Reuters

Last updated

Reuters
Division
Industry News agency
FoundedOctober 1851;168 years ago (1851-10)
Founder Paul Julius Reuter
Headquarters Canary Wharf, London, United Kingdom
Area served
Worldwide
Key people
Michael Friedenberg (President), Stephen J. Adler (Editor-in-Chief)
Parent Thomson Reuters
Website reutersagency.com (B2B) reuters.com (B2C)
Paul Reuter, the founder of Reuters (photographed by Nadar, c. 1865) Reuter, Paul Julius von, Nadar, Gallica.jpg
Paul Reuter, the founder of Reuters (photographed by Nadar, c. 1865)

Reuters ( /ˈrɔɪtərz/ ) is an international news organization owned by Thomson Reuters. [1] Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data. Since the acquisition of Reuters Group by the Thomson Corporation in 2008, the Reuters news agency has been a part of Thomson Reuters, making up the media division. It was established in 1851.

Contents

History

19th century

Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on in order to transmit messages between Brussels and Aachen, [2] in what today is Aachen's Reuters House.

Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter's company initially covered commercial news, serving banks, brokerage houses, and business firms. [2] The first newspaper client to subscribe was the London Morning Advertiser in 1858, and more began to subscribe soon after. [2] [3] According to the Encyclopædia Britannica : "the value of Reuters to newspapers lay not only in the financial news it provided but in its ability to be the first to report on stories of international importance." [2] Reuter's agency built a reputation in Europe and the rest of the world as the first to report news scoops from abroad. [4] It was the first to report Abraham Lincoln's assassination in Europe, for instance, in 1865. [2] [4]

In 1865, Reuter incorporated his private business, under the name Reuter's Telegram Company Limited; Reuter was appointed managing director of the company. [5]

In 1872, Reuter's expanded into the far east, followed by South America in 1874. Both expansions were made possible by advances in overland telegraphs and undersea cables. [4] In 1878, Reuter retired as managing director. [5] In 1883, Reuter's began transmitting messages electrically to London newspapers. [4]

20th century

The company returned to private ownership in 1916, with all shares purchased by Roderick Jones and Mark Napier; they renamed the company "Reuters Limited", dropping the apostrophe. [5] In 1923, Reuters began using radio to transmit news internationally, a pioneering act. [4] In 1925, the Press Association (PA) of Great Britain acquired a majority interest in Reuters, and full ownership some years later. [2] During the world wars, The Guardian reported that Reuters: "came under pressure from the British government to serve national interests. In 1941 Reuters deflected the pressure by restructuring itself as a private company." The new owners formed the Reuters Trust. [4] In 1941, the PA sold half of Reuters to the Newspaper Proprietors' Association, and co-ownership was expanded in 1947 to associations that represented daily newspapers in New Zealand and Australia. [2] The Reuters Trust Principles were put in place to maintain the company's independence. [6] At that point, Reuters had become "one of the world's major news agencies, supplying both text and images to newspapers, other news agencies, and radio and television broadcasters." [2] Also at that point, it directly or through national news agencies provided service "to most countries, reaching virtually all the world's leading newspapers and many thousands of smaller ones," according to Britannica. [2]

In 1961, Reuters scooped news of the erection of the Berlin Wall. [7] Reuters was one of the first news agencies to transmit financial data over oceans via computers in the 1960s. [2] In 1973, Reuters "began making computer-terminal displays of foreign-exchange rates available to clients." [2] In 1981, Reuters began supporting electronic transactions on its computer network and afterwards developed a number of electronic brokerage and trading services. [2] Reuters was floated as a public company in 1984, [7] when Reuters Trust was listed on the stock exchanges [4] such as the London Stock Exchange (LSE) and NASDAQ. [2] Reuters later published the first story of the Berlin Wall being breached in 1989. [7]

21st century

Reuters' share price grew during the dotcom boom, then fell after the banking troubles in 2001. [4] In 2002, Britannica wrote that most news throughout the world came from three major agencies: the Associated Press, Reuters, and Agence France-Presse. [8] Reuters merged with Thomson Corporation in Canada in 2008, forming Thomson Reuters. [2] In 2009, Thomson Reuters withdrew from the LSE and the NASDAQ, instead listing its shares on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). [2] The last surviving member of the Reuters family founders, Marguerite, Baroness de Reuter, died at age 96 on 25 January 2009. [9] The parent company Thomson Reuters is headquartered in Toronto, and provides financial information to clients while also maintaining its traditional news-agency business. [2]

