International wire agency Reuters is being sold to Th
omson Corp., the Canadian publisher, for around $17.2 billion. While the Thomson and Reuters news and financial businesses will be called Reuters, the other Thomson businesses are going to be renamed Thomson-Reuters Professional. This signals the formation of the world’s biggest financial news and data service. Thomson-Reuters will have revenues of a whopping $12 billion and close to 50,0000 employees worldwide. This entity will command around 34% of the financial information market; Bloomberg LP, that has 33%, will soon slip to second place. Tom Glocer, the Reuters Group Chief Executive, will now become the Chief Executive Officer of Thomson- Reuters “The combination of these two great businesses will create an exceptional global information company guided by the Reuters Trust Principles,” Tom Glocer said in the statement
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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omson Corp., the Canadian publisher, for around $17.2 billion. While the Thomson and Reuters news and financial businesses will be called Reuters, the other Thomson businesses are going to be renamed Thomson-Reuters Professional. This signals the formation of the world’s biggest financial news and data service. Thomson-Reuters will have revenues of a whopping $12 billion and close to 50,0000 employees worldwide. This entity will command around 34% of the financial information market; Bloomberg LP, that has 33%, will soon slip to second place. Tom Glocer, the Reuters Group Chief Executive, will now become the Chief Executive Officer of Thomson- Reuters “The combination of these two great businesses will create an exceptional global information company guided by the Reuters Trust Principles,” Tom Glocer said in the statementFor Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
Read More:-The Sunday Indian - Greatest News weekly
http://iipm-news.spaces.live.com/
http://pankajnegiz.spaces.live.com/
http://iipminternational.spaces.live.com/
http://iipm-iipmschool.spaces.live.com/
Along came HBO!
BRAND : Real Twist
BRAND: Nokia
Don makes a ‘fair’ deal…
RCOM rings in the fabricating tone!!
The Noodle House comes to India
Re-cycle...
Cricket isn’t just cricket
Puravankara gets stuck in bad weatherHarry Potter strikes a million!
