Bansal named ME for Americas news at Reuters

Tiffany Wu, Americas regional editor for Reuters, sent out the following announcement on Wednesday: I am delighted to announce that Paritosh Bansal has been appointed Managing Editor for News in the Americas, reporting to me. He will be based in New York and work with reporters, bureau chiefs and specialist editors around the region to […]

Reuters seeks a U.S. banking reporter

Reuters is looking for a reporter to cover U.S. banking, with a particular focus on Bank of America and Wells Fargo. The right applicant will have a natural curiosity about all things financial, and be able to leverage that curiosity into scoops, enterprise stories and well-rounded analyses of breaking news. Sometimes that means digesting a […]

Bloomberg chair leaves Blackstone board over Thomson Reuters

Bloomberg chairman Peter Grauer will step down from Blackstone Group’s board after the money manager announced a $17.3 billion deal for the financial terminals and data unit of Bloomberg rival Thomson Reuters. Peter Wells of the Financial Times writes, “Mr Grauer informed Blackstone he would resign from the board effective immediately, according to a regulatory filing […]

Reuters seeks oil markets reporter

Reuters is seeking a sharply focused, relentlessly driven journalist who is passionate about breaking news to join the New York energy team as it covers the rise to record energy production in the United States, and the country’s increasingly important role in global crude and fuel markets. This is a position for a reporter who […]

Arrested Reuters reporters denied bail

A court in Myanmar declined to grant bail on Thursday for two Reuters journalists accused of violating the country’s Official Secrets Act, reports Thu Thu Aung and Yimou Lee of Reuters. Aung and Lee report, “Lawyer Than Zaw Aung said a police witness had accepted during court proceedings that details in documents found in the […]

Thomson Reuters agrees to deal with group led by Blackstone

A group led by Blackstone Group LP agreed to buy a majority stake in Thomson Reuters Corp.’s financial and risk unit in a deal that values the business at $20 billion. Melissa Mittelman of Bloomberg News reported, “Thomson Reuters said it will receive about $17 billion in proceeds, consisting of $3 billion from the Blackstone-led group and $14 […]

Blackstone agrees to $325 million annual payment to Reuters News

Blackstone Group LP has agreed that annual payments of $325 million will be made for 30 years to the Reuters News business as part of a deal by the U.S. private equity firm to buy a majority stake in Thomson Reuters’ Financial and Risk unit, reports Pamela Barbaglia of Reuters. Barbaglia writes, “The payments – […]

Reuters parent in talks to sell big division

U.S. private equity firm Blackstone Group LP is in advanced talks to buy an approximate 55 percent stake in the Financial and Risk business of Thomson Reuters Corp., reports Pamela Barbaglia of Reuters. Barbaglia reports, “Thomson Reuters’ board, the sources said, is expected to meet on Tuesday to discuss Blackstone’s offer for the F&R business, which supplies […]

Reuters fired a top editor in 2016 after sexual harassment allegations

Dayan Candappa, a former top editor at Reuters, was fired in 2016 after a subordinate filed a complaint saying he repeatedly sexually harassed her, reports Rossalyn Warren of BuzzFeed. Warren reports, “Reuters removed Dayan Candappa from his role as Americas editor after a senior reporter complained to Reuters management about his behavior on Feb. 2, 2016. […]

Reuters hires O’Connell from WSJ and Tanouye from Bloomberg

Reuters executive editor for professional news Amy Stevens announced the appointment of two new global industry editors on Monday: Dear All, Two weeks ago, we announced five of the Global Industry Editors (GIE’s) who will be championing our efforts to produce a company news file that is second to none. We also said that two […]