How business ethics really come down to the individual

Occasionally, we talk with employees across all businesses in different world regions to learn about what they do and what really motivates them. We caught up with Edwin Stokkermans and here’s what he told us.

What do you enjoy most about your job?

With 23 years of service, Edwin is Director for Sourcing Applications. His team is located in Bangalore, India and Eagan, U.S., while he is based in Amsterdam, The Netherlands. This global responsibility and continuous engagement across countries is precisely what he loves about his job. “Most of the day, I don’t communicate in my native language (Dutch). With events like the recent soccer World Cup, it’s more enjoyable, as you know people in almost every participating country. When my country wins a game, I get congratulations by mail and chats from all over the world, as if I succeeded personally, it’s fun. This also applies to big news items (unfortunately often challenging issues) you can relate to colleagues, share empathy and act as a global family. This additional value, which is very powerful, should not be underestimated.”

His job entails taking care of the deployment, maintenance, quality control, service support, user adoption of the applications within the Global Sourcing Group, among others: (more…)

The family businesses – graphic of the day

In May, auditors found what they called “material irregularities” at Espirito Santo International, a Luxemburg-registered holding company controlled by the Espirito Santo family of Portugal, one of Europe’s biggest banking dynasties. A month later, authorities launched an investigation into Rioforte, also a holding company of the Espirito Santo family. Today’s graphic guides you through the maze of financial and non-financial assets owned by the Espirito Santo family.

espirito santo

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.

Weekly Investment Banking Scorecard

deals intelligence

CIT Group’s $3.4 billion purchase of California’s OneWest Bank pushed the level of deal making in the financial sector to $206.6 billion for year-to-date 2014, a 54% increase compared to a year ago and the strongest year-to-date period for M&A in the sector since 2011. With strong deal making activity in the healthcare, media and energy sectors, M&A in the financial sector accounts for just 10% of the worldwide total this year, the lowest percentage since year-to-date 1989 when financials accounted for 9% of global M&A

Weekly Highlights: (more…)

Journalist spotlight: Robert Cole on how Breakingviews correctly predicted Germany’s World Cup victory

In December, Reuters Breakingviews editors applied their analytical skills to the World Cup, declaring “Germany is going to win the soccer World Cup” in a column written by Breakingviews assistant editor Robert Cole. Earlier this month, that prediction proved accurate when Germany beat Argentina in the final. Breakingviews editors used the “Soccernomics” calculator, based on players’ transfer value and countries’ economic and social factors to crunch the numbers. In a Reuters Best: Journalist Spotlight Q&A, Robert offers an inside look at how they produced the calculator and made the on-the-nose prediction.

Q. How did the idea for doing a World Cup calculator and prediction come about?

A. Breakingviews compiles a short book of Predictions each December, usually with around 40 separate pieces. Most are on markets, investment banks, corporate finance, economics and asset management. We sprinkle in a few ‘fun’ subjects too, and this is where the ‘Germany will win the World Cup’ prediction came in. It was the first time we’d undertaken an exercise in soccer as specific as this.

Q. What is the process of putting this calculator together? How are the various measurements selected? (more…)

Latin America economic growth expectations fall – graphic of the day

Analysts polled in July are less optimistic about the growth prospects in Latin America than they were three months earlier. Today’s graphic shows the projected GDP growth for Brazil, Mexico, Argentina and Chile.

latam growth

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.

Lessons of a garden

By Katharine Ramsden, Global Head of Thought Leadership, Thomson Reuters

Call it what you will. Farm-to-table. Locovore. Slow food. Organic farming. Sustainable agriculture.

Its everywhere – the Food Network, the hottest restaurants, green markets. But in reality, its not new, only rediscovered. People in ever greater numbers in the U.S. are doing what generations before us (and humans around the globe) have always done: growing their own food. This summer, I am one of them.

