McLaren in IndyCar: How the papaya team are looking to break America February 22, 2022 When racing gets underway at the 2022 IndyCar season opener in St Petersburg, Florida, on Sunday it will herald a new era in motorsport for McLaren Racing. The British outfit and offshoot of the luxury carmaker, better known for their Formula 1 success, are embarking on their first season as majority owners of Arrow McLaren [...]
Jubilee Weekend: Cruise the Thames to toast her Maj May 23, 2022 One is not quite on the royal yacht – but I’ve certainly found my sort of gin palace as I board our hire boat to cruise the River Thames. To mark the start of the Queen’s Platinum Jubilee celebrations, I’ve joined a party on an eight-berth vessel to steer from Chertsey to Windsor, Her Majesty’s [...]
How to master social media: Five tips for writing well January 25, 2022 Following the topic started in a previous article, here on City AM’s CFA Institute Talk, mentioning that whatever you write on social media, it is important to write it well, Eric Sim now shares some critical lessons on how to do that. When I was 14, I failed an important English literature exam at my [...]
Ecommerce fintech Booste plots London launch after €12m funding round June 15, 2021 Booste, a Polish fintech offering revenue-based financing to ecommerce companies, is planning to launch in London after raising €12m (£10m) in a fresh funding round. The startup, which was co-founded by former Uber Eats executive Jakub Pietraszek, provides ecommerce firms with funding to finance growth through digital ads on Facebook and Google, marketing campaigns and [...]
Finance chief becomes latest executive to leave Deliveroo November 28, 2019 Deliveroo’s chief financial officer has become the latest executive to leave the fast-growing food delivery company. Raif Jacobs, who joined Deliveroo in 2018, left the company in early October, according to a spokesperson. Read more: Deliveroo losses deepen in expansion drive Deliveroo has been hit by a string of executive departures this year following an [...]
The City View: Analysing the G7 plan to phase out Russian oil May 9, 2022 Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7’s decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.’s plan to compete with the likes of TikTok, and break down Uber’s CEO Dara Khosrowshahi’s recent letter to employees. And in the [...]
Competition watchdog risks ‘killing’ British tech firms, startups warn March 3, 2020 The UK competition watchdog risks “killing” rising British tech companies by launching lengthy investigations while global rivals are free to pull ahead, startups have warned. In a letter to chancellor Rishi Sunak, seen by City A.M., industry body the Coalition for a Digital Economy (Coadec) said the Competition and Markets Authority’s (CMA) “eleventh-hour interventions” risked [...]
Broadband startup Cuckoo closes $6m funding round April 26, 2021 Broadband start-up Cuckoo has today closed a funding round worth of total of $6m as it continues its bid to disrupt the UK telecoms market. The round was led by RTP Global, early backers of Yandex, Delivery Hero, and Datadog. One in five of RTP’s investments are now unicorns, the firm said. Other investors include [...]
The City View: Subpar UK economic figures, and more rate hikes to come May 12, 2022 Today Andy Silvester talks to City A.M.’s Economics and Markets reporter Jack Barnett. They go through the gloomy economic figures released by the ONS this morning measuring the economy’s performance, and explain what this will mean for rate hikes going forward. And in the news: BT has confirmed a joint sports venture with Warner Bros [...]
Best of travel: Where to go and what to do in Bermuda March 16, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Siobhan Grogan’s trip to the sun, sea and sand of Bermuda. ••• There are few things more intimidating on the water than suddenly finding yourself in the middle of a practice race for the [...]