City Moves: Who’s switching jobs in the Square Mile this week? September 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Pictet Wealth Management poaches Goldman Sachs veteran as new CEO Pictet Wealth Management has appointed a Goldman Sachs veteran as its new CEO, following the departure of its long-standing lead Heinrich Adami. Joining next week, Robert [...]
Meet the youngest professional winemaker in the UK June 21, 2021 At 25, Tommy Grimshaw is perhaps the youngest professional winemaker in the UK. His office is at Crawthorne Farm, part of the 1,000 hectare Langham Agricultural Estate around the Grade 1 listed Melcombe Manor House in Dorset. “We take a low intervention approach to both grape growing and wine production, meaning that all of our [...]
EA to buy UK game developer Codemasters for $1.2bn December 14, 2020 Gaming giant Electronic Arts (EA) has reached a deal to buy British firm Codemasters for $1.2bn (£900m), gatecrashing US rival Take-Two Interactive’s earlier offer. Codemasters said it has “shared ambitions to lead the video game racing category” with California-based EA. “The board of Codemasters firmly believes the company would benefit from EA’s knowledge, resources and [...]
Pubs urge government to reverse ban on takeaway pints during lockdown November 2, 2020 Pubs have called on the government to reverse its decision to ban hospitality venues from selling takeaway pints during the second coronavirus lockdown, saying the move could cause more businesses to collapse. On Saturday the Prime Minister announced that all hospitality venues in England will be ordered to close to dine-in customers on Thursday in [...]
Back in black: Saracens ready to resume fight for Premiership supremacy September 17, 2021 Little more than a year ago Saracens left the Premiership with their tails between their legs, effectively kicked out for breaching salary cap rules. Since then they have undertaken a partial rebuild based on strength in depth, shrewd recruitment and a need to prove the doubters wrong. Now Saracens are back in the big time [...]
Markets live: Wall Street bull run resumes as FTSE 100 pushes higher August 12, 2020 Wall Street continued its winning streak as markets opened this afternoon after the FTSE 100 shrugged off dour UK GDP data to push higher. The blue chip index closed up 2.20 per cent at 6,289 points, marking a three-week high. Traders shrug off recession It comes after official data showed UK GDP shrank 20.4 per [...]
Wall Street slips despite better than expected US jobs data March 4, 2021 US stocks opened lower on Thursday as Wall Street reckoned with yesterday’s technology-led selloff, despite new data showing an improved US employment market. The tech-heavy Nasdaq slid 2.4 per cent this afternoon, with carpet company Dixie Group pulling the index down with a 48 per cent drop. Tesla shares extended yesterday’s loss of more than [...]
Your guide to the 2021 London Cocktail Month September 29, 2021 No longer content with a mere week, this year’s celebration of mixology has been rebranded London Cocktail Month. Featuring a packed schedule of events, from food pairings to hands-on masterclasses, the next four weeks are the perfect time for booze enthusiasts to indulge. With dozens of bartenders creating hundreds of special drinks for the occasion, [...]
Best of 2021: Lilian Thuram on equality, books and Southgate December 27, 2021 In this interview from November, World Cup winning former France footballer Lilian Thuram explains why he turned his back on the game when his playing career ended to focus on championing equality through his foundation and, more recently, his books. A bespectacled Lilian Thuram reaches for a map of the world and turns it upside [...]
Submarine disaster: Oxygen supply on Indonesian vessel has run out with no sign of life April 24, 2021 The oxygen supply for the 53 crew members of an Indonesian submarine missing in waters off Bali is believed to have run out with no sign of the vessel. The search for the KRI Nanggala 402 resumed earlier this morning, bolstered by the arrival of a sonar-equipped Australian warship. It went missing after its last [...]