super League Grand Final at Old Trafford – the clearest hint yet that they are pressing ahead with plans to build a new 100,000 stadium next door. The RFL’s current staging agreement with United expires following next month’s [...]
Will National Grid’s £7bn fundraise be enough for its ambitions? May 23, 2024 The new £60bn plan is ambitious, with just over half of the investment being spent in the UK, and the rest going to National Grid's US operations.
Our Rugby World Cup 2023 team of the tournament: Jalibert or Pollard? Smith or Dupont? October 30, 2023 This year’s Rugby World Cup was one which saw the rise of Tier Two nations, the further development of the established ones, and another title for South Africa – as reflected in the City A.M. team of the tournament. 1 – Ox Nche, South Africa Prop Ox Nche was a superb super-sub during much of [...]
Shum’s Bull looks to have a Golden opportunity October 27, 2023 BANK on trainer Danny Shum to continue his rich vein of winning form when he sends a four-horse raiding party to a rare 10-race programme at Happy Valley in Hong Kong on Sunday. Shum, of course, will be hoping to arrive back into the city for a heroes’ welcome, following his trip to Australia to [...]
Grand Central: Bid for 550,000 more seats on routes between London Kings Cross and the North May 21, 2024 Arriva Group has applied to the Office of Rail and Road to add a number of open access routes between London and the North.
Investec Champions Cup Barometer: Munster boosted by Murray move March 18, 2024 In the lead up to the 2023-24 Investec Champions Cup Round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: Munster, Ireland With almost no competitive club rugby across Europe at [...]
Microsoft snaps up former OpenAI chief Sam Altman to lead research team November 20, 2023 Microsoft has appointed Sam Altman, the former boss of OpenAI to head a new advanced AI research team at the tech giant.
UK ‘risks being left behind’ as red tape choked tech start-ups, new report warns May 23, 2024 The UK “risks being left behind” as red tape is choking the potential of UK tech start ups, a new report has warned.