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News

  • August 5, 2024

Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion

The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the Nationa

  • August 5, 2024

European airline results make for ‘depressing reading’, says Air Astana boss

Air Astana on Monday reported record passenger half-year passenger numbers, driven by unexpectedly high demand from China.

  • August 5, 2024

Will the Rolls-Royce share price continue to defy gravity?

Rolls-Royce has been the talk of the FTSE 100 over the last year. Will the share price rally ever end? (Yes, but not yet).

  • August 5, 2024

Losses from in-store retail fraud rise 2,000 per cent in 2024

Reports of in-store retail fraud rose by 545 per cent in the first six months of 2024 compared to 2023, while losses rose an estimated 2,000 per cent, according to new data. Figures from the NFIB Frau

  • August 5, 2024

US recession fears ease but markets remain firmly in the red

US stocks cratered on Monday as the prospect of a recession in the world's largest economy spooked investors across the globe and tech giants were hit by a mass sell-off.

  • August 5, 2024

Yum: KFC and Pizza Hut owner surges back into the black

Yum! Brands, the owner of KFC and Pizza Hut surged back into the black last year after a bumper year for its brands.

  • August 5, 2024

Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks

Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to run for the hills. The so-ca

  • August 5, 2024

London T100: What it means to redefine triathlon

City A.M. recently partnered with T100 and attended its event over the weekend, where some of our staff had the chance to showcase what they were made of.

  • August 5, 2024

‘Too late for rent caps’: East London rents jump 50 per cent since 2019

Rental costs in London have skyrocketed over the past five years, and new data has shown that rental growth in the city’s historically-affordable east has risen the fastest. Prices have risen by aro

  • August 5, 2024

Acast: That Peter Crouch Podcast maker cuts loss as UK sales pass £50m

Acast, the giant behind the likes of That Peter Crouch Podcast, saw its pre-tax loss cut during its latest financial year as its turnover passed the £50m mark.

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