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Reuters

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia, Hutchinson 0.02 sec.

Reuters

British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. After a period of competition, Reuters and two rival agencies agreed on a division of territory and for many years held a virtual monopoly on world press services. The company remained in private hands until 1925, when its structure began moving toward a cooperative of British and Australasian press interests. In 1984 it became a public company under the name Reuters Group PLC. By the late 20th century Reuters was a world leader in business and financial market coverage. In 2007 Thomson Corp., a Canadian electronic publisher, agreed to purchase Reuters.


Reuters
news agency; established as telegraphic and pigeon post bureau (1851). [Br. Hist.: Benét, 852]
See : Messenger


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LONDON -- Reuters (NASDAQ:RTRSY)(LSE:RTR), the global news and information company, today announced the launch of Reuters Africa -- a new commercial website dedicated to pan-African news and financial data.
NEW YORK -- Starting today, 24 of the media industry's most influential executives will share their views on the future of media at the Reuters Media Summit in New York.
Reuters Enters One of the World's Largest Virtual Economies
 
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