Commentary & Analysis
It’s been three years since China became the world’s second largest economy, behind the United States. Despite having this economic powerhouse status, China’s currency is not yet in the equivalent ranks of the ‘majors’ or most actively traded currencies. But, perhaps we are getting closer. Some recent changes certainly point to this.
Just two months ago, the UK chancellor George Osborne and China Vice Premier Kai Ma signed a landmark agreement which will potentially create Europe’s first RMB offshore market in London, worth RMB 80 billion (or about US $13 billion). This is on top of the RMB 144.6 billion (US$ 23.7 billion) that China has already designated for foreign investment. I should note that other centres, including Paris and Frankfurt, are also vying to create such hubs in Europe as well. These would effectively create the first offshore RMB market(s) outside of Asia, following the creation of RMB offshore centres in Singapore and Hong Kong. The Financial Times recently cited estimates from HSBC that HK accounts for $12-13 billion each day, doubling the amount traded last year. (more…)
By Eric Burroughs, Editor of Reuters (FX) Buzz
Never before have I seen Thomson Reuters have such an impact at an event of such importance to our diversity strategy as this year’s Out & Equal. Those of us in the Pride at Work group were ambitious when we knew this year’s summit would be held in Minneapolis, so close to one of our biggest offices. We wanted to be one of the top sponsors to put the spotlight on our company’s achievements and dedication to making our global workplaces truly inclusive for lesbian, gay, bisexual and transgender employees. We’ve learned a lot from attending the past few years, but this year we also found companies wanting to talk to us about our successes, such as domestic partner benefits in the Philippines and India. (more…)
By Scott Manuel, Head of Mobile Product Delivery, Thomson Reuters
In the last three weeks, the Convene mobile app team had the opportunity to support two wonderful causes and their associated conferences – the Grace Hopper Celebration India and Out & Equal – with Thomson Reuters-developed mobile technology.
Thomson Reuters Convene is an easy-to-use mobile conferencing app. It pulls in all the event information you need – previously shared via hard copy or across various electronic programs – including the event program, directory, FAQs, maps, polls, handouts, reference materials, personalized event schedule, Twitter integration and much more. The app runs on both iOS, Android, and Blackberry 10.
The Convene team partners with all the business units to deploy Convene at their hosted conferences, and works with groups across Thomson Reuters that have a significant sponsorship or relationship with external organizations and conferences. As a result, we get the chance to place our cool mobile technology not only in the hands of our customers, but non-customer and professional influencers that will come to relate Thomson Reuters with great technology.
At both of these events we made quite a splash. Here are a few highlights: (more…)
By Jonathan Leff, Editor in Charge, Commodities & Energy
The commodity trading industry is in the midst of unprecedented flux: the U.S. shale oil and gas production boom is upending global energy flows; tough new financial regulations are reshaping the marketplace; banks, merchants and big corporations are competing and collaborating in new and unexpected ways; and just as some owners look to sell their trading desks, new players are jumping at the chance to get a foothold in the raw materials supply chain. In a series of 15 interviews over last week, the Reuters Global Commodities Summit offered a rare glimpse into the strategic plans and tactical positions of the most important traders, merchants, bankers and regulators in the business at a moment of extraordinary change. (more…)
The recent Twitter IPO is causing a tremendous amount of new interest in tech IPOs. Watch this video to see how you can track Twitter’s journey by using Thomson Reuters Eikon and learn what the Reuters journalist who covers Twitter has to say about other possible tech IPOs in the future.
Seek more on the Thomson Reuters Eikon blog.
As a global leader in providing unbiased, accurate and up-to-the-minute news and information to our customers across a variety of professions, it is essential that trust remain a cornerstone of how we do business. For more clarity on trust and its role within each of our businesses, we talked with several of our business leaders to gather their thoughts on the importance of trust in the professional areas we serve.
“Thomson Reuters is a company that is respected around the world for its independence and integrity. Global Growth & Operations operates in some of the most dynamic economies in the world, often where business and legal practices are evolving rapidly. Nothing is more important to our business than the trust our customers put in us, and it is particularly important in the growth markets, which are striving to build transparent markets and professional standards. Thomson Reuters’ dedication to the highest ethical standards everywhere we do business — with our customers and with our partners, competitors and each other — is essential to maintaining that trust.”
Read the full article to hear more from our business leaders on what trust means to them.
Check out our other stories on trust:
The recent evolution of our customer experience journey
Over the past several years our company has been defining, articulating and optimizing our brand and end-to-end customer experience journey. During a recent hiking trip, I began thinking about how we create a natural rhythm across the company that is anchored within customer experience and that ultimately inspires brand loyalty.
Our customer experience analogy starts with preparation, ensuring we have the right equipment, maps, weather information and group for the attempt, getting to base camp, checking the route and conditions, hitting the first ridge, taking in oxygen, another check of the hike and ensuring we support each other to the summit together (without losing our water bottles along the way). Not for the faint- hearted! (more…)