City AM

By Charlie Conchie European and UK investors are comfortably outstripping their Stateside counterparts on sustainable investing with more “mature” green investment strategies, new research has revealed today. Some 73 per cent of European asset managers…

By Frank Dalleres Aramco Team Series events are rarely short of star quality but the field for next week’s visit to New York is one of the most decorated yet. World No3 Nelly Korda will be aiming for her second successive win in the $5m series, after c…

By Ilaria Grasso Macola Almost half of UK logistics firms is set to make an acquisition in the next year despite challenging market conditions. Data published today by Barclays Corporate Banking reported that 45 per cent of UK businesses were consideri…

By Ilaria Grasso Macola Drivers should have seen a bigger cut in fuel prices at the pump after costs slumped in September. According to data published today by the RAC, the average price of a litre of petrol went down to 162.9p – the sixth biggest mont…

By Matt Hardy On Saturday, England Women will begin their Rugby World Cup campaign against Fiji at Eden Park in Auckland, New Zealand. They are overwhelming favourites, and it’s a tag they haven’t been able to shake in recent years. Simon Middleton’s R…

By Leah Montebello Apple’s App Store revenue fell last month as gaming slowed on smartphones, according to a note from Morgan Stanley. Analyst Erik Woodring said revenue dropped around five per cent, impacting the US, Canada and Japan. Using data from …

By Darren Parkin In 2010, Alessandro De Grandi, CEO and founder of The Nemesis, was playing Second Life, basically a rudimentary Web2 Metaverse, when he bought his first Bitcoin. Two of them actually. They cost less than a dollar each and he sold them …

By Emily Hawkins Fashion resale platform Poshmark has been snapped up by South Korean e-commerce firm Naver Corp, leaving some investors sceptical about the timing of the takeover. Naver’s share price took a hit after the announcement of the $1.2bn acq…

By Ilaria Grasso Macola Heathrow has confirmed it will end its 100,000 daily passenger cap at the end of the summer flying season on 29 October. A Heathrow spokesperson said: “This cap resulted in fewer last-minute cancellations, better punctuality and…

By Millie Turner Around £700m worth of luxury homes previously linked to sanctioned oligarchs have not been flagged for asset freezes, according to new research by campaign group Transparency International UK. Some 33 homes, flats and office blocks acr…