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Reuters Group Limited is a news service and former financial market data provider. It’s core business is providing reports from around the world to newspapers and broadcasters, while news reporting only accounted less than 10% of its income.
These included market data, such as share prices and currency rates, research and analytics, as well as trading systems that allowed dealers to buy and sell such assets as currencies and shares on a computer screen instead of by telephone or on a trading floor like that of the New York Stock Exchange. Among other services, the most notable was analysis of 40,000 companies, debt instruments, and 3 million economic series. Competitors included Bloomberg L.P. and Dow Jones Newswires.