Thomson Reuters Corporation provides information and innovative solutions to customers engaged in various sectors, including news and media, taxation, law, government, corporations and professionals.
It disseminates information through a network of trained business and legal professionals, journalists and editors, accounting and tax experts.
The firm provides legal solutions through a wide range of software tools like Westlaw, Practical Law, Panoramic, CLEAR, 3E, etc.
Under the news and media segment, Reuters provides extensive information for businesses, publishers, government, sports media, corporate communications, health and pharma, etc.
The content majorly includes videos, infographics, pictures, audio, live video, and news data provided by various platforms.
Headquartered in Toronto, Ontario, the company’s history dates back to 1851.
Paul Julius Reuter opened an office in London’s financial centre in 1851 and began transmitting stock market quotations between London and Paris using his ‘telegraph expertise’.
In the 1950s, Thomson merged with The Scotsman Newspaper and Scottish Television. It also acquired Kemsley Group in the same period.
Thomson Newspaper became a public enterprise in the 1960s. Following a merger between Thomson Newspaper and International Thomson, the Thomson Corporation came into being in the 1980s.
In 2002, Thomson was listed on the NYSE under the symbol ‘TOC’.
Reuters Group PLC, in 2008, combined with the Thomson Corporation to form Thomson Reuters.
In 2013, Thomson Reuters launched an open messaging network for financial professionals. The same year, the entity launched Zawya Islamic, reportedly in a move to address the financial requirements of the Islamic community.
In 2015, it launched Reuters TV, a video news platform for consumers, publishers, media firms worldwide.
Thomson Reuters claims that it believes in transparency and provides unbiased information.
The company is presently focusing on achieving net-zero emissions by 2050 or sooner and aims to align its efforts in limiting global temperature rise to 1.5°C.