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Reuters is a company supplying global financial
markets and news media with a range of information products and transactional solutions, including real-time and historical market data, research and analytics, financial trading platforms,
investment data and analytics plus news
in text, video, graphics and photographs.
The company was founded by Paul Reuter, a pioneer of telegraphy services.
In the mid-1990s the company had a brief foray into the radio sector with London Radio's two stations, London News 97.3 FM and
London News Talk 1152 AM, which replaced LBC in 1994. A Reuters Radio News service was also
set up to compete with Independent Radio News.
On September 28, 2001, the Group
acquired certain businesses and assets of Bridge Information Systems Inc. Also during the year, the Group acquired 100% of
Diagram fip SA and 92% of ProTrader Group LP. In October 2001, the Group disposed of
its majority stake in VentureOne Corp.
Accusations fly about Reuters's neutrality; The
Wall Street Journal 's James Taranto, for example, commonly
expresses his opinion that the organization is biased toward left-wing politicians and causes. Critics like Taranto point to such
passages as "Bush, who avoided combat in Vietnam while serving as a pilot in the Texas Air National Guard, calls himself a war
president for his re-election campaign against Democratic presidential candidate John Kerry, a decorated Vietnam veteran"
[1]
as evidence that Reuters does not bother reserving its opinions for the editorial page. Some supporters of Israel, such as
Catholic Exchange and Honest Reporting, feel that Reuters's reporting on the Israel-Palestinian conflict has an unfair bias against Israel (see links below).
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