In 2012, Thomson Reuters appointed Jim Smith as CEO. [6] Almost every major news outlet in the world subscribed to Reuters as of 2014. Reuters operated in more than 200 cities in 94 countries in about 20 languages as of 2014.[ citation needed ] In July 2016, Thomson Reuters agreed to sell its intellectual property and science operation for $3.55 billion to private equity firms. [10] In October 2016, Thomson Reuters announced expansions and relocations to Toronto. [10] As part of cuts and restructuring, in November 2016, Thomson Reuters Corp. eliminated 2,000 worldwide jobs out of its around 50,000 employees. [10]

Journalists

Reuters [11] employs some 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters journalists use the Reuters Handbook of Journalism [12] as a guide for fair presentation and disclosure of relevant interests, to maintain the values of integrity and freedom upon which their reputation for reliability, accuracy, speed and exclusivity relies. [12]

In May 2000, Kurt Schork, an American reporter, was killed in an ambush while on assignment in Sierra Leone. In April and August 2003, news cameramen Taras Protsyuk and Mazen Dana were killed in separate incidents by U.S. troops in Iraq. In July 2007, Namir Noor-Eldeen and Saeed Chmagh were killed when they were struck by fire from a U.S. military Apache helicopter in Baghdad. [13] [14] During 2004, cameramen Adlan Khasanov in Chechnya and Dhia Najim in Iraq were also killed. In April 2008, cameraman Fadel Shana was killed in the Gaza Strip after being hit by an Israeli tank. [15]

While covering China's Cultural Revolution in Peking in the late 1960s for Reuters, journalist Anthony Grey was detained by the Chinese government in response to the jailing of several Chinese journalists by the colonial British government of Hong Kong. [16] He was released after being imprisoned for 27 months from 1967 to 1969 and was awarded an OBE by the British Government. After his release, he went on to become a best-selling historical novelist.

In May 2016, the Ukrainian website Myrotvorets published the names and personal data of 4,508 journalists, including Reuters reporters, and other media staff from all over the world, who were accredited by the self-proclaimed authorities in the separatist-controlled regions of eastern Ukraine. [17]

In 2018, two Reuters journalists were convicted in Myanmar of obtaining state secrets while investigating a massacre in a Rohingya village. [18] The arrest and convictions were widely condemned as an attack on press freedom. The journalists, Wa Lone and Kyaw Soe Oo, received several awards, including the Foreign Press Association Media Award and the Pulitzer Prize for International Reporting, and were named as part of the Time Person of the Year for 2018 along with other persecuted journalists. [19] [20] [21] After 511 days in prison, Wa Lone and Kyaw Soe Oo were freed on 7 March 2019 after receiving a presidential pardon. [22]

Killed on assignment

NameNationalityLocationDate
Hos Maina KenyanSomalia12 July 1993
Dan Eldon KenyanSomalia12 July 1993
Kurt Schork AmericanSierra Leone24 May 2000
Taras Protsyuk UkrainianIraq8 April 2003
Mazen Dana PalestinianIraq17 August 2003
Adlan Khasanov RussianChechnya9 May 2004
Waleed Khaled IraqiIraq28 August 2005
Namir Noor-Eldeen IraqiIraq12 July 2007 [23]
Saeed Chmagh IraqiIraq12 July 2007 [23]
Fadel Shana'a PalestinianGaza Strip16 April 2008
Hiro Muramoto JapaneseThailand10 April 2010
Molhem Barakat SyrianSyria20 December 2013

Criticism and controversy

Policy of objective language

Reuters building entrance in New York City Reuters Building.jpg
Reuters building entrance in New York City

Reuters has a policy of taking a "value-neutral approach," which extends to not using the word "terrorist" in its stories, a practice which attracted criticism following the September 11 attacks. [24] Reuters' editorial policy states: "Reuters may refer without attribution to terrorism and counterterrorism in general, but do not refer to specific events as terrorism. Nor does Reuters use the word terrorist without attribution to qualify specific individuals, groups or events." [25] By contrast, the Associated Press does use the term "terrorist" in reference to non-governmental organizations who carry out attacks on civilian populations. [24]

Following the September 11 attacks, Reuters global head of news Stephen Jukes reiterated the policy in an internal memo and later explained to media columnist Howard Kurtz (who criticized the policy): "We all know that one man's terrorist is another man's freedom fighter, and that Reuters upholds the principle that we do not use the word terrorist... We're trying to treat everyone on a level playing field, however tragic it's been and however awful and cataclysmic for the American people and people around the world. We're there to tell the story. We're not there to evaluate the moral case." [24]

In early October 2001, CEO Tom Glocer and editor-in-chief Geert Linnebank and Jukes later released a statement acknowledging that Jukes' memo "had caused deep offence among members of our staff, our readers, and the public at large" and wrote: "Our policy is to avoid the use of emotional terms and not make value judgments concerning the facts we attempt to report accurately and fairly. We apologize for the insensitive manner in which we characterized this policy and extend our sympathy to all those who have been affected by these tragic events." [26]

