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.
Mining giant Anglo American has rejected BHP Group’s £31.1bn proposal after it concluded the plan would undervalue its future prospects. The talk of a potential mega-deal between…
The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed miner Anglo American. Metals miner…
Fossil fuels have provided the lowest amount of UK electricity for a one-hour time period on record. Energy think tank Carbon Tracker today said that…
The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help…
UK firms are planning to invest hundreds of billions in an attempt to bubble-wrap supply chains and bring manufacturing closer to home, new research suggests.…
The campaign for institutional investors to divest from oil giants like BP and Shell hasn’t made any progress due to the way index providers dominate…
China’s consumer prices rose slightly in March compared to the previous year but didn’t meet economists’ expectations, revealing ongoing challenges in stimulating domestic demand for…
The Shell share price hit another all-time high this week as the company continued its positive run. The firm, already the largest by market capitalisation…
The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the…
Shell’s chief executive has floated the possibility of the petrogiant abandoning its “undervalued” London listing. Wael Sawan, who runs the largest company on the FTSE…
Unless you’ve been living under a rock, it won’t have escaped your notice that gold is doing rather well. The safe haven asset has been…
Companies, governments, and investors need to confront short-term trade-offs and make tough choices to alter the world's climate change course.The former boss of UK oil…
Gold and precious metal funds swept performance tables in March, taking eight of the top ten positions throughout the month. “There was only one story…
Research by a leading energy body shows that the cost of balancing Britain’s National Grid has leaped 55 percent in the last two years. Research…
China is quietly dominating another major global sector, wind power. The country accounted for two-thirds of the entire global build in 2023 and now boasts…
A “more dynamic” price cap could be introduced by Ofgem based on the time of day households use its energy, it has been revealed. The…
The City of London Corporation has set key targets, including making the Square Mile net zero by 2040 and “enticing workers back to the office,”…
It was another busy week for the UK economy in which we got fresh data on inflation and another interest rate decision from the Bank of England. Before…
The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watched survey suggests. S&P’s purchasing…
UK oil major Wood Group is set to cut hundreds of jobs as it prepares to release its 2023 annual results, reports suggest. According to…