“Reuters” is pronounced as “ROY-ters” or “ROY-tərz.” The emphasis is on the first syllable, and the second syllable is pronounced as “ters” (rhymes with “airs”). This pronunciation is commonly used in both British and American English.
The history of Reuters
Reuters is a renowned global news organization that has a long and storied history. Here’s an overview of its origins and development:
- Early Beginnings: The agency was founded by Paul Julius Reuter (originally Israel Beer Josaphat) in 1851. Reuter was a German-born entrepreneur who established the “Reuter’s Telegram Company” in Aachen, Germany, using carrier pigeons to transmit stock market prices between Brussels and Aachen. In 1858, he moved to London, England, where the company evolved into what we know today as Reuters.
- International Expansion: Over the years, Reuters expanded its operations to cover international news. In 1865, they launched the first news service linking London and Paris via the under-sea cable. This move allowed them to deliver news across borders more efficiently and quickly.
- Role in Financial News: In the late 19th and early 20th centuries, Reuters cemented its reputation as a leading provider of financial news. They were the first to report the assassination of U.S. President Abraham Lincoln in 1865 and played a crucial role in transmitting financial data across the world.
- Reuters Foundation: In 1949, the Reuters Foundation was established to provide scholarships and training in journalism and other related fields. The foundation aims to promote quality journalism and media freedom globally.
- Evolution of Technology: Reuters has always been at the forefront of adopting new technologies to improve news gathering and dissemination. From telegraphy to radio, television, and the internet, they have adapted to various technological advancements.
- Thomson Reuters: In 2008, the company’s financial division was acquired by The Thomson Corporation, a Canadian media conglomerate, to form “Thomson Reuters.” This merger strengthened their position in the financial information market.
- Reuters Today: As of my last update in September 2021, Reuters remains one of the world’s most prominent news agencies. They continue to provide global news coverage across various topics, including politics, business, finance, technology, and more. Reuters’ news is widely used by media outlets, financial institutions, and businesses around the world.
Throughout its history, Reuters has maintained a reputation for accuracy, reliability, and impartiality in its reporting, making it a trusted source of news for millions of people worldwide. It has weathered numerous challenges and changes in the media landscape, adapting and evolving to remain a leading force in the news industry.