Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Thomson Reuters Corporation Add to portfolio

TSP:TRI, Feb 22, 11:08 UTC

Latest TSP:TRI News

Filter your feed

Apply Filter

Thursday, February 20


News

Thomson Reuters close to naming ex-Nielsen president Hasker as CEO-sources

TRI

Feb 20 (Reuters) - Thomson Reuters Corp is close to naming former Nielsen Holdings Plc president Steve Hasker as its next chief executive, succeeding Jim Smith, according to people familiar with the matter. The appointment of Hasker, a senior adviser at private equity firm TPG and former McKinsey & Co media consultant, could be announced as soon as Tuesday, when the Toronto-based company reports its fourth-quarter results, one of the sources said. In a transformative deal, Smith engineered the sale of a 55% stake in the company's financial division in 2018 to Blackstone Group Inc that valued the business at $20 billion. Since then, Thomson Reuters' share price has more than doubled. In focusing on Hasker, the board of Thomson Reuters considered his experience at Nielsen, best known for TV ratings, in running businesses that collect and analyze data, two sources familiar with the matter said.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, February 12


News

Facebook starts fact-checking partnership with Reuters

FB TRI

Feb 12 (Reuters) - Facebook Inc FB.O said on Wednesday it has reached an agreement with news agency Reuters, a unit of Thomson Reuters Corp TRI.NTRI.TO, to fact-check content posted on the social media platform and its photo-sharing app Instagram. Under pressure to remove fake news on its platform ahead of the U.S. presidential elections, Facebook started a U.S. pilot program in December to detect misinformation faster. The move came after U.S. intelligence agencies said that social media platforms were used in a Russian cyber-influence campaign aimed at interfering in the 2016 U.S. election – a claim Moscow has denied. A newly created unit at Reuters will fact-check user-generated photos, videos, headlines and other content for Facebook's U.S. audience in both English and Spanish, the news agency said in a statement.

Read Full Details

Topics:
  • Business
  • Technology
  • Science
News

Facebook starts fact-checking partnership with Reuters

FB TRI

(Reuters) - Facebook Inc said on Wednesday it has reached an agreement with news agency Reuters, a unit of Thomson Reuters Corp, to fact-check content posted on the social media platform and its photo-sharing app Instagram. Under pressure to remove fake news on its platform ahead of the U.S. presidential elections, Facebook started a U.S. pilot program in December to detect misinformation faster. The move came after U.S. intelligence agencies said that social media platforms were used in a Russian cyber-influence campaign aimed at interfering in the 2016 U.S. election – a claim Moscow has denied. A newly created unit at Reuters will fact-check user-generated photos, videos, headlines and other content for Facebook's U.S. audience in both English and Spanish, the news agency said in a statement.

Read Full Details

Topics:
  • Business
  • Technology
  • Science

Wednesday, January 15


News

Japan manufacturers remain gloomy: Reuters Tankan

TRI EURJPY +4 more TRI EURJPY AUDJPY CHFJPY USDJPY GBPJPY

TOKYO (Reuters) - Japanese manufacturers remained in a pessimistic mood in January as Sino-U.S. trade frictions and sluggish global demand weighed on the export-reliant economy, the Reuters Tankan survey showed. But some believed conditions would improve in the next few months, according to the monthly poll, which tracks the Bank of Japan's (BOJ) closely watched tankan quarterly survey. The survey came as the World Bank cut its global growth forecasts slightly for 2019 and 2020 due to a slower-than-expected recovery in trade and investment. In the poll of 502 large- and mid-sized companies, in which 260 firms responded on condition of anonymity, many complained about weak global demand for cars and other goods as well as the hit from Japan's Oct. 1 sales tax hike on consumer sentiment and spending. The BOJ's tankan showed last month that big manufacturers' mood hit a near seven-year low in October-December as the trade war between the world's two largest economies dragged on. But business sentiment globally has picked up after Washington and Beijing agreed on a Phase 1 trade deal in mid-December.

Read Full Details

Topics:
  • Business
  • Financial

Monday, January 13


News

Britain secretly funded Reuters in 1960s and 1970s - documents

TRI

The extent of influence - if any - that the government was able to exert over Reuters news in return for the money is unclear from the documents, which detail a 1969 secret British government financing deal for Reuters. However, the documents illustrate the level of involvement the government once had in Reuters' affairs and the explicit agreement to conceal the financing. Earlier on Monday, the BBC published a story about the government funding. "But the arrangement in 1969 was not in keeping with our Trust Principles and we would not do this today," said Crundwell, referring to the Reuters Trust Principles, designed to preserve the news agency's integrity, independence and freedom from bias. The secret government financing of Reuters - as set out in the documents - amounted to 245,000 pounds ($317,838 at current exchange rates) per year before 1969 but then reduced to 100,000 pounds per year in 1969-1970 and nothing in 1972-1973.

