Mark Thompson on Muck Rack

Mark Thompson

As seen in: CNN, CNN Business, CNN en Español, CNN International, MSN, MSN Canada, Daily Mail, Yahoo News, WJZ-TV (Baltimore, MD), Yahoo Finance and
International Editor @CNNBusiness mark.thompson@turner.com
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Articles

Japanese stocks crash in biggest one-day drop since 1987 as global market rout intensifies | CNN Business Original

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By Laura He, Marc Stewart, Mark Thompson
| CNN Verified
Japanese stocks on Monday suffered their biggest daily loss since 1987 as fears about a US economic slowdown sent shock waves through global markets. The Nikkei 225 index of leading stocks in Tokyo lost a staggering 4,451 points, its biggest point drop in history. On the more common, percentage measure, the index closed more than 12% down — according to Reuters, its largest one-day fall since October 1987. The drop took Nikkei’s losses since early July to 25%, pushing it into bear market territory.
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Millionaires are fleeing Britain in their thousands | CNN Business Original

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By Mark Thompson
| CNN Verified
A record number of millionaires could leave the United Kingdom this year as political turmoil and the potential for higher taxes under a future Labour government reduce the appeal of what was once among the top destinations for the rich. As many as 9,500 people with at least $1 million in liquid, investable assets, will leave the country, more than double the number that left in 2023, according to provisional estimates contained in a report Tuesday by migration advisers Henley & Partners.
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ConocoPhillips is buying Marathon Oil in $22.5 billion deal Original

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By Mark Thompson
| CNN Verified
ConocoPhillips said Wednesday it had agreed to buy Marathon Oil in an all-stock deal worth $22.5 billion, including about $5.4 billion of debt. Marathon Oil shareholders will receive 0.255 ConocoPhillips shares for each Marathon share they own, representing a 14.7% premium to the closing price on Tuesday. Shares of Marathon (MRO) were up more than 10% in premarket trade, while Conoco (COP) stock was down about 2%.
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