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 4

UK in talks with US to speed up RBS fine prior to sell-off

The UK government is engaged in talks with US officials in a bid to speed up a multibillion dollar fine facing the Royal Bank of Scotland (RBS).

Richard Reed
Oil fracking
High US oil output hits crude prices

Oil prices have fallen for the sixth consecutive day as high output of US crude threatens a global oil glut.

Richard Reed
Stockmarket movement
Stockmarket plunge great buying opportunity, say analysts

This week’s stockmarket plunge has handed investors a rare opportunity to buy stocks at bargain-basement prices, say analysts.

Richard Reed
Nvidia stock surges 10% on record results

Video, AI and self-driving-car chipmaker Nvidia saw its share price surge more than 10% in after-hours trading on Thursday following record fourth-quarter results.

Richard Reed
Broker upgrades easyJet from ‘hold’ to ‘buy’

Budget airline easyJet has been upgraded from ‘hold’ to ‘buy’ by brokers following a strong first quarter peformance.

Richard Reed
Stockmarket fall
Stockmarket plunge triggered by computerised trades

This week’s massive stockmarket plunge was almost certainly triggered by computers programmed to sell stock when certain signals were picked up, say analysts.

Richard Reed
US Capitol building
US government narrowly avoids second shutdown in three weeks

The US government narrowly avoided being shut down for the second time in three weeks after the Senate finally backed president Trump’s budget in an 11th hour vote last night.

Richard Reed
Bank of England
Pound gains on dollar as Bank hints rate rise might be sooner than expected

The pound rose more than half a cent against the dollar after the Bank of England hinted that a further rate rise might come sooner than expected.

Richard Reed
Debenhams to axe 320 store management jobs

High Street retailer Debenhams is to axe 320 store management jobs as part of a major cost-cutting exercise.

Richard Reed
Theresa May
‘We want Brexit deal asap’ Theresa May tells Japanese industrialists

British prime minister Theresa May has told Japanese industrialists she wants a Brexit deal “as soon as possible”. May was meeting senior management from Nissan, Toyota, Honda, Hitachi and Mitsubishi today

Richard Reed
Falling stockmarket
Investors ‘out of touch with reality’ over Wall Street slump

Monday’s 1,100-point Wall Street plunge shows stockmarket investors are out of touch with reality. That is the claim of one leading commentator, who says investors “are trapped in a 1970s alternate universe”.

Richard Reed
Jobcenter sign
New US jobless claimants fall to lowest level for 45 years

New unemployment claims in the US fell by 10,000 to 224,500 in January – the lowest figure since 1973.

Richard Reed
Snap logo
Snap beats expectations – but burning cash fast

Messaging app firm Snap surprised expectations with its results yesterday – but analysts say the company has a long way to go before it turns the ship around.

Richard Reed
Sydney Opera House
Is Australia still too reliant on raw materials?

If you’ve ever wondered why Australia is so generous with its student visas, there’s a reason for it – the country’s mandarins are out to poach our brightest talent.

Richard Reed
Nissan to spend $9.5bn boosting share in Chinese car market

Nissan is to spend $9.5bn with its Chinese partner Dongfeng Group to boost its share in China’s car market.

Richard Reed