Reuters Group Limited, Reuters Group PLC (2008), now a subsidiary of

[jackson6612]

Reuters Group Limited, Reuters Group PLC (2008), now a subsidiary of Canadian corporation Thomson Reuters (2008) is a United Kingdom-based news service and former financial market data provider that provides news reports from around the world to news media. News reporting once accounted for less than 10% of the company's income. Its main focus was on supplying the financial markets with information and trading products. These included market data, research and analytics, as well as computer-based trading systems. Among other services, the most notable was analysis of 40,000 companies, debt instruments, and 3 million economic series. Competitors included Bloomberg L.P. and Dow Jones Newswires. [Wikipedia]

Don't news channels have there own reporters around the world for reporting news? Then, what kind of channels would buy Reuters' news reports?

Also I didn't understand the red part.

Please help me.

 

[Astronuc]

Reuters has its own staff who collect news about events around the world. They focus on particular sectors of society, e.g., politics/government, financial markets, businesses, etc. They analyze the news for impact on financial markets and economies, and they sell that analysis.

Here are two pages on what ThomsonReuters does -
http://careers.thomsonreuters.com/what-we-do/#/60
http://thomsonreuters.com/products_services/

Financial services - http://thomsonreuters.com/products_services/financial/financial_products/

Science and technology services -
http://thomsonreuters.com/products_services/science/science_products/ [Broken]

They also provide legal advice and business advice, as well as software and hardware systems. For example, ThomsonReuters maintains FindLaw.
Legal services - http://thomsonreuters.com/products_services/legal/legal_products/ [Broken]

News organizations do have their own reporters, but many organizations have reduced staff and instead purchase news stories from AP, AFP, Reuters, Bloomberg, . . . .