Financial Times was established in 1888 by James Sheridan, Horatio Bottomley, and Harry Lawson and is headquartered in London, England. The FT has since then evolved from a small London-based newspaper to a multimedia platform with a global reach. It focuses on coverage of business, finance, and economic news. The FT reports on the financial markets, global economy, companies and industries, markets data, comments and opinions and global politics. It also provides reporting on technology, energy and environment, luxury goods and life and arts. Today, FT is a wholly owned subsidiary of Nikkei Inc., a Japanese media conglomerate.