Reuters Information Revenue Up, Boosted By Sales In US
EARNINGS REPORT
LONDON--Reuters Group revenue showed an improvement of 9 percent year on year for the six months ended June 30. Profits before taxes of £450 million were buoyed by a £160 million profit booked after a follow-on issue of Tibco Software shares by Tibco.
Reuters Information revenue rose by 5 percent, paced by a 10 percent increase in Asia/Pacific, where revenue in Japan and South Asia rose 7 percent and 10 percent, respectively. Americas’ revenue rose 11 percent because of "good" sales of Reuter
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Waters Wavelength Podcast Episode 87: Disaster Recovery & Initial Margin Rules
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.
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