Journalist spotlight: Ernest Scheyder on North Dakota’s caviar operation

REUTERS/Ernest Scheyder

A recent Reuters story detailed how North Dakota in the U.S., known globally for prolific oil production, is also producing premium caviar. A distinctly American version of the salty delicacy prized for centuries by Russian czars gets its start each May in the cool waters where the Missouri and Yellowstone rivers converge. The eggs from paddlefish, a protected species of fish that pre-date the dinosaurs, are processed at the water’s edge to make more than 2,000 pounds of caviar prized by clients from Tokyo to Toronto to New York. Only about 50 pounds is sold retail, where a 4 ounce jar costs $100. The rest is sold to wholesale distributors who bid in an auction-style process. In a Reuters Best: Journalist Spotlight Q&A, North Dakota Correspondent Ernest Scheyder offers a behind-the-scenes look at his reporting on the story.

Q. How did you get started on this story? (more…)

Weekly Investment Banking Scorecard

deals intelligence

Fast facts:

  • WW M&A activity totals $1.7 trillion, up 35% compared to YTD 2014 levels
  • European Follow-On activity totals $76.5 billion, a 3% decline compared to a year ago
  • France DCM hits $107.8 billion so far in 2015, down 41% compared to last year
  • Cable M&A hits $97.2 billion this year, up 42% compared to 2014 levels
  • Technology ECM totals $31.4 billion for YTD 2015, down 24% from 2014
  • Financials DCM falls 10% compared to 2014 with $1.2 trillion raised this year

For more info, download the full Investment Banking Scorecard.

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Thomson Reuters Deals Intelligence delivers IB content including quarterly reviews showing trends in M&A and Capital Markets.

FIFA corruption scandal – Graphic of the day

Some of the most powerful figures in global soccer faced extradition to the United States on corruption charges after being arrested in Switzerland, where authorities also announced a criminal investigation into the awarding of the next two World Cups. Today’s graphic diagrams the FIFA corruption scandal.

FIFA corruption

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Camera exposure: Q&A with Prabir Talukdar

Prabir - Foundation Photo Award

India-based photojournalist Prabir Talukdar was the winner of the 2015 Trust Women Photo Award, a joint initiative by the Thomson Reuters Foundation and Microsoft. Prabir’s work was selected from nearly 500 submissions received from 90 countries. Photographers across the world were challenged to submit images capturing the lives and stories of remarkable women in their communities. #WomenMakeItHappen reached six million people on social media.

In March, 10 finalists were selected by a distinguished panel of experts, including: Finbarr O’Reilly, Yale World Fellow and former Reuters photographer; Carla Eid, Global Head of Social Engagement at Microsoft Mobile; Belinda Goldsmith, Editor-in-Chief of the Thomson Reuters Foundation; Roger Anis, 2014 Trust Women Photo Award winner; and Laura Bates;Founder of the Everyday Sexism Project.

“Prabir’s photos beautifully illustrate the strength and resourcefulness of women battling poverty, illness and discrimination in India, a country where women are constantly challenging deep-rooted views about traditional gender roles and the lower status of women,” added Belinda Goldsmith, Editor-in-Chief of the Thomson Reuters Foundation.

In addition to the award, Prabir will receive an all-expenses paid trip to attend a week-long professional training course on Mobile Journalism organised and run by Thomson Reuters Foundation, and a Microsoft Lumia 930 phone. Prabir’s work will also be showcased at the upcoming Trust Women Conference 17-18 November in London.

We spoke to Prabir about his career and the challenges facing women in India. Read more below. (more…)

Innovation: The lifeblood of the global economy

Participants perform during the opening ceremony of the 2014 Sochi Winter Olympics

Innovation is the lifeblood of the global economy, and is in its golden age. In the last decade alone, we have witnessed the introduction landmark inventions, from driverless cars, to bionic limb reconstructions, to the discovery of the Higgs Boson. That’s why it may come as a surprise that we’re reporting that year-over-year innovation growth has hit the slowest pace since the global economic recession.

A new study from our IP & Science business finds that the global pace of innovation has slowed to its lowest level since the recession. The study, which analyzes global intellectual property data — including scientific literature and patents – as a window into innovation in 12 bellwether technology areas, suggests a possible inflection point in global R&D growth in both private sector companies and academic research institutions worldwide.

Following are some of the highlights: (more…)

Human family tree gets a new member – Graphic of the day

A previously unknown member of humankind’s family tree discovered in Ethiopia’s Afar region, Australopithecus deyiremeda, lived 3.3 to 3.5 million years ago alongside the famous human ancestor “Lucy.” Today’s graphic maps out the timeline of the best-estimate date ranges of early human relatives.

human ancestor

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

5th Circuit rejects Mexican states’ oil spill claims against BP

From Westlaw Journals Hazardous Waste:

The 5th U.S. Circuit Court of Appeals has affirmed a ruling that three Mexican states cannot recover damages from BP for alleged property and economic losses sustained as a result of the 2010 Deepwater Horizon oil spill.

The appeals court upheld a decision by the U.S. District Court for the Eastern District of Louisiana that the Mexican states could not proceed with negligence claims because they did not have a proprietary interest in the property allegedly damaged by discharged oil, as required under U.S. Supreme Court precedent.

(Westlaw users: Click here for the 10 most recent stories from Westlaw Journals.) (more…)

Managing liquidity, market & credit risk

There are multiple challenges in measuring, mapping and mitigating credit, market and liquidity risk and I have been actively exploring these with risk managers and related practitioners in the market.

Fundamentally many variables influence how the market is responding to and interpreting liquidity risk management. In an interview I recently had with Finextra (above), I considered liquidity risk from a data perspective and explored the types of challenges practitioners are confronted with as well as how to best overcome them.

During the interview we approached the question of how the market is interpreting risk management by breaking liquidity risk management into two parts. Firstly the market risk management element, i.e. the potential reduction in price an institution will have to accept if liquidity in the market dries up and they are a seller. The second part relates particularly to the buy side and how they manage the risk of their assets under management being reduced through redemptions. (more…)

Greenhouse Gas Transparency


There is power in transparency. That is the core idea with the publication of our second report on the greenhouse gas (GHG) emissions of the 32 largest fossil fuel energy producers in the Global 500. Here is what we found: (more…)

Top worldwide cable deals – Graphic of the day

Charter Communications has offered to buy Time Warner Cable, seeking to combine the number three and number two cable operators to compete against market leader Comcast. Today’s graphic show the top 10 worldwide cable deals.

cable deals

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.