Richard Reed

Richard Reed worked at a senior level in regional newspapers before becoming editor of a business magazine aimed at the start-up market. Since then he has freelanced for business and finance newspapers and magazines, including the Daily Telegraph, Investment Adviser (FT group), and Citywire.

Articles by Richard Reed Page 2

Apple Pay
Apple doubles Apple Pay users – and faces huge EU fine

The number of iPhone owners using Apple Pay has doubled over the past 12 months, according to new estimates.

Richard Reed
US housing
US pre-owned home sales in biggest fall for three years

The number of pre-owned homes sold in the US fell at its fastest rate for three years in January.

Richard Reed
Broadcom cuts bid for rival chipmaker Qualcomm

Broadcom has cut its offer in the hostile takeover bid for rival chipmaker Qualcomm from $121bn to $117bn.

Richard Reed
Apple store
Apple buys cobalt to secure long-term battery supplies

Apple is in talks to buy stocks of cobalt to ensure long-term battery supplies for its iPhones and iPads.

Richard Reed
VW agrees 4.3% pay rise for 120,000 workers to end strikes

VW has agreed a 4.3% pay rise for its workers to end the first strikes at its factories in 14 years.

Richard Reed
Oil rig
Oil to remain crucial part of energy mix until 2040

Oil is likely to remain a critical component of the world’s energy mix for at least the next two decades, according to a new report from BP.

Richard Reed
UK productivity rises for second successive quarter

The UK’s productivity has improved for the second successive quarter, according to the latest figures. Output per hour rose 0.8% in the fourth quarter of 2017 compared with the same period in 2017

Richard Reed
Bad reviews of new app see Citi downgrade Snap to ‘sell’

Negative user reviews of Snap’s new app interface has prompted Citi to downgrade the stock to a ‘sell’. A review chart published by App Annie showed the number of 1-star ratings given to Snap rocketed from 28% to 86%

Richard Reed
Time to regulate cryptocurrencies, says US Congress

The US Congress is to investigate the rise of cryptocurrencies with a view to imposing greater government oversight.

Richard Reed
Citigroup boss gets 48% salary boost to $23m

The boss of banking firm Citigroup has been given a 48% rise taking his salary to $23m for helping to turn round the company’s fortunes.

Richard Reed
bitcoin price recovering
Crypto trader lays out $400m on Bitcoin

An ambitious Bitcoin trader has bought $400m worth of the world’s biggest cryptocurrency.

Richard Reed
Rock legend guitar-maker Gibson could face bankruptcy

Electric guitar maker Gibson – beloved of rock musicians the world over – is facing bankruptcy, according to reports.

Richard Reed
Snap CEO Spiegel sells $50m-worth of shares

Evan Spiegel, CEO of messaging app Snap, sold $50m-worth of his own shares last week just days after the company reported better-than-expected results.

Richard Reed
Euro falls against pound and dollar

The euro fell against the pound and the dollar today, prompted in part by news that the EU had dropped a ‘punishment clause’ over the UK’s transitional Brexit deal.

Richard Reed
Toys R Us
Toys R Us could be facing end of the line

A £15m VAT bill could force troubled retailer Toys R Us into administration by the end of the month, throwing 3,000 people out of work, unless a rescue deal is found.

Richard Reed