Slower sales hit revenue at Thomson Reuters

Revenue and profit dragged down as fixed income and investment management slow growth of markets business

Slower sales dragged revenue and profit in Thomson Reuters’ main financial business down 4% in the first quarter, with the media group reporting total revenue flat at $3.14bn (€2.4bn).

Thomson Reuters' Markets division, which includes its desktop business, reported revenue of $1.84bn, which is down 4% before currency changes, and profits of $323m, also off 4% on the same period last year.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink