Reuters Group

Reuters Group plc was a British multinational media and financial information company headquartered in London, United Kingdom.

[1] Paul Reuter noticed that, with the electric telegraph, news no longer required days or weeks to travel long distances.

Reuter set up his "Submarine Telegraph" office in October 1851 just before the opening of that undersea cable in November, and he negotiated a contract with the London Stock Exchange to provide stock prices from exchanges in continental Europe in return for access to the London prices, which he then supplied to stockbrokers in Paris.

[citation needed] Reuter's agency built a reputation in Europe for being the first to report news scoops from abroad, such as Abraham Lincoln's assassination.

[citation needed] Reuters grew rapidly after its 1984 IPO, widening the range of its business products and global reporting network for media, financial and economic services.

In 1988, Reuters formed a joint-venture with the Chicago Mercantile Exchange to build an automated futures trading system named "Globex" at a cost of over US$100 million.

In 1995, Reuters established its "Greenhouse Fund" to take minority investments in start-up technology companies, initially in the US, only.

[9] From 1939, corporate headquarters were in London's famous Fleet Street in a building designed by Sir Edwin Lutyens.

The Reuters Building at 30 South Colonnade is near the One Canada Square tower, Jubilee Park and Canary Wharf tube station.

[15] The Asian headquarters were located in Singapore, having moved there from Hong Kong ahead of the British handover to China in 1997 (Thomson Reuters retains offices here at ICBC Tower and Cityplaza 3).

Paul Reuter aged 53 years (1869), by Rudolf Lehmann
Reuters Docklands Technical Centre, in the London Docklands area
The Reuters Building in Canary Wharf, London Borough of Tower Hamlets