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Reuters Group plc is a financial market data provider and news service that provides reports from around the world to newspapers and broadcasters. However, news reporting accounts for less than 10% of the company's income. Its main focus is on supplying the financial markets with information and trading products. These include market data, such as share prices and currency rates, research and analytics, as well as trading systems that allow dealers to buy and sell such things as currencies and shares on a computer screen instead of by telephone or on a trading floor like that of the New York Stock Exchange. Among other services, the most notable is analysis of 40,000 companies, debt instruments, and 3 million economic series. Competitors include Bloomberg L.P. and Dow Jones Newswires.

More articles by Reuters Group

Reuters Group



Mobile email firm buys rival

Written on
February 24th 2009
Author
  |   Reuters Group

REUTERS — Privately held mobile email provider Visto has agreed to buy rival Good Technology from struggling Motorola Inc to expand its offering and grow scale in a market dominated by Research in Motion. Blackberry-maker RIM created the market for mobile email, holding a dominant position in the corporate sector, and, [...] More...

Laid off H-1B tech workers get help

Written on
February 20th 2009
Author
  |   Reuters Group

REUTERS — Technology companies, which have laid off hundreds of thousands of workers, are already feeling the heat from politicians about their support of the H-1B foreign worker program at a time when many Americans are jobless. Last month, Microsoft was the specific target of Republican Senator Charles Grassley, who shot [...] More...

Omnicom slumps

Written on
February 10th 2009
Author
  |   Reuters Group

REUTERS — Omnicom Group Inc. reported a 14 percent drop in quarterly earnings as advertising spending slumped badly at the end of the year, but its profit and revenue showed more resilience to budget cutbacks than Wall Street had expected. The world’s largest advertising company said fourth quarter income fell to [...] More...

Amazon announces new Kindle

Written on
February 9th 2009
Author
  |   Reuters Group

Reuters — Amazon unveiled the latest incarnation of its digital book reader, the Kindle, today in a slimmer version with more storage and a feature that reads text aloud to users. The new Kindle, which will still sell for $359 on Amazon’s web site, is available for preorder, and will ship [...] More...

Time Warner deals with AOL fallout

Written on
February 4th 2009
Author
  |   Reuters Group

Reuters — Time Warner forecasts profit in 2009 to be flat compared to the previous year as it grapples with weakening advertising sales that caused its fourth quarter results to fall below Wall Street expectations. The media conglomerate, whose shares fell 3.4 percent in premarket trading today, said advertising revenue dropped [...] More...

Tech industry braces for ‘nuclear winter’

Written on
January 30th 2009
Author
  |   Reuters Group

Reuters — The recession turned up late on Silicon Valley’s doorstep but is likely to stay awhile, as technology companies slash thousands of jobs and rein in costs to make up for shrinking earnings and tight-fisted customers. Job cuts in the technology sector have trailed other industries until recent weeks. Now [...] More...

Yahoo freezes annual salary increases for 2009

Written on
January 23rd 2009
Author
  |   Reuters Group

Reuters — Yahoo has frozen annual pay increases for its employees as the Internet company battles with a difficult online advertising market, a person familiar with the plan said today. The company informed employees of the decision on Wednesday which will be the first clear sign of cost-cutting implemented by new [...] More...

Apple’s stellar earnings; Microsoft’s bad news prompts mixed stock reaction

Written on
January 22nd 2009
Author
  |   Reuters Group

Reuters — U.S. stock index futures were mixed today due to concerns over a weak earnings season that gave more warnings of further pain to come, with the market also awaiting data on the labor and housing markets. But the Nasdaq saw some support from Apple, which announced quarterly profit that [...] More...

Microsoft layoff announcement expected

Written on
January 21st 2009
Author
  |   Reuters Group

REUTERS — Microsoft Corp is expected to post a quarterly profit that misses its own target and announce thousands of job cuts this week as the global economic slump hurts even the technology industry’s biggest players. When the leading software maker reports fiscal second quarter results on Thursday, investors are likely [...] More...

Nokia, Amazon and MySpace NWSa.N. agree to music deals

Written on
January 19th 2009
Author
  |   Reuters Group

REUTERS — The music industry needs to learn from the “dark side of the Internet” that has so decimated its business if it is to ever regain the upper hand in the fight against piracy. At the annual industry gathering in the south of France, executives revealed a sliver of optimism [...] More...

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