City A.M

Latest articles from City A.M

• Cabinet Clash Jeopardizes New Wind Project In The UK

  Published 28 March 2022 | viewed 2,136 times

  A cabinet row about offshore wind threatens to destabilize the UK’s energy policy, as a new poll suggests 90 percent of Brits would be happy…

• UK Homes Are Turning To Solar Panels To Tackle Sky-High Energy Prices

  Published 21 March 2022 | viewed 4,287 times

  Solar panels and smart meters have gained traction with households hoping to save money on energy bills, according to new search data from eBay UK.…

• OECD: Russia’s Invasion Of Ukraine Will Stifle Global Economic Growth

  Published 17 March 2022 | viewed 1,714 times

  Russia’s invasion of Ukraine will shave around one percentage point off of global economic growth this year, reveals new forecasts by the group of rich…

• Wind Farms Grapple With Government Red Tape In The UK

  Published 17 March 2022 | viewed 1,706 times

  Octopus Energy (Octopus) has called on the government to cut red tape and speed up the building process for ramping up wind power in the…

• IMF: Ukraine’s Economy Will Shrink By 10 Percent Or More This Year

  Published 15 March 2022 | viewed 925 times

  The Ukrainian economy is set to contract sharply this year as Russia’s invasion hobbles domestic consumption, reveals fresh forecasts by the world’s economic watchdog. Output…

• Greater Sanctions On Russia Could Cripple Europe’s Largest Economy

  Published 15 March 2022 | viewed 4,594 times

    The German economy is hurtling towards a recession as the Russia-Ukraine war sours investors’ optimism for Europe’s largest economy, reveals a closely watched survey…

• Russia Is Offering India Crude Oil And Commodities At A Steep Discount

  Published 14 March 2022 | viewed 8,331 times

  India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-ruble transaction. So far, India has not…

• Higher Oil Prices Could Spark A Bull Run For Tesla

  Published 12 March 2022 | viewed 19,302 times

  Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron…

• Gold Climbs Above $2,000 As Ceasefire Talks Crumble

  Published 10 March 2022 | viewed 3,971 times

  Gold resumed its charge this afternoon after the price faltered this morning on hopes of diplomatic progress between Russia and Ukraine. The price fell to…

• Shell Is Betting Big On Offshore Wind Following UK Ban On Russian Oil

  Published 10 March 2022 | viewed 9,169 times

  Two energy giants will pump £75 million into offshore wind projects, which could light 8.5 million homes, as Britain looks to wean itself on dependence…

• Russia’s Financial Exile Could Have Profound Implications

  Published 05 March 2022 | viewed 13,709 times

  Sanctions are intended to choke economies for decades. This week could be a sign that Russia is heading for the mire. The intended effects of…

• Russian Users Are Using Crypto Loopholes To Skirt Sanctions

  Published 03 March 2022 | viewed 3,493 times

  Unregulated crypto firms in the UK are facing calls to close ‘loopholes’ which allow Russians to evade sanctions. Industry body Crypto UK said it is…

• UK LNG Workers Call On Government To Stop Inbound Russian Tankers

  Published 02 March 2022 | viewed 4,290 times

  The government must immediately intervene to stop two Russian tankers – containing enough liquid gas to supply the UK for up to 12 days –…

• Bitcoin And Green Stocks Rally Amid War In Ukraine

  Published 01 March 2022 | viewed 2,072 times

  Talks in Belarus between the Ukrainian and Russian committees yesterday were overshadowed by the intensifying military fight in Ukraine. Putin, who seems frustrated with the…

• Safe Haven Assets Set To Shine As Ukraine Crisis Continues

  Published 28 February 2022 | viewed 3,474 times

  Russia’s invasion of Ukraine, which is having devastating human consequences, has increased the risk of a stagflation environment – one of slowing economic growth but…

• Saudi Sovereign Wealth Fund Considers Sale Of $90 Billion Aramco Stake

  Published 24 February 2022 | viewed 4,261 times

  Saudi Arabia’s sovereign wealth fund is reportedly looking into ways to monetise its around $90 billion (£66.7 billion) stake in Aramco, the world’s largest oil…

• Commodity Prices Are Soaring As Russia Ramps Up Attacks On Ukraine

  Published 24 February 2022 | viewed 2,589 times

  Commodities such as aluminum, nickel, and zinc have boomed following Russia’s invasion of Ukraine, which has exacerbated long-standing fears of supply shortages and rising energy…

• Rio Tinto Faces Headwinds Despite Record-Breaking Profits

  Published 23 February 2022 | viewed 3,043 times

  Rio Tinto has paid out a monster $16.8bn (£12.4bn) dividend to shareholders, the second biggest in the history of the FTSE 100, after it rebounded…

• Ukraine Conflict And Inflation Fears Could Push Gold Prices Above $2,000

  Published 22 February 2022 | viewed 3,582 times

  Gold prices have rebounded this month, with the precious metal glittering in the gloom amid escalating tensions between Russia and the West. The commodity has…

• Two More Energy Companies Go Under As Crisis Worsens

  Published 19 February 2022 | viewed 70,497 times

  Whoop Energy and XCel Power have ceased trading – affecting around 550 customers. Consumers from both energy firms will be designated a new supplier by…