Ex-Magic Circle lawyer who injected food with blood found not guilty by reason of insanity May 8, 2022 A London lawyer, who caused £500,000 worth of damage by injecting his own blood into food in supermarkets, has been found not guilty by reason of insanity. Leoaai Elghareeb, 37, was found not guilty, after he entered three supermarkets – Sainsbury’s Local, Tesco Express, and Little Waitrose – on Fulham Palace Road carrying a bucketful [...]
The Analyst: A Silicon Valley report card February 18, 2022 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his monthly column for City A.M. THE YEAR is going quickly. From an analyst perspective, a lot of that has to do with the fact that [...]
Moving markets: Five things shaping the FTSE 100 today January 31, 2024 Asia markets mirror Wall Street's decline; most AI stocks, including Microsoft, Alphabet, and AMD, tumble; China's January factory activity contracts; attention shifts to Fed and BOE policy meetings.
Top whisky to drink this Burns Night January 24, 2024 Tomorrow is Burns Night, the annual celebration of Scotland’s national poet Rabbie Burns. It’s an excuse, if one were needed, to drink whisky
Why Manchester United sale could fetch the Glazer family even more than their £6bn asking price – despite Cristiano Ronaldo exit January 11, 2023 The Glazer family’s hopes of achieving a record valuation for the sale of Manchester United have increased after the football club’s share price reached a four-year high. Some analysts believe it could push the price of a takeover towards $10bn (£8.2bn), in excess of the American owners’ original $7bn (£5.8bn) asking price. United’s share price [...]
Competition watchdog orders Facebook owner Meta to sell Giphy October 18, 2022 The competition watchdog told Facebook’s parent firm Meta this afternoon that it would need to dump Giphy, marking the first time the regulator has blocked a deal struck by a Big Tech firm. In its “final decision”, the Competition and Markets Authority (CMA) ruled that the combination of the two companies would allow Meta to [...]
Music to Spotify’s ears: Watchdog says streaming intervention not needed November 29, 2022 The competition regulator said it will not intervene in the music streaming market, deeming the industry valuable to both artists and consumers. In its final report published this morning, the Competition and Markets Authority (CMA) found that consumers actually benefited from digitisation and competition between music streaming services. Prices for consumers have fallen by more [...]
ITV snaps up Tiny World producer Plimsoll Productions for £103m June 14, 2022 ITV has snapped up a majority stake in indie producer of natural history programmes Plimsoll Productions as the company diversifies its content offerings.
The Notebook: Rupak Ghose on the FTSE’s struggles, Goldman Sachs morale and the ludicrousness of LinkedIn ‘extreme CEO’ routines August 30, 2023 The fintech advisor on reinvigorating the stock market, fintech's payments problem and why nobody actually gets up at 4am to meditate
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]