Reuters

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Reuters

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Reuters. Reuters is…. Financial market data provider Provides reports from around the world 200 cities 94 countries 20 languages . Reuters started…. Paul Julius Reuter October 1851 Submarine Telegraph Contract with LSE. Ownership structure. Compromising objectivity - PowerPoint PPT Presentation

Transcript of Reuters

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Reuters

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Reuters is…- Financial market data provider- Provides reports from around the world- 200 cities- 94 countries- 20 languages

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Reuters started…- Paul Julius Reuter- October 1851 - Submarine Telegraph

- Contract with LSE

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Ownership structure- Compromising objectivity- 15% limit (late 80`s)

- Rupert Murdoch´s News Corporation

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The Reuters Founders Share Company

- to protect the integrity- Able to outvote all share-holders

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Expansion of Reuters- Rapid growth in 1980s

- Bigger range of business products- Bigger global reporting network for media

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Thomson Reuters- 15.5.2007- The Thomson Corporation (TC)

merged with Reutes- TC holds 53% of new Thomson Reuters

- 15% rule waived

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Chairman of Reuters Founders Share Company Pehr Gyllenhammar said:

“The future of Reuters takes precedece over the principals. If Reuters were not strong enough to continue on its own, the principales would have no meaning”