’50 storeys of joy, hope and love’ as City skyscraper is lit up for NHS Christmas staff December 23, 2021 Concord London and Brookfield told City A.M. this evening they are lighting up the 50-storey Principal Tower which borders the City and Shoreditch, with a show of hearts for the many thousands of NHS workers who will be working and not with loved ones during this festive period. ’50 storeys of joy, hope and love’ will take place [...]
Peak times: Ticket for space trip with Jeff Bezos sells for $28m June 14, 2021 A mystery bidder has splashed out $28m (£20m) for a ticket to travel to space with Amazon boss Jeff Bezos. The sky-high bid was made at a live phone auction on Saturday, concluding a lengthy bidding process for a seat on the maiden voyage of the billionaire’s Blue Origin company. Bids reached $20m within four [...]
City Moves: Who’s switching jobs in the Square Mile? April 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Future Specialist media platform Future has a new UK group commercial director, who brings more than three decades experience to the position. Clare Dove, who has held senior commercial roles at Condé Nast and Trinity Mirror, will help the company identify new [...]
Netflix fall a sign investors are looking again for fundamentals April 20, 2022 When the electric carmaker Rivian listed on Wall Street last year, it was briefly valued at more than Anheuser-Busch. The latter, most famously, produces Budweiser; a beer that sells in great quantities for more than it costs to produce. It is a functioning, well understood business, and despite the best efforts of governments we remain [...]
Why conservationists are calling for more mushroom emojis December 15, 2023 “Problematic,” is how a team of biologists from the University of Milan described the apparently pitiful number of animal and plant emojis currently available for use. Here's how an elusive panel of Silicon Valley experts could change that.
‘Bonuses are back, and not just for bankers’, says CEO of recruitment giant Randstad March 11, 2022 Bonuses are back. That is the firm message of the boss of one of the largest recruiters in the country. Victoria Short, CEO of recruiter Randstad UK, told City A.M. this morning that “bonuses are back – and not just for bankers. “ Her comments follow the announcement that staff at the John Lewis Partnership will share [...]
Amazon breaks $200bn mark as world’s most valuable brand January 22, 2020 Online retail titan Amazon has defended its position as the world’s most valuable brand for a third year in a row, with the firm becoming the first to break the $200bn (£153bn) mark. Jeff Bezos’ company is worth $220.8bn in total, over $60bn more than second-placed Google, which is worth $159.7bn, according to the annual [...]
Softbank’s internet arm teases plans for launch of NFT marketplace March 10, 2022 Japanese investment giant Softbank Group is cashing in on the NFT craze with the launch of a new marketplace.
Inside Amazon’s Black Friday operations hub: How the e-commerce giant prepares for its busiest day of the year November 29, 2019 Where could be a better place to witness the behind-the-scenes impact of Black Friday than at the heart of Amazon’s UK warehouse operations? Some of the credit – or perhaps, blame – for the annual shopping event’s popularity in Britain surely lies with the US e-commerce giant. The fulfilment centre – which is the size [...]
UK film industry booms as streaming giants’ demand for content grows November 16, 2021 The top 50 UK film and TV companies have seen their turnover rise by 15.4 per cent in the last year to £8.1bn, as streaming giants’ insatiable demand for content drives growth in UK studios.