Definition
Thomson Reuters is a multinational media and information firm headquartered in Toronto, Canada. The company was formed in 2008 when the Thomson Corporation acquired Reuters Group. Thomson Reuters encompasses a diverse portfolio that includes news media, professional information services, and specialized software tools. Its primary focus areas include legal, tax and accounting, scientific research, and financial markets.
Examples
- Reuters News: As a major news service, Reuters provides real-time news and multimedia content to media organizations and businesses around the globe.
- Westlaw: A widely-used online legal research service packed with law reports, legal commentaries, and analysis for legal practitioners.
- Eikon: A financial information platform offering data, analytics, and trading support tools to financial professionals.
- Thomson Reuters Tax & Accounting: This division provides software and solutions to help accountants and tax professionals manage compliance and reporting.
Frequently Asked Questions (FAQs)
Q: What industries does Thomson Reuters serve?
A: Thomson Reuters serves professionals in legal, tax and accounting, financial and risk management, media, and scientific research industries.
Q: What does Reuters specialize in?
A: Reuters specializes in multimedia news provision, including text, video, and pictures delivered in real-time.
Q: How can I access Thomson Reuters legal resources?
A: Thomson Reuters legal resources such as Westlaw can be accessed through subscription-based services.
Q: Does Thomson Reuters provide financial data?
A: Yes, products like Eikon deliver comprehensive financial data, analytic tools, and trading solutions.
Q: Is Thomson Reuters involved in scientific research?
A: Yes, Thomson Reuters provides information and solutions supporting scientific research, including data analytics and workflow tools.
Related Terms and Definitions
- Westlaw: An online legal research service provided by Thomson Reuters offering extensive resources including case law, statutes, and legal commentaries.
- Eikon: A financial information platform by Thomson Reuters that provides real-time market data, analysis tools, and trading support.
- Reuters: A global news agency under Thomson Reuters, providing timely and accurate news coverage across multiple media channels.
- Thomson Corporation: A major information services company that merged with Reuters Group in 2008 to form Thomson Reuters.
Online References
Suggested Books for Further Studies
- Trust Principles: The U.K. Reuters and Thomson Legacy by Oliver Boyd-Barrett
- Reuters: Our World Now by Reuters
- The Power of News: The History of Reuters, 1849-1989 by Donald Read
- Fluent in 3 Months by Kusters Benny (for understanding the global language and communication aspect relevant to international news agencies)
Fundamentals of Thomson Reuters: Media Organisation Basics Quiz
Thank you for embarking on this journey through Thomson Reuters, a major pillar in media and professional services. Good luck with your studies!