In September 2004, The New York Times reported that Reuters global managing editor, David A. Schlesinger, objected to Canadian newspapers' editing of Reuters articles to insert the word terrorist. Schlesinger said: "my goal is to protect our reporters and protect our editorial integrity." [27]

Climate change reporting

In July 2013, David Fogarty, former Reuters climate change correspondent in Asia, resigned after a career of almost 20 years with the company and wrote about a "climate of fear" which resulted in "progressively, getting any climate change-themed story published got harder" following comments from then deputy editor-in-chief Paul Ingrassia that he was a "climate change sceptic". In his comments, Fogarty stated: "Some desk editors happily subbed and pushed the button. Others agonised and asked a million questions. Debate on some story ideas generated endless bureaucracy by editors frightened to make a decision, reflecting a different type of climate within Reuters—the climate of fear," and that "by mid-October, I was informed that climate change just wasn't a big story for the present. …Very soon after that conversation I was told my climate change role was abolished." [28] [29] [30] Ingrassia, formerly[ citation needed ] Reuters' managing editor, previously worked for The Wall Street Journal and Dow Jones for 31 years. [31] Reuters responded to Fogarty's piece by stating: "Reuters has a number of staff dedicated to covering this story, including a team of specialist reporters at Point Carbon and a columnist. There has been no change in our editorial policy." [32]

Subsequently, climate blogger Joe Romm cited a Reuters article on climate as employing "false balance", and quoted Dr. Stefan Rahmstorf, Co-Chair of Earth System Analysis at the Potsdam Institute that "[s]imply, a lot of unrelated climate skeptics nonsense has been added to this Reuters piece. In the words of the late Steve Schneider, this is like adding some nonsense from the Flat Earth Society to a report about the latest generation of telecommunication satellites. It is absurd." Romm opined: "We can't know for certain who insisted on cramming this absurd and non-germane 'climate sceptics nonsense' into the piece, but we have a strong clue. If it had been part of the reporter's original reporting, you would have expected direct quotes from actual skeptics, because that is journalism 101. The fact that the blather was all inserted without attribution suggests it was added at the insistence of an editor." [33]

Photograph controversies

According to Ynetnews, Reuters was accused of bias against Israel in its coverage of the 2006 Israel–Lebanon conflict after the wire service used two doctored photos by a Lebanese freelance photographer, Adnan Hajj. [34] In August 2006, Reuters announced it had severed all ties with Hajj and said his photographs would be removed from its database. [35]

In 2010, Reuters was criticised again by Haaretz for "anti-Israeli" bias when it cropped the edges of photos, removing commandos' knives held by activists and a naval commando's blood from photographs taken aboard the Mavi Marmara during the Gaza flotilla raid, a raid that left nine Turkish activists dead. It has been alleged that in two separate photographs, knives held by the activists were cropped out of the versions of the pictures published by Reuters. [36] Reuters said it is standard operating procedure to crop photos at the margins, and replaced the cropped images with the original ones after it was brought to the agency's attention. [36]

Accusations of pro-Fernando Henrique Cardoso bias

In March 2015, the Brazilian affiliate of Reuters released a text containing an interview with Brazilian ex-president Fernando Henrique Cardoso about the ongoing Petrobras scandal. One of the paragraphs mentioned a comment by a former Petrobras manager, in which he suggests corruption in that company may date back to Cardoso's presidency. Attached to it, there was a comment between parenthesis: "Podemos tirar se achar melhor" ("we can take it out if [you] think it would be better"), [37] which is now absent from the current version of the text. [38] The agency later issued a text in which they confirm the mistake, explaining it was a question by one of the Brazilian editors to the journalist who wrote the original text in English, and that it was not supposed to be published. [39]

Funding by the UK Government

In November 2019 the UK Foreign Office released archive documents confirming that it had provided funding to Reuters during the 1960's and 70's so that Reuters could expand its coverage in the Middle East. An agreement was made between the Information Research Department(IRD) and Reuters for the UK Treasury to provide £350,000 over 4 years to fund Reuters' expansion. The UK government had already been funding the Latin American department of Reuters through a shell company, however, this method was discounted for the Middle East operation due to the accounting of the shell company looking suspicious, with the IRD stating that the company "already looks queer to anyone who might wish to investigate why such an inactive and unprofitable company continues to run" [40] . Instead, the BBC was used to fund the project by paying for enhanced subscriptions to the news organisation which the treasury would reimburse the BBC for at a later date. The IRD acknowledged that this agreement would not give them editorial control over Reuters, although the IRD believed it would give them political influence over Reuters' work, stating "this influence would flow, at the top level, from Reuters' willingness to consult and to listen to views expressed on the results of its work" [40] . [41]

See also

Related to Reuters
Related to Thomson Reuters

Related Research Articles

PA Media British news agency

PA Media is a multimedia news agency operating in the United Kingdom and Ireland.

