Reuters Boasts Strong H1 Results

FRONT PAGE: ORGANIZATION & STRATEGY

Reuters last week announced a 12 percent increase in revenue for the first half of 2006 due to last year's acquisition of Telerate as well as a price increase and product sales.

Total revenue amounted to £1.277 billion compared to £1.139 billion for the same period ending June 30, 2005.

While the Telerate acquisition added four percentage points of revenue growth in the first half, Reuters expects the Telerate revenue to decline in the second half as Telerate customers drop positions that they

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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