City A.M

Latest articles from City A.M

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

  Published 30 August 2022 | viewed 2,746 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 3,991 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 5,177 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 2,948 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 3,720 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 4,356 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…

• Is U.S. Inflation Actually Cooling Quicker Than Expected?

  Published 10 August 2022 | viewed 7,232 times

  US inflation is cooling much quicker than experts are betting in a sign the Federal Reserve’s series of steep rate hikes are quashing price pressures.…

• Sky High Prices Cause Record-Breaking Energy Debt In The UK

  Published 10 August 2022 | viewed 3,948 times

  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 Faces A €260 Billion Blow As Energy Crunch Persists

  Published 09 August 2022 | viewed 5,346 times

  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…

• IMF Calls For Global Guidelines On Climate Reporting

  Published 09 August 2022 | viewed 1,323 times

  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…

• Energy Bills Are Set To Soar In The UK

  Published 06 August 2022 | viewed 5,952 times

  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…

• Glencore Announces $3 Billion Share Buyback As Profits Soar

  Published 04 August 2022 | viewed 2,091 times

  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 To Vote On Yet Another Stock Split

  Published 01 August 2022 | viewed 4,948 times

  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…

• IMF: Global Economy Heading Towards Worst Slowdown In 50 Years

  Published 26 July 2022 | viewed 6,016 times

  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…

• SEC Investigates Coinbase Over Securities Listings

  Published 26 July 2022 | viewed 569 times

  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…

• What Does The UK’s Electricity Market Shakeup Mean For Consumers?

  Published 18 July 2022 | viewed 5,480 times

  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…

• Investment In Nuclear Fusion Is Exploding

  Published 16 July 2022 | viewed 11,073 times

  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…

• Ukrainian Energy Giant Asks Creditors To Defer Debt Payments

  Published 14 July 2022 | viewed 9,719 times

  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,…

• ESG Funds Reel As Investors Pile Into Energy And Defense Stocks

  Published 13 July 2022 | viewed 5,069 times

  Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks…

• BlackRock Is Bracing For “Persistent Inflation”

  Published 12 July 2022 | viewed 6,928 times

  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…