By: Clara Guibourg

Clara Guibourg is an Online Writer at City A.M. She can be contacted at clara.guibourg@cityam.com. She is particularly passionate about women in business, technology and telecoms.

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After Taylor Swift’s stand, now bands spearheaded by The Pocket Gods cut off noses to spite Spotify royalties with protest album 100X30

November 19, 2015

A troop of musicians are following pop-icon Taylor Swift’s lead in rallying against Spotify’s “paltry” royalty offerings. When an artist signs up with the music-sharing platform, they are given precisely £0.007 for every time their track is played, provided it lasts longer than 30 seconds. In a move that can only be described as “cutting off [...]
Danone aims for five per cent sales rise by 2020

November 19, 2015

French food giant Danone unveiled yesterday new sales growth targets as it vowed to bolster the profitability of its struggling dairy division. The world’s largest yoghurt maker is aiming for organic sales growth – which excludes acquisitions and currency moves – of more than five per cent by 2020, and an increase of at least [...]
Banking Standards Board chair Dame Colette Bowe signals a tougher stance on UK banks

November 19, 2015

The Banking Standards Board (BSB), a City body tasked with restoring faith in the UK banking sector, gave its first indication that it will push for more banking regulation ahead of a major report due next year. BSB chairwoman Dame Colette Bowe, who took up the role in April, said in a speech at the Cass [...]
FOMC minutes: Federal Reserve hints US rate hike in December is looking likely

November 18, 2015

Get ready for lift-off. Barring “unanticipated shocks” the Federal Reserve looks set to raise US interest rates for the first time in nearly a decade before the year is out, show the minutes from the central bank’s latest rate-setting meeting in October. Interest rates have been at a record low since 2006, but with US jobs [...]
Lords back giving 16 and 17-year-olds EU referendum vote

November 18, 2015

The House of Lords has backed giving 16 and 17-year-olds the vote in the upcoming referendum about Britain’s EU membership. Peers voted today to approve the change to the European Referendum Bill by a majority of 82, with 293 votes in favour and 211 against. If the government allows the move to stand when the issue [...]
Silicon Valley and Wall Street eye Square’s IPO price in litmus test for tech unicorns

November 18, 2015

It’s the moment of truth for Square, as the mobile payments company is set to price its IPO in a highly-anticipated deal that will act as a litmus test for tech unicorns, showing how close Silicon Valley's tech bubble is to bursting. The official price for the company, which is listing tomorrow, won't be announced [...]
Capgemini: The finance industry can’t afford to ignore bitcoin technology blockchain

November 18, 2015

Blockchain technology is winning new friends by the day, with computer consultancy Capgemini announcing in a fresh report that financial services can no longer “afford to ignore” the distributed ledger technology that underpins bitcoin. Calling blockchain a “fundamental” shift for the finance industry, the report suggests that distributed ledgers will both slash costs and be [...]
Oil prices: US crude WTI falls below $40 for first time since August

November 18, 2015

US benchmark West Texas Intermediate (WTI) plunged below $40 a barrel for the first time since August, as a global supply glut continues to weigh heavily on oil prices. WTI dipped to trade below the $40 a barrel mark in late-afternoon trading, before recouping somewhat to $40.15. This puts WTI at its lowest point since [...]
Youtube launches “family-friendly” Youtube Kids service in the UK

November 18, 2015

Youtube’s standalone app for family-friendly content lands in the UK today, ten months after its US launch. A welcome addition to the family for concerned parents, Youtube Kids blocks out the plethora of less child-friendly content available on the video platform. “We built the Youtube Kids app to be a safer version of Youtube, a [...]
Barclays faces new £66m forex fine

November 17, 2015

Barclays is facing another $100m forex fine, according to reports in the Financial Times, as analysts suggest more litigation costs are yet to come. Sources have told the FT that Barclays is set to have to pay at least $100m in a penalty imposed by the New York Department of Financial Services for the forex [...]

HSBC: City market’s top firm turns to Asia and Middle East

Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Clara Guibourg

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