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 3

Fannie Mae
US mortgage firm Fannie Mae in $6.5bn quarterly loss

US mortgage finance firm Fannie Mae – one of the firms at the heart of the financial crisis – has reported a fourth-quarter net loss of $6.5bn.

Richard Reed
inflation
US inflation edges up as import prices rise 1%

Inflation in the US economy edged up today with the news that import prices jumped 1% in January.

Richard Reed
Building work sign
US new home-starts jump 10%

The number of new homes started in the US jumped in January by nearly 10% to an annual equivalent of 1.3 million homes.

Richard Reed
VW
VW puts emissions scandal behind it with record sales

Volkswagen has delivered nearly 900,000 new vehicles to customers around the world in January – an increase of 10.1%.

Richard Reed
Uber
Uber sets up helpline and pledges immediate police reports

Ride-hailing app firm Uber has set up a supprt line and is to report crimes immediately to police in London in a bid to improve safety.

Richard Reed
uber app
Cab firm Uber sees losses rise 61% to $4.5bn

Ride-hailing app firm Uber saw its losses spiral by 61% to $4.5bn (£3.2bn) in 2017, up from $2.8bn in 2016 – despite an 85% increase in revenue to $37bn.

Richard Reed
Warehouse
US wholesale prices rise as inflation ticks up

US wholesale prices rose in January, in a sign that inflation is starting to have an effect on the economy.

Richard Reed
Pressure gauge
US economy could overheat and blow up, warns Goldman boss

The US economy could overheat and blow up because of excessive government stimulus, a banking chief has warned.

Richard Reed
microsoft
Buffet dumps IBM and buys Teva in new focus on healthcare

Billionaire investor Warren Buffet is dumping IBM stock to buy into a drugs company as part of a new focus on healthcare.

Richard Reed
Eiffel Tower
Can Macron transform the French leviathan?

When Emmanuel Macron swept to power in France’s presidential elections last May, many hoped it would signal a new start for the French economy.

Richard Reed
21st century fox
Fox offers pledge on Sky News independence to clinch takeover bid

21st Century Fox has pledged to guarantee the independence of Sky News in a bid to win approval for the takeover of the channel’s parent company, Sky plc.

Richard Reed
Snapchat
Snapchat captures younger users from Facebook

Snapchat is defying the pundits and pulling in users from Facebook, according to new research.

Richard Reed
shoppers
UK consumer spending down 1.2% in January

Shoppers kept their wallets in their pockets in January, with spending falling by 1.2%, according to the latest figures from Visa. It was the first fall for the month – usually boosted by the January sales – in five years.

Richard Reed
Digital currencies
‘Inevitable’ Bitcoin will be regulated – IMF chief Lagarde

The boss of the world’s leading financial institution has said it’s “inevitable” cryptocurrencies such as Bitcoin will come under government control.

Richard Reed
Amazon
Amazon buys energy-efficient-chip startup for $90m

Amazon has bought Immedia Semiconductor, the maker of Blink home security cameras, in a bid to acquire the company’s energy-efficient chip technology.

Richard Reed