Reuters had very good start to 2008: CEO
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DAVOS, Switzerland  - Reuters Group Plc  expects to deliver signature 2007 results and has seen a good start to 2008 with no signs of major weakness in the U.S. markets, Chief Executive Tom Glocer said on Friday.
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Reuters Group PLC said Thursday it expects sales to fall by around 1.5 percent in its first quarter, a much smaller decline than the 8.4 percent drop that the news and financial data provider saw in the January-March period last year.
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Business & money: Chief executive hails 'strong start' to the year, fuelled by a record performance from its investment banking arm.
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Mr Geert Linnebank, Editor-in-Chief and Global Head of Content, Reuters; Mr Kiran Karnik, President, Nasscom; and Mr N. Dharam Singh, Chief Minister of Karnataka, at the inauguration of Reuters&#39; new facility in Bangalore on Thursday.
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Double-digit revenue growth is the highlight of a good quarter.
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The European Union's incoming antitrust chief said Friday she thought Microsoft chairman Bill Gates was doing a "good job" when she awarded him an honorary degree eight years ago as head of a Dutch business school.
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BANGALORE: With global information group Reuters launching its data centre operations in Bangalore, journalism is being given a new spin.
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Global news agency Reuters  on Wednesday appointed David Schlesinger to be its new editor in chief, replacing Geert Linnebank, who will become a senior adviser to the company's chief executive.
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Shares in global news and information provider Reuters Group Plc rose to their highest level since April after a report Thursday that the firm may sell its U.S. electronic trading subsidiary, dealers said.
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SYDNEY : Rupert Murdoch said his US-bound media giant News Corp. is on the &quot;cusp of a new and more prosperous era&quot; as it reported a jump in earnings and rival mogul John Malone moved to increase his stake in the company.
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Media giant News Corp today posted a 27% rise in first quarter net profit today, prompting chief Rupert Murdoch to declare that the US-bound company is on the cusp of a new era of prosperity.
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Shares in Reuters Group Plc, the world&#39;s largest publicly traded provider of financial information, rose as much as 8.4 percent after the company said the number of contracts signed
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Media giant Reuters on Thursday posted rising third-quarter revenues, as it shrugged off recent global markets turmoil ahead of its agreed takeover by Canadian rival Thomson Corp.
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Earnings at News Corp., the media conglomerate run by Rupert Murdoch, rose 27 percent in the latest quarter on stronger results from broadcast television, cable networks and newspapers, the company reported Wednesday.
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News Corp Chairman Rupert Murdoch  received a pay raise last fiscal year, boosting his  compensation package to $24.3 million, nearly matching the pay  of his second in command.
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LOS ANGELES: Rupert Murdoch&#39;s News Corp has posted a 28 per cent rise in quarterly profit as strong results in newspapers, broadcast and cable television countered weaker performances in its film and Italian pay-TV divisions.
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International Monetary Fund head Rodrigo Rato has said the world economy is in its best shape in five years, the BBC reported Sunday.