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Food Demand, JM Financial, UK Startups Incubator and Sina in Our News for Today 05/17/2013
Raising consumer demand has helped organic food to increase its share in the food market in the US. Shares of JM Financial increased by 17% in morning trade, following the announcement that former Citigroup CEO Vikram Pandit will acquire stake at the company. A new £2 million startups incubators has been launched in the UK that is purposed to support northern businesses. Leading Chinese media company Sina Co has reported 126 million yuan ($20.3 million) of net revenue in Q1.
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