City A.M

Latest articles from City A.M

• Precious Metal Miner Polymetal Plummets After Scrapping Dividend

  Published 23 September 2022 | viewed 7,447 times

  Polymetal shares fell 11.5 percent today after the Anglo-Russian precious metals mining company announced it was scrapping the full-year 2021 dividend due to dwindling cash…

• The U.S. Dollar Is Showing Strength As A Safe Haven Asset

  Published 21 September 2022 | viewed 2,905 times

  Investors have had an insatiable appetite for US dollars this year. According to the Wall Street Journal’s dollar index, which measures the greenback against a…

• Central Banks Eye Another Interest Rate Hike This Week

  Published 19 September 2022 | viewed 3,154 times

  The US Federal Reserve and the Bank of England this week are set to hike interest rates steeply again in a bid to chase down…

• Truss’s New Energy Plan Brings Property Market Back From The Brink

  Published 18 September 2022 | viewed 5,451 times

  The Government’s action to limit the impact of energy price rises has helped pull the housing market back from the cliff-edge, a leading property association…

• 33% Of All UK Exporters To EU Vanish Due To Brexit-Related Red Tape

  Published 16 September 2022 | viewed 5,448 times

  The number of UK businesses exporting goods to the EU fell 33 percent to 18,357 in 2021, from 27,321 in 2020, according to data from…

• Octopus Expands Wind Energy Holdings With Investments In Germany And UK

  Published 16 September 2022 | viewed 1,058 times

  Octopus has expanded its onshore and offshore wind portfolio with two investments in the UK and Germany.  The asset manager today announced it has acquired…

• Europe Sees Wave Of Multi-Billion-Euro Renewable Energy Investments

  Published 14 September 2022 | viewed 6,827 times

  In European energy, Russia’s invasion of Ukraine has defined the market so far in 2022. Gas prices have soared, exacerbating inflation. How organizations, consumers, and…

• Goldman Warns EU Energy Price Freeze Could Backfire

  Published 13 September 2022 | viewed 19,282 times

  UK and European governments freezing energy prices risks blanketing the Continent in power blackouts, a Wall Street investment bank has warned today. Keeping energy bills…

• Economists Warn Energy Bill Price Caps Could Lead To Blackouts In UK

  Published 11 September 2022 | viewed 4,301 times

  Economists are warning prime minister Liz Truss’s decision to freeze energy bills for everyone in the UK at £2,500 raises the risk of blackouts. Experts…

• UK Puts A Cap On Household Energy Bills

  Published 08 September 2022 | viewed 4,962 times

  British households will have their annual energy bills capped at £2,500 for two years in a £130bn+ scheme that will save consumers thousands of pounds.…

• Political Turmoil Weighs On London Markets

  Published 07 September 2022 | viewed 2,932 times

  Short sellers piled into bets against UK firms in August as political turmoil and a looming recession continue to drag on London’s markets, new data…

• The UK’s Automotive Industry Is Beginning To Stabilize

  Published 07 September 2022 | viewed 2,040 times

  New figures show this morning that months of decline in the new car market has come to a halt. Registrations of new cars increased by…

• UK In The Running For $8 Billion Battery Gigafactory

  Published 05 September 2022 | viewed 6,563 times

  The UK is in the running for an $8bn (£6.9bn) lithium battery gigafactory, squaring up to European peers in the race to cultivate healthy electric…

• The G7 Could Finalize Plans For A Price Cap On Russian Oil Today

  Published 02 September 2022 | viewed 1,630 times

  Plans to impose an energy price cap on Russian oil are expected to be firmed up by G7 finance ministers when they meet later today.…

• Goldman Sachs: UK Inflation Could Break 22% If Gas Prices Remain High

  Published 30 August 2022 | viewed 2,735 times

  Inflation could soar to the highest level since 1975 if global gas prices do not fall from their historic highs, a Wall Street investment bank…

• Beijing-Backed Hackers Launch Cyberattacks On Energy Projects In South China Sea

  Published 30 August 2022 | viewed 3,977 times

  The Chinese government is using state-backed hackers to launch cyberattacks against energy projects in the South China Sea, according to new research from cybersecurity firm…

• Belgian Energy Minister: Europe Faces Tough Winter Without Gas Price Cuts

  Published 29 August 2022 | viewed 4,941 times

  The European Union (EU) could suffer a decade of painful winters if nothing is done to reduce natural gas prices, warned Belgium’s energy minister. Tinne…

• Chinese Banks Slash Key Interest Rate In Bid To Bolster Stalling Economy

  Published 22 August 2022 | viewed 2,940 times

  China’s banks have slashed a key interest rate in a token gesture to revive the world’s second-largest economy. The country’s central bank said yesterday the…

• UK Charging Infrastructure Is Struggling To Keep Up With Soaring EV Sales

  Published 18 August 2022 | viewed 3,706 times

  Just 107 local authorities across the UK have successfully applied for on-street charging points in the UK, despite claims that the government is trying to…

• The Most Overlooked Equity Market In The World Right Now

  Published 12 August 2022 | viewed 4,332 times

  The value investor has become something of an endangered species over the last decade, pushed to the side-lines of a market fixated on seeking never-ending…