Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
The Financial Times said the capital injection, through Monarch's offshore holding company Petrol Jersey, was carried out in several tranches between October 2016 and March this year
The data center group’s share offering was priced above the proposed US$14 to US$16 per share range, giving it an initial market value of as much as US$4.2bn
Netflix said while its lowest-cost ‘Basic’ plan will remain at US$7.99 a month in the US and £5.99 in the UK, its most popular ‘Standard’ tier product - that includes high-definition video - will cost a dollar more at US$10.99, or 50p more in the UK to £7.99
Uber CEO Dara Khosrowshahi met TfL Commissioner Mike Brown on Tuesday for discussions which both sides described as "constructive"
The move comes three years after the luxury leather products group laid out its plan to build beyond the Coach brand, with the firm now including shoe and boot designer Stuart Weitzman, acquired in 2015, and apparels and accessories group Kate Spade & Co
A Bloomberg report, which cited people familiar with the plan, said Amazon is looking to make more products available for free two-day delivery and to relieve overcrowding in its warehouses
The AIM-listed firm said approximately 14,389 ounces of gold were produced during the quarter, 15% higher than the previous quarter and 7% higher than the corresponding quarter of 2016
The agriculture products group said its net income for the quarter to August 31 was US$20mln, or 10 US cents, a turnaround from a loss of US$191mln, or 44 US cents a share a year earlier