The Financial Times (FT) is an English-language international daily newspaper with a special emphasis on business and economic news.The paper, published by Pearson in London, was founded in 1888 by James Sheridan and Horatio Bottomley, and merged with its closest rival, the Financial News (which had been founded in 1884) in 1945.The Financial Times has an average daily readership of 2.2 million people worldwide (PwC audited figures, November 2011). FT.com has 4.5 million registered users and over 285,000 digital subscribers, as well as 600,000 paying users. FT Chinese has more than 1.7 million registered users. The world editions of the Financial Times newspaper had a combined average daily circulation of 234,193 copies (88,000 for the UK edition), for January 2014. In February 2014 the world editions, combined, of the Financial Times sold 224,000 copies. In October 2013, the combined paid print and digital circulation of the Financial Times reached nearly 629,000 copies (282,000 for print and 387,000 for online sales), the highest circulation in its 125-year history. As of August 2014, print sales for the paper (all editions combined) stand at 210,182.On 23 July 2015, Nikkei agreed to buy the Financial Times from Pearson plc for £844M ($1.32 billion).