Most talked about City A.M. stories

Apple’s share price just hit a record high of $120 following huge post-iPhone 6 quarterly earnings — Not content with smashing records when it comes to profit and iPhone sales, Apple's share price just hit $120 per share, it's highest price ever. Shares jumped almost a percentage point on yesterday's 118.90 close, taking it above a previous all-time high of $119.75 which it touched back in November.
Jan 30, 2015

Apple hits record $120- Since 1980 IPO that's a 30,000 per cent share price rise on stock adjusted basis… via @CityAM

Russia central bank makes shock cut to rates crashing rouble past 70 dollar mark — Russia's central bank has made a shock cut to its benchmark rates of two per cent, lowering it to 15 per cent sending the rouble crashing, The rouble slumped 1.2 per cent sending it past the 70 per dollar mark.

Giftastic! Giphy raises $17m valuing gif search platform at £80m — Who knew gifs could be such a money-spinner? Giphy, a platform dedicated to creating and distributing animated gif images, has raised $17m ($11.3m) in a series B funding round that values the firm at $80m (£53m).

Game of phones: £22.5bn worth of deals transforming UK mobile, broadband and TV markets — BRITAIN raced further towards a future where you might buy your mobile, landline, TV and broadband all from the same supplier yesterday a

Arsenal transfer spend tops £100m and smashes previous record after Gabriel Paulista signing — Gabriel Paulista may not be the most significant signing Arsenal will ever make, but the Brazilian centre-back's arrival in North London has create

Now Gmail lets you transfer money via email in the UK — Gmail users can now transfer money via email with a new feature from Google. With a simple click of a button and using Google Wallet, gmailers in the UK can now transfer cash to anyone- even if the recipient doesn't use Gmail.

Sky agrees deal with O2 owner Telefonica to launch mobile service — Sky has agreed a deal with Telefonica to launch a mobile network in the UK. The broadcaster will launch a mobile service for customers in 2016 using Telefonica's 2G, 3G and 4G network. The move follows hot on the heels of rivals moving into the mobile business in order to offer customers a so-called quad play of TV, phone, broadband and mobile services as competition heats up.

Dippy the diplodocus: Blue whale replacing Natural History Museum's dinosaur isn't going down well — It's the end of a dinosaur era. London's Natural History Museum, remembered fondly in thousands of people's childhoods for the towering diplodocus skeleton which greeted them on visits, is retiring the dinosaur after 35 years. And 150m year-old Dippy's ouster?
Jan 29, 2015

This story has somehow resulted in the @CityAM office reminiscing about how great Right Said Fred were…

Jan 29, 2015

Londoners are super sad about dippy the dinosaur's departure… via @CityAM

Analysis: Why has Tesco chosen to shut these 43 stores? — Tesco has now announced the 43 stores that it plans to close. 18 Express stores, 12 metro stores, seven superstores and six Home Plus stores. The closures will start taking effect from March. What does it tell us about their location strategy when one looks at the stores set to close?

Which Tesco stores are to close? Discounters close in as north east England bears brunt of branch closures — Discount supermarkets could be partly responsible for Tesco's plans to close 43 unprofitable stores in the UK - with the vast majority of struggling stores located near a low-price alternative. In a bid to change the fortunes of the struggling supermarket, Tesco's new chief executive Dave Lewis announced the store closures yesterday, saying the decision was "exceptionally difficult" to take.
Jan 29, 2015

Fascinating from @AshleyKirk92 - 74pc of Tesco's axed stores have an Aldi or Lidl nearby…

Advertising has an image problem: Apprenticeships will help us boost diversity — WITH 98 days to go until the general election, David Cameron has pledged to reduce the annual benefits cap to fund 3m new apprenticeships. Is this what business wants? It is clearly a good thing, economically and socially, to spend less on welfare and to encourage more people into work.
Jan 29, 2015

Advertising apprenticeships will help us boost diversity… via @CityAM

Row erupts over multi-million-pound bill for Farringdon floods as Network Rail and Thames Water fight over who is to blame — A row has erupted over who is to blame for the floods that have disrupted train services across London on the Thameslink line for the past six days - and which look likely to last into next week.
Jan 29, 2015

Row erupts over who's to blame for #Farringdontrains flood - though imagine commuters wd rather they just sort it out…

Tesco reveals locations of 43 stores being shut — Tesco has revealed the locations of the 43 stores it plans to shut, resulting in around 2,000 job losses, as new chief executive Dave Lewis attempts to turn the struggling supermarket around. Of the stores going, 18 are Expresses and 12 are Metros. Just seven are superstores, with a further six the homeplus format.
Jan 29, 2015

RT @BoycottTesco: Which @Tesco stores are closing? Here's the list! (It's not all good: 2k jobs have gone +Tesco share price is up)…

Fifa president election 2015: A guide to the challengers to Sepp Blatter's throne — Tomorrow night, at 23.00pm, football fans around the world will discover the official candidates in the running to be the next Fifa president. Current incumbent Sepp Blatter's popularity has plummeted, and huge numbers of football fans are crying out for a saviour to rescue football's governing body from its current nadir.

Exclusive: Taylor Wessing launching British tech network to spur US funding — CITY law firm Taylor Wessing will tonight launch an invitation-only tech community aimed at linking the UK's most promising high-growth firms with Taylor Wessing's venture capital and private equity clients in the US and beyond.