World economics news and more: Financial Times

This business paper is strongly recommended for regular reading. Financial Times is the British newspaper, which owns 50% of the Economist’s shares and has The Wall Street Journal a direct competitor.

History

The history of Financial Times begins in January 1888 with the publication of the first four-broadsheet issue of a newspaper called London Financial. However, a month later the founders of the publication, the brothers Horatio William Bottomley and James Sheridan, renamed it Financial Times. The paper was addressed to London community of financiers. The publication quickly earned the readers’ trust, and became a kind of Bible for stockbrokers, but Financial Times had competitors. The most serious of them in Britain, was considered to be the newspaper Financial News, which appeared four years earlier and earned the fame of a fearless anti-corruption publication. In order to become distinguishable for readers, since 1893 Financial Times has been printed on orange-pink paper. For some time competitors were neck-and-neck. During this time Financial News managed to buy shares of the magazine The Economist and absorb the newspaper Financier and Bullionist, but Financial News, in spite of everything, always had the upper hand by the number of copies. In 1945 the merge of the competing publications was carried out. The new version of Financial Times then had a large circulation and journalistic talents of Financial News (and also borrowed its well-known column Lex).

Unusual "pink salmon" pages have become a calling card for Financial Times.
Unusual “pink salmon” pages have become a calling card for Financial Times.

International development

Since the 1970s Financial Times began to expand the scope of readership all over the world. 1979 marked the publication of the first issue in Frankfurt, in 1989 the newspaper appeared in Paris, in 1985 it conquered New York, and then another two dozen cities in four international editions. 1990s have become the period of new technologies. In 1995 the world saw the release of the online resource FT.com, which made it possible to deliver the news to any corner of the globe faster. The publication was noticed by the rest of the media, and in 1997, the newspaper receives one of the most prestigious awards in the world of journalism, The Newspaper of the Year by What The Papers Say. The following year, Financial Times received the award Newspaper of the Year from the British Press Awards. Having caught the trend in 2010, Financial Times became available in Bloomberg terminal, created applications for iOS, and won Apple Design Award next year. In the same year Financial Times buys the consulting agency Medley Global Advisors.

Distinctive features

The publication does not intend to focus on certain circles of society, however, the model ADGA ( FT Group know-how) shows that newspaper readers are primarily politicians and top managers of the largest financial institutions. The publication has huge credibility. Thus, the worldwide community of professional investors considers Financial Times the most reliable source of news in business and finance. The additions to the daily Financial Times are the Sunday publication FT Weekend and the magazine How to Spend It providing new business articles on real estate (houses, yachts) and luxury goods (clothing, watches, etc.). Financial Times has become a creator of several stock market indices, for example, the FTSE 100 Index, which is one of the most important stock market indicators in Europe, and the originator of annual rating of the most popular companies in several categories (FT500). The policy of Financial Times depends on the beliefs of the current editorial staff and has been changed not once since the foundation of the newspaper. Now the publication tends to perform liberal-democratic views, favouring globalization and free market. Financial Times is perhaps the most tech-savvy business publication, which is aimed at the adaptation to mobile devices and thus expanding the audience in the near future. More than a half of current circulation of 600 000 copies are paid online subscriptions.

Best apps for online business news

The number of mobile applications has risen beyond hundreds of thousands. App Store and Google Play have more than 700 thousand each. Downloads come to billions. App Store boasts 50 billion downloads, Google announced “just” 48 billion downloaded apps.
Despite these figures, app market is growing rapidly. There are so many mobile applications, that it is hard to find out what kind of services will be suitable for a particular user. How to choose the in such a vast variety? Here is a list of apps, which will make business research much easier.

Feedly

Do not worry that Google Reader is not working anymore. The news aggregator Feedly gathers the latest articles from your favorite blogs and news sites (for example, top business sites), as well as podcasts and YouTube channels to which you are subscribed. The material can be shared in Twitter, Facebook, Google+, Evernote, Pinterest and LinkedIn. Feedly offers users quite a minimalist design and personalized interface. More than 3 million of Google Reader users have already switched to Feedly.

MyStocks

This simple application allows to monitor the stock prices of different companies. You can keep track of literally everything you need to know, receive notifications, analytics and charts. Perhaps, MyStocks will be useful only for those who are actively involved in the process of investing, however, it also may be useful for other people interested in stock market.

MyStocks is an easy app providing information about stock prices of different companies.
MyStocks is an easy app providing information about stock prices of different companies.

News360

It is a comfortable news app, which adapts to your preferences and needs. News360 shows only the news that you like, for example, live market news, corporate news, etc. However, the app has one considerable disadvantage: the process of adding your news sources is extremely inconvenient. But the app assembled a good storage of sources like LA Times, Variety and Mashable.

Newsy

For 6 years already, Newsy has been engaged in the analysis of world news and creating on their basis short and comprehensible reports for those who cannot read long texts. After running the application, you will receive a great portion of the video news in a non-stop mode. This is a good way to get an idea of what is happening in the world. The quality of video is excellent; watching one news block does not take more than a couple of minutes. The resources used: The New York Times, The Guardian, Fox News Channel and other major media.

NewsMap

This is the best solution for those who suffer from a lack of news and want to get as much fresh information as possible from all over the world to build an idea of the global picture as a whole. The news in the app are located directly on the map. To find out what is happening now, for example, in China, just click on the icon with the news over its territory. Visualization of news on the map helps to associate them better with the source countries. You can display the news of the last 24 hours or 30 days. But still the country coverage is small. There are many countries on the map, about which you will not find any news.