Information technology services industry
Reuters, the global information company, and Sun Microsystems, Inc. have announced that the Reuters Market Data System (RMDS) will be available to run on Solaris 10 Operating System (OS), catering to customer demand for increased performance and reduced latency in algorithmic trading. This move aims to help customers better manage
Information technology services industry
Greenpeace reports that illegal bioengineered rice is spreading rapidly across China, posing a significant risk to global markets. According to the environmental advocacy group, unapproved Bt rice has been found at grain wholesalers in Guangzhou, a major city located just north of Hong Kong. This alarming discovery follows a previous
Information technology services industry
Reuters, the international news agency, held a service of Thanksgiving at St Bride's church yesterday to mark its departure from Fleet Street, the historic home of British journalism, to the London Docklands. The agency, which has occupied its ancestral acres at 85 Fleet Street since 1939, is relocating
Information technology services industry
As leading publishers and newspaper editors bid farewell to the historic Fleet Street, a special thanksgiving service was held at St Bride's, the journalists' church in London. The event marked the end of an era, with Reuters, the electronic information group, leaving the area after 66 years.
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Thomson Corporation, a Canadian publishing group, is aiming to increase its European presence by acquiring legal publishers, competing with Reed Elsevier and Reuters in the financial information market. The company's current revenue breakdown shows that only 18% comes from outside North America, with a goal to raise this
Information technology services industry
Thomson Corporation, a Canadian publishing group, is planning to expand its presence in Europe through strategic acquisitions. The company aims to increase its non-North American revenue, currently at 18% of its $8 billion total revenue, to between 25% and 35% in each of its four main lines of business. This
Information technology services industry
Reuters, the global information company, has received clearance from the European Commission for its pending acquisition of Moneyline Telerate, a global provider of real-time financial information. The acquisition remains subject to other customary completion conditions, including regulatory clearances from the United States. Reuters and Telerate are working together to satisfy
Information technology services industry
The Philippine economy is expected to slow down significantly in 2005, with a median forecast of 4.8 percent growth, down from 5.0 percent in January and below the government's target of 5.3 to 6.3 percent. The weak agricultural sector, slower demand for electronics exports,
Information technology services industry
The Manchester United board is preparing to allow the team's shareholders to decide on whether to accept Malcolm Glazer's $1.5 billion takeover offer. Despite believing the bid is fairly priced, the board will not recommend it due to the significant debt required to finance the
Information technology services industry
Reuters has announced the launch of Kondor Global Risk, a sophisticated tool for managing credit exposures and limits, with additional functionality for Basel II compliance. This new module is part of the Reuters suite of Kondor trade and risk management solutions, which are already used by 14,000 users across
Information technology services industry
At least 46 people have been killed in a devastating explosion at an explosives factory on the premises of the Chambishi mine in Zambia. The blast tore through the factory, destroying the plant and causing widespread destruction. The plant, owned by China's NFC Mining Africa Plc, was a
Information technology services industry
CME and Reuters, a leading global information company, announced the expansion of their CME FX on Reuters service with four new clearing firms, Calyon Financial, JPMorgan, Lehman Brothers, and Refco, joining the existing seven clearing firms. This move further enables the service to facilitate trading for CME and Reuters end-users,
