CityAM.com is the online presence of City A.M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and contemporary lifestyle.
Household energy debt is standing at an all-time high of £1.3bn ahead of expected bill hikes this autumn, according to new research from Uswitch, the…
Germany’s economy will lose over £220bn (€260bn) in added value by the end of the decade, following Russia’s invasion of Ukraine and skyrocketing energy prices…
Global guidelines on corporate climate reporting must fall in line with those in Europe and the US or investors could be hit by fragmented and…
The average energy bill is set to climb to nearly £4,000 a year from January as gas prices continue to push upwards, new analysis has…
Mining and commodities giant Glencore announced it would put $4.5bn back in shareholders pockets today after it reported record half-yearly profits of $18.9bn on the…
Tesla shareholders are expected to vote on Thursday whether to green-light the company’s latest stock split – the second in two years. “We believe the…
The global economy could be hurtling toward one of the sharpest slowdowns in recent memory, the International Monetary Fund (IMF) warned today. A full shut-off…
The SEC is investigating Coinbase over whether it allowed the trading of crypto assets that should have been registered as securities, Bloomberg reported. Coinbase maintains…
Fossil fuel prices could be separated from the costs of electricity produced by renewables, radically reducing the country’s exposure to volatile global gas markets. The…
Nuclear fusion has enjoyed a huge bump-up in global investment over the past 12 months, raising hopes of a breakthrough in clean energy technology. New…
Naftogaz has asked its international creditors to defer payments on its debt for the next two years. Ukraine’s state-owned energy giant is struggling for cash,…
Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks…
The world’s biggest asset manager BlackRock said the era of steady growth and inflation was over as it revealed it had slashed its exposure to…
Crypto risk profiles are like those in oil prices and tech stocks, according to crypto exchange Coinbase. “The market expects crypto assets to become more…
Nuclear power capacity needs to double worldwide over the next three decades to reach net-zero carbon emissions targets to ensure energy independence, argued the International…
Russia has defaulted on its foreign debt obligations for the first time since the Bolshevik revolution in 1918. Sanctions launched by an alliance of western…
The bidding process for the UK’s seventh biggest energy firm has narrowed down to two suppliers, amid reports British Gas owner Centrica has opted against…
Centrica is planning to hire about 500 former soldiers, sailors, and air force personnel by the end of next year as it looks to transition…
Despite falling wholesale costs of petrol and diesel, prices are still going up at the pump as motoring groups call on fuel traders to offer…
Household energy bills will spike to over £3,000 per year next January, putting more pressure on cash-squeezed Brits in the coldest month of the year.…