ReutersReuters (ˈrɔɪtərz, ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848.
Fleet StreetFleet Street is a major street mostly in the City of London, England. It runs west to east from Temple Bar at the boundary with the City of Westminster to Ludgate Circus at the site of the London Wall and the River Fleet from which the street was named. The street has been an important through route since Roman times. During the Middle Ages, businesses were established and senior clergy lived there; several churches remain from this time including Temple Church and St Bride's.
Exchange (organized market)An exchange, bourse (bʊərs), trading exchange or trading venue is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are bought and sold. In the twelfth century, foreign exchange dealers in France were responsible for controlling and regulating the debts of agricultural communities on behalf of banks. These were actually the first brokers. They met on the Grand Bridge in Paris, the current Pont au Change. It takes its name from the forex brokers.
Toronto Stock ExchangeThe Toronto Stock Exchange (TSX; Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 11th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. The Toronto Stock Exchange likely descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852.
CNBCCNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel and website. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels.
Goldman SachsThe Goldman Sachs Group, Inc. (sæks ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue.
Great Fire of LondonThe Great Fire of London was a major conflagration that swept through central London from Sunday 2 September to Thursday 6 September 1666, gutting the medieval City of London inside the old Roman city wall, while also extending past the wall to the west. The death toll is generally thought to have been relatively small, although some historians have challenged this belief. The fire started in a bakery in Pudding Lane shortly after midnight on Sunday 2 September, and spread rapidly.
Paternoster RowPaternoster Row was a street in the City of London that was a centre of the London publishing trade, with booksellers operating from the street. Paternoster Row was described as "almost synonymous" with the book trade. It was part of an area called St Paul's Churchyard. The street was devastated by aerial bombardment during World War II. In 2003 the street was replaced with Paternoster Square, the modern home of the London Stock Exchange, although a City of London Corporation road sign remains in the square near where Paternoster Row once stood.
TakeoverIn business, a takeover is the purchase of one company (the target) by another (the acquirer or bidder). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip.
Financial servicesFinancial services are economic services provided by the finance industry, which together encompass a broad range of service sector firms that provide financial management, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises.
