Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Media companies have been laying off workers while also pushing their paid online subscriptions as part of their survival strategies. Now, the consumers
The Financial Times is one of the worlds leading economic newspaper. Its circulation was 137,000 last year with 70 of that from online subscriptions. Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Med
Kabul. We had to use and deliver restricted their movement, restricted their access to hospital facilities. Pakistan began peace talks last summer. But afghanistan distrusts pakistan because it appears to help the insurgents. A powerful earthquake off indonesia has exposed major flaws tsunami warning systems. No damage or delawaraths when i wednesday, all Early Warning off the coast m. Introduced a sophisticated system. It was installed after the 2004 indian ocean tsunami which killed 16,000 people. Officials with indonesias Mitigation Agency said when the quake struck this week, none of the 22 buoys worked. Experts point out there is low dises disaster after the tsunami was issued. The indonesia government is going to come under review. The crippled Nuclear Power plant is expected to soon get approval to start freezing the ground around four reactor buildings. The measure is aimed at creating a wall of frozen soil to stop ground water from flowing into the buildings where it could bec
Kabul. We had to use and deliver restricted their movement, restricted their access to hospital facilities. Pakistan began peace talks last summer. But afghanistan distrusts pakistan because it appears to help the insurgents. A powerful earthquake off indonesia has exposed major flaws tsunami warning systems. No damage or delawaraths when i wednesday, all Early Warning off the coast m. Introduced a sophisticated system. It was installed after the 2004 indian ocean tsunami which killed 16,000 people. Officials with indonesias Mitigation Agency said when the quake struck this week, none of the 22 buoys worked. Experts point out there is low dises disaster after the tsunami was issued. The indonesia government is going to come under review. The crippled Nuclear Power plant is expected to soon get approval to start freezing the ground around four reactor buildings. The measure is aimed at creating a wall of frozen soil to stop ground water from flowing into the buildings where it could bec