FT.com Launches Global Business Portal

The new FT.com, website of the Financial Times, is launched today, with the aim of making it the world’s leading global business portal. The completely revamped site, at www.FT.com, combines agenda-setting editorial content with a brand new range of tools to search the web, manage a working day, and seek out leisure opportunities. FT.com, which is free to use, generates its revenues from advertising, sponsorship, and e-commerce.

The site’s international business coverage is now organised to cover 14 key industries, each with its own home page, dedicated editor and senior correspondent, or ‘News Anchor’. News is updated throughout the day by a 500-strong integrated print and online global newsroom. News is linked to current comment and analysis, relevant financial data and discussion groups. New, unique dossiers on key business people have been added to the site, and new discussion groups will enable users to interact with each other and with FT journalists.

FT.com’s power as a way of searching for quality business information has also been radically enhanced, with a new business search engine alongside its Global Archive of over 3000 publications. ‘Virtual office’ tools also mean users can now manage their email, files, and diary through FT.com, whilst a new Career Advisor feature provides help for those looking to manage their careers. A new Time Off section contains enhanced sports news, city guides, travel and hotel information, and entertainment listings and reviews.

Michael Foster, managing director of FT.com, who has led the site’s redevelopment, said, “The new FT.com aims to be the leading Internet resource for business people everywhere, helping them to make sense of a complex, rapidly changing world. We want to put international business people within one click of the resources they need to do their job better.”

Peter Martin, editorial director of the Financial Times’s Internet businesses, comments: “The objective of the site is to put relevant news, analysis and data in a meaningful context for business people. If it’s on FT.com, it means it matters to business. There are plenty of news sites out there, and plenty of portals serving different markets and communities - but until now there has been no single international ‘home’ for business people on the Web.”

FT.com has formed partnerships for content, software and hardware with a range of world-class companies including Razorfish, Cisco, Sun, Logica, Digital Island, Inktomi, Tibco, Autonomy, Amazon and Reuters.

Notes to Editors:

As well as news and analysis, FT.com now also offers:

  • The business community’s most comprehensive People directory comprising dossiers on the world’s news-makers and industry figureheads
  • Community forums with uniquely international and intelligent business content, enabling users to interact with Financial Times journalists, senior business people, industry leaders and experts
  • A business search engine and directory, and an archive of 3,000 business publications
  • Access to a Personal Office with email (@ftnetwork.com), an online diary and free file storage space
  • High value career information not available anywhere else on the Internet, including psychometric tests, features, listings and employment advice
  • A comprehensive Time Off guide containing guides to countries and cities around the world, restaurant reviews, travel and hotel information, and the latest sporting events and entertainment listings and reviews
  • A News by Email service which sends daily customised news summaries and links at 0700 GMT
  • Up-to-date information on international markets and prices, including prices on 70,000 company stocks, ratings, analysts’ forecasts and annual reports for companies all over the world
  • Background information on 20,000 companies around the world, including complete strategic, operational and financial overviews
  • A powerful personalised portfolio monitoring service
The Financial Times Group

The Financial Times group consists of:

  • The Financial Times newspaper, the world’s leading international business newspaper. In January, worldwide sales of the Financial Times newspaper were 435,373, up 13.2% on the same month last year.
  • FT.com (www.FT.com) one of the world’s leading international business information websites. FT.com attracts over 1.2 million unique visitors each month and generates over 22 million monthly page views, making it the most-visited commercial news site in the UK and among the world’s most significant sources of business news on the Internet. FT.com has a registered user base numbering more than 2 million.
  • Financial Times Information/Interactive Data (www.info.ft.com) is a leading provider of global securities and related financial data supporting fund pricing, securities operations, research and portfolio management. The business operates as Financial Times Information in Europe and Asia Pacific, and as Interactive Data in North America. The company collects, edits, maintains and delivers pricing, dividend, corporate action and descriptive information on over 3.5 million securities, including hard-to-value unlisted fixed income instruments.
  • Financial Times Marketwatch, (www.FTMarketWatch.com) scheduled to launch in the second quarter of 2000, delivers real-time European markets and company news to individual investors. Based in London, Paris, Frankfurt and Amsterdam, the online group of Europe’s finest financial journalists is a joint venture between the Financial Times and CBS Marketwatch.com.
  • FTYourMoney (www.FTYourMoney.com) is a leading source of independent personal finance information and guidance on the web. FTYourMoney.com focuses on process not product to guide users to better money management. The site is updated throughout the day and includes individually placed guides, unbeatable news and analysis and a range of accessible and easy-to-use services.
  • The leading business and financial newspapers and websites in France (Les Echos and www.leseschos.fr), Spain (Expansiòn and www.recoletos.es) and Germany (FT Deutschland) in partnership with Gruner+Jahr, one of Germany’s leading newspaper and magazine publishers.
  • Financial Times Business (www.ftbusiness.com) produces specialist information on particular industries - energy and finance - where the group has a market leading position. It publishes the UK’s premier personal finance magazine, Investors Chronicle, and the Banker, Money Management and Financial Adviser for professional advisers. Its energy business operates under the brand E-Source and Research Data International, both based in the USA.
  • FTSE International, a joint venture with the London Stock Exchange, provides the professional investment community with the leading UK indices and, together with the Amsterdam Stock Exchange, publishes the Eurotop family of indices (www.ftse.com)
  • A 50% stake in BDFM, publishers of South Africa’s leading financial newspapers and website (www.bdfm.co.za)
  • A 50% stake in The Economist group, which publishes the world’s leading weekly business and current affairs journal (www.economist.com).

The Financial Times Group is part of Pearson plc, the international media company (www.pearson.com).

For further information
Pearson plc

John Fallon/Kate Inverarity
+44 (0)20 7411 2310
john.fallon@pearson.com

FT.com

Paul Waddington
+44 (0)20 7643 2761
paul.waddington@ft.com

or visit http://www.FT.com.