Petrobras Brazilian energy company

Petróleo Brasileiro S.A. — Petrobras, more commonly known as simply Petrobras, is a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.

Bloomberg News, is an international news agency headquartered in New York and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief.

Asian News International (ANI) is an Indian news agency based in New Delhi that provides syndicated multimedia news feed to multiple news-bureaus in India and beyond. Established by Prem Prakash, it was the first agency in India to syndicate video news. As of 2019, it is the biggest news agency in India; Smita Prakash remains the Editor-in-Chief and is married to the CEO, Sanjiv Prakash.

Thomson Reuters Canada-based media company

Thomson Reuters Corporation is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at 333 Bay Street.

David Schlesinger Reuters editor

David Schlesinger is the founder and Managing Director of the media and China independent consultants Tripod Advisors, a D.A. Schlesinger Limited company, based in Hong Kong. www.tripodadvisors.com/about

Stephen J. Adler is an American journalist. He has been editor-in-chief of Reuters since 2011 and president since 2012.

Insein Prison Prison near Yangon, Myanmar

Insein Prison is located in Yangon Division, near Yangon (Rangoon), the old capital of Myanmar. From 1988 to 2011 it was run by the military junta of Myanmar, named the State Law and Order Restoration Council from 1988 to 2003 and the State Peace and Development Council (SPDC) from 2003 to 2011, and was used largely to repress political dissidents.

Thomson Reuters Foundation News, formerly Alertnet, is an award winning global news service available free of charge to hundreds of smaller media outlets and non-government organisations around the world. It is run by the Thomson Reuters Foundation, the charitable arm of Thomson Reuters.

Union Solidarity and Development Party political party in Myanmar

The Union Solidarity and Development Party, which was registered on 8 June 2010 by the Union Election Commission, currently standing as an opposition political party, is the successor to the Burmese government's mass organisation, the Union Solidarity and Development Association. It was headed by President Thein Sein until 2013, and its headquarters are in Naypyidaw's Dekkhinathiri Township.

Ministry of Information (Myanmar) government agency of Myanmar

The Ministry of Information in Myanmar informs the public about government policy plans and implementation and supports improvements to knowledge and education of the public.

Thomson Reuters Foundation nonprofit organization in London, United Kingdom

Thomson Reuters Foundation is the London-based charitable foundation founded in 1983 by Thomson Reuters. The Foundation is registered as a charity in the United States and United Kingdom and is headquartered in Canary Wharf, London.

Amaq News Agency is a news outlet linked to the Islamic State of Iraq and the Levant (ISIL). It is often the "first point of publication for claims of responsibility by the group".

Inn Din Village in Rakhine State, Myanmar

Inn Din is a village in northern Rakhine State, Myanmar. The village is in an area of mixed ethnicity, including Rohingya and ethnic Rakhine people. In December 2017, a mass grave with ten Rohingya men was discovered near the Inn Din cemetery. In January 2018, the Myanmar military admitted that its soldiers and Rakhine paramilitaries had killed the ten Rohingyas in September of the previous year.

Inn Din massacre 2017 mass killing perpetrated in Rakhine State, Myanmar

The Inn Din massacre was a mass execution of Rohingyas by the Myanmar Army and armed Rakhine locals in the village of Inn Din, in Rakhine State, Myanmar on 2 September 2017. The victims were accused of being members of the Arakan Rohingya Salvation Army (ARSA) by authorities. An investigation by Myanmar's military concluded on 10 January 2018 that there was indeed a mass execution of Rohingyas in Inn Din, marking the first instance where the military admitted to extrajudicial killings during their "clearance operations" in the region.

Shujaat Bukhari was a Kashmiri journalist and the founding editor of Rising Kashmir, a Srinagar-based newspaper.

Wa Lone Burmese journalist

Wa Lone is a Reuters journalist and children's author who, with fellow reporter Kyaw Soe Oo, was arrested on 12 December 2017 in Myanmar because of their investigation into the Inn Din massacre. A police witness testified that their arrest was a case of entrapment. It is believed to have been intended to intimidate journalists.

Kyaw Soe Oo Myanmar journalist

Kyaw Soe Oo is a Myanmar Reuters journalist who, with fellow reporter Wa Lone, was arrested on 12 December 2017 in Myanmar because of their investigation into the Inn Din massacre. A police witness testified that their arrest was a case of entrapment. It is believed to have been intended to intimidate journalists.

Clare Baldwin American journalist

Clare Baldwin is an award-winning American journalist. As a special correspondent for Reuters in the Philippines, she won a Pulitzer Prize for International Reporting in 2018 for reporting on the killing campaign behind Philippines President Rodrigo Duterte’s war on drugs.

References

Citations

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Sources

Further reading