Reuters Reports
For 150 years, Reuters has been bringing us the latest news from all over the world.
The famous news agency owes its success to a combination of up-to-date content and the latest communication technology of the time.
The German Paul Julius Reuter emigrated to England in 1851 and founded his news agency Reuters ltd. In the City of London. At that time, carrier pigeons and bicycle riders were used to bring in the latest news and stock exchange information.
Reuter's 45 pigeons were fast and could carry news between Aachen, Brussels and London within two hours, faster than the steam trains of the time. They were succeeded a short time later by telegraphy and the company had to wait until 1923 before long-wave radio transmission became available. Reuters has been doing pioneering work in the use of computers to disseminate news since 1964 and has added video and internet services in the last few years. Today, it employs 19,000 staff in 100 countries, including more than 2,260 photographers, journalists and camerapeople, to send the latest news in digital from across the globe.
Although the picture services of this media company, which is now listed on the stock exchange and know as Reuters Group PLC. Only make up a small proportion of its business-its turnover in 2002 was £3,592 billion and profits were £657 million- some 200 images are sent by satellite a day to customers at news -papers, magazine and television stations.
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