Reuters Announces Long-Awaited Internet Strategy, New Ventures


LONDON--While Reuters embarked on yet another major reorganization internally (see story, this issue), Reuters’ chief executive Peter Job unveiled a series of initiatives aimed at quelling concerns about a lack of a forward-looking strategy at its annual results meeting last week.

The unveiled plans--including a regrouping of its operating divisions and shuffling of top-level management, as well as plans to spend £500 million over the next four years in the migration of its services to Intern

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