Read Full Details

Topics:
  • Business
  • Politics
  • Financial
  • World

Tuesday, January 07


News

Pawel Dangel Appointed to Thomson Reuters Founders Share Company Board of Directors

TRI

Pawel Dangel is currently the Artistic Director at Theatre Ateneum, one of Warsaw's leading dramatic theatres, and a Member of the Advisory Council for the Department of Liberal Arts at the University of Warsaw. Prior to joining Allianz, he was Vice President of the Management Board, Sales and Marketing Director of Nationale-Nederlanden Polska (ING Group). In addition to his business expertise, Mr. Dangel has a strong interest and background in theatre, having worked as a theatre producer, director, broadcaster and lecturer across Poland and in London for the Rose Bruford College of Speech & Drama, Guildhall School of Music & Drama, Riverside Studios, The Polish Speaking Theatre, BBC Radio and Radio Free Europe. Kim Williams, Chairman of the Founders Share Company's Board, said, "On behalf of my fellow directors, I am delighted to welcome Pawel Dangel to the Thomson Reuters Founders Share Company board and to have him as a Trustee of the Thomson Reuters Trust Principles. As an experienced member of the creative community in Poland and also with extensive commercial knowledge from a variety of roles, Pawel will enrich our board skill sets and discussions from a unique perspective."

Read Full Details

Topics:
  • Business
  • Science

Thursday, December 12


News

Refinitiv created filter to block Reuters stories amid Hong Kong protests

TRI

LONDON (Reuters) - As anti-government demonstrations engulfed Hong Kong in August, Reuters broke a sensitive story: Beijing had rejected a secret proposal by city leader Carrie Lam to meet several of the protesters’ demands in a bid to defuse the unrest. The article was one of a growing number of stories that Refinitiv – which until last year was owned by Reuters’ parent company, Thomson Reuters Corp – has censored in mainland China under pressure from the central government. Since August, Refinitiv has blocked more than 200 stories about the Hong Kong protests plus numerous other Reuters articles that could cast Beijing in an unfavourable light. The system included the creation of a new code to attach to some China stories, called “Restricted News.”. As a result, Refinitiv’s customers in China have been denied access to coverage of one of the biggest news events of the year, including two Reuters reports on downgrades of Hong Kong by credit-rating agencies. Refinitiv generates tens of millions of dollars of annual revenue in China. As Reuters reported in June, citing three people familiar with the matter, Refinitiv began the censorship effort earlier this year after a regulator threatened to suspend its Chinese operation.

Read Full Details

Topics:
  • Business
  • Science
News

SPECIAL REPORT-Refinitiv created filter to block Reuters stories amid Hong Kong protests

TRI

LONDON, Dec 12 (Reuters) - As anti-government demonstrations engulfed Hong Kong in August, Reuters broke a sensitive story: Beijing had rejected a secret proposal by city leader Carrie Lam to meet several of the protesters’ demands in a bid to defuse the unrest. The article was one of a growing number of stories that Refinitiv – which until last year was owned by Reuters’ parent company, Thomson Reuters Corp – has censored in mainland China under pressure from the central government. Since August, Refinitiv has blocked more than 200 stories about the Hong Kong protests plus numerous other Reuters articles that could cast Beijing in an unfavorable light. The system included the creation of a new code to attach to some China stories, called “Restricted News.”. As a result, Refinitiv’s customers in China have been denied access to coverage of one of the biggest news events of the year, including two Reuters reports on downgrades of Hong Kong by credit-rating agencies. Refinitiv generates tens of millions of dollars of annual revenue in China. As Reuters reported in June, citing three people familiar with the matter, Refinitiv began the censorship effort earlier this year after a regulator threatened to suspend its Chinese operation.

Read Full Details

Topics:
  • Business
  • Science

Thursday, December 05


News

Lynk Announces the Hire of Thomson Reuters Leader and Tech Veteran to Lead Global Sales and Marketing Efforts

TRI

In her most recent role as Head of Solution Sales and Business Development for Asia at Thomson Reuters, Cole oversaw a team of over 150 sales specialists for the company’s financial and risk business, worth US$6.5 billion. As an advocate for change, Cole is on the advisory council for women on boards at the Women’s Foundation. His extensive experience spanned across DST (NYSE "DST"), Mintel, World First (acquired by Ant Financial), BC Group, and most recently Diginex, a blockchain securities company where he worked as Chief Marketing Officer and Head of Tokenisation, during which time he advised the Armenian Government on its technology policy. "Lynk is an exciting firm connecting knowledge and expertise enabled by a game changing data-driven technology," said Kimberley Cole. "It is the world’s first SaaS platform built on an expert network. So many firms remain challenged when looking for growth, efficiency and also driving their innovation agendas; it will be great to share how Lynk can help. With the impressive pool of diverse and global experts, Lynk offers a way for businesses of all sizes to gain new insight and ideas like never before."

Read Full Details

Topics:
  • Business
  • Financial
  • Science

Wednesday, November 20


News

Thomson Reuters Announces Early Redemption of Approximately US$552 Million of Debt Securities

TRI

TORONTO, Nov. 20, 2019 /PRNewswire/ -- Thomson Reuters (TSX / NYSE: TRI) today announced that it has exercised its right to redeem approximately US$552 million of its outstanding debt securities. C$550,000,000 principal amount of 3.309% notes due November 12, 2021 (CUSIP No. The total redemption price for the U.S. dollar denominated notes to be redeemed will be determined at a later date, in accordance with the applicable documentation governing those notes. When available, Thomson Reuters will provide the total redemption price for those notes in the "Investors" section of its website, www.thomsonreuters.com. Certain statements in this news release are forward-looking, including the timing and total redemption prices for the planned redemptions. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that the redemptions or that other events described in any forward-looking statement will materialize.Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations, including other factors discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission.

Read Full Details

Topics:
  • Business
  • Financial