I will be honest, it’s a small garden. Tomatoes, peppers, basil, parsley, rosemary. A little lettuce, chard, kale. It’s perhaps 4 feet by 16 feet, along the sunny side of the barn behind my house. My mother, on a farm in New Hampshire, has gardened on a larger scale for many years. Beans, beets, brussel sprouts, onions, cucumbers, zucchini. She cans and preserves and pickles, makes tomato sauce she freezes. She feeds garden prunings to her chickens (trust me, the eggs taste better than any you’ve ever eaten from a store.) These are things people in rural areas have always known and always done. My own ambitions are more modest – pick and eat. I am a cook who has long bought fresh ingredients, now I am growing them outside my kitchen.

Findings from a National Gardening Association (NGA) survey, indicate that food gardening in the U.S. has been on the rise for awhile. Seven million more households grew their own fruits, vegetables, herbs, or berries in 2009 than in 2008, — a 19 percent increase. This increase was nearly double the 10 percent growth in vegetable gardening from 2007 to 2008 and has only continued to grow since.

Who is out in the garden? This infographic gives a nice snapshot. (Even the White House has a vegetable garden.) Like me, most of them are growing tomatoes. It’s been a good summer for tomatoes … hot, but with plenty of rain. (more…)

Sustainability and the Law

Britain's Prime Minister David Cameron speaks at the 'Girl Summit 2014' at the Walworth Academy in London July 22, 2014.  REUTERS-Oli Scarff-Pool

Many people may not associate the law as being relevant to sustainability. On Thomson Reuters sustainability, we see it as fundamental. Abuse of basic human rights is at least as damaging to long term stability and prosperity as almost any form of environmental damage. How well we take care of each other, and codify that care, is core to sustainability. (more…)

European carbon market research & forecast

The Research and Forecast service available on Thomson Reuters Eikon now offers critical insights into the European Union emissions trading team. The service is developed by Point Carbon, a market leading analysis provider within the Nordic and European power markets and now part of Thomson Reuters.

Find more information on Eikon here.

What happens next? A platform for the future

Annual Review

Our 2013 Annual Review brings our company story to life by showcasing how we support today’s decision makers by providing global information platforms that are faster, simpler and more connected. You can access the full-report here or check out the complete series of blog posts.

The world cannot wait. That’s the challenge faced by Thomson Reuters customers on every continent, in every sector and profession. And like our customers, we are aggressively pursuing the opportunities presented by such a complex, demanding and constantly changing world.

In the new global marketplace, mobile communications have erased the traditional boundaries of place and time. The interconnections of big data are expanding the scope of what can be known and acted upon. International commerce has moved beyond well-worn paths, flowing in new directions between regional hubs. Mirroring that evolution, regulatory frameworks have become vastly more complex and demanding, with little coordination among regions. And, in a familiar pattern, the sheer volume of information grows exponentially from year to year. (more…)

Journalist spotlight: Jeff Mason on being elected President of the WHCA

Earlier this month, Reuters White House Correspondent Jeff Mason was elected president of the White House Correspondents’ Association for the 2016-2017 season. Jeff will become the fifth Reuters correspondent to serve as president of the WHCA and will preside over the annual WHCA dinner in the spring of 2017. Jeff, who has covered the White House for Reuters since 2009, was the lead correspondent for President Barack Obama’s 2012 campaign and has been posted in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. In a Reuters Best: Journalist Spotlight Q&A, Jeff offers an inside look at covering the White House and his thoughts on his own presidential election.

Q. How do you feel about winning the WHCA president seat, and what does it mean to you and to Reuters to be elected to this position?

A. I felt very honored to win the WHCA presidency. It was a flattering vote of confidence from my peers who cover the beat. I’m also humbled to follow in the footsteps of four other Reuters colleagues, including Steve Holland and Caren Bohan, who have held the position previously. Having the opportunity to serve will be helpful for raising Reuters’ profile in Washington and within the White House, which is a good thing. It also shows that an organization like Reuters has the clout to represent our media peers at a high level.

Q. What got you interested in running? (more…)