Thomson Reuters is a global news and information service provider, renowned for its high-quality, reliable journalism and data services. As a leading player in media, finance, and legal industries, Thomson Reuters serves professionals and organizations worldwide with an extensive range of products and services.
History of Reuters
Reuters was originally established in 1851 by Paul Julius Reuter. It started as a news agency and evolved into one of the largest multimedia news providers in the world. In 2008, Reuters merged with Thomson Corporation to form Thomson Reuters.
Services Provided
News and Media
Thomson Reuters provides breaking news, global coverage, and in-depth analysis on various topics, including:
- Market Data
- Business News
- Political News
- Legal News
Financial Data
Thomson Reuters is a primary source for financial market data, offering tools and platforms such as Eikon and Lipper for professional financial analysis.
Legal Services
Thomson Reuters Legal offers a comprehensive range of legal research and solutions, including:
- Westlaw
- Practical Law
- Legal Managed Services
Tax and Accounting
Products for tax practitioners, including ONESOURCE and Checkpoint, facilitate compliance, reporting, and strategic planning.
Special Considerations
Ethics and Integrity
Thomson Reuters maintains strict ethical guidelines and standards to ensure credibility and trustworthiness in its reporting and data services.
Technological Innovations
Thomson Reuters continually invests in technology, leveraging AI, machine learning, and big data to enhance its offerings.
Examples of Applications
- Financial analysts use Reuters’ market data to make informed trading decisions.
- Journalists rely on Thomson Reuters for accurate news reporting.
- Lawyers and law firms utilize Westlaw for legal research.
Historical Context
Established over 170 years ago, Reuters has shaped the media landscape significantly. The merger with Thomson Corporation in 2008 marked a pivotal moment, consolidating the combined entity’s expertise in media and information services.
Related Terms
- Eikon: A professional platform provided by Thomson Reuters for accessing real-time financial data, news, and analytics.
- Westlaw: A comprehensive legal research service provided by Thomson Reuters.
- Practical Law: A legal know-how service offering practical and up-to-date legal guidance.
- ONESOURCE: A Thomson Reuters platform for tax automation and compliance.
Frequently Asked Questions
Q: What kind of news does Thomson Reuters provide? A: Thomson Reuters covers a wide range of news, including finance, business, political, legal, and international news.
Q: How does Thomson Reuters ensure the accuracy of its data? A: Thomson Reuters adheres to rigorous data verification processes and maintains strict ethical guidelines to ensure data accuracy.
Q: What is the significance of the Reuters Trust Principles? A: The Reuters Trust Principles ensure the integrity, independence, and freedom from bias in Reuters’ news reporting.
References
- “Thomson Reuters - Overview” www.thomsonreuters.com
- “Reuters - About” www.reuters.com
Summary
Thomson Reuters, formed from the merger of Reuters and Thomson Corporation, is a premier global news and information provider. Its historical roots, extensive service offerings, and commitment to integrity make it a critical resource for professionals in various fields. Whether through breaking news, financial data, legal research, or tax services, Thomson Reuters remains a cornerstone of modern information services.
