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The Hurdles Ahead for Reuters-- European monetary union may slow foreign exchange trading, Reuters' key revenue producer. -- Reuters wants to double the portion of revenues it gets from the Americas, to 40%, but it has not sold aggressively enough to U.S. money managers. -- Competition is on the rise, from Bloomberg, Dow Jones Markets, Bridge, and niche players such as Datastream/ICV in London. -- Clients want more customized products delivered at lower costs. Reuters must get better at meeting their demands or risk losing them to rivals.
DATA: BUSINESS WEEK
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Updated Nov. 13, 1997 by bwwebmaster
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