Reuters' Revenue Growth Slows As Cancellations Remain High, New Orders Low


Reuters Holdings PLC reported a slowdown in revenue growth during the first six months. The company cited the continuing shakeout in the financial markets, which hurt sales of its market data services, and sterling's strength.

The company said its core market data services were hit by high cancellation rates and low new orders. "Net new orders continue much lower than 1990," said managing director and chief executive officer Peter Job in a statement, "and, given continuing problems and reorg

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