1 Read the article about Reuters News Agency and complete the gaps with the correct sentences a-f. There is one extra sentence that you don’t need. Reuters

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B2 Unit test 11B

1 Read the article about Reuters News Agency and complete the gaps with the correct sentences a-f. There is one extra sentence that you don’t need.
Reuters
Thomson Reuters is one of the world’s biggest suppliers of news and financial information.
¹ _____ They provide news stories, photographs and video to newspapers, television and internet sites worldwide. Although known as a press agency, Reuters makes most of its profits through providing financial information such as currency rates and stock prices to bankers and investors all over the world.
The history of Reuters goes hand in hand with improvements in communication technology.
Reuters was established by Paul Julius Reuter. Originally a bookseller in Germany, he set up a service using pigeons to fly stock prices between Germany and Brussels. But by 1851, London had an important place in the global telegraphic network so Reuter moved to an office near the London Stock Exchange. ² _____ By the late 1850s, the company had offices throughout Europe.
Reuter retired in 1872 and the company changed its name to Reuters Ltd. In 1941 it was reorganized to maintain its independence as a press agency. At the same time, in the face of competition from American agencies after World War Two, Reuters increased its financial information services, introducing Stockmaster, which sent stock information from around the world onto computer screens. The launch of the Reuters monitor nearly ten years later created an electronic marketplace for foreign currency by displaying currency rates in real time. ³ _____ This was followed by the introduction of a service which allowed foreign currency traders to trade directly from their own computers.
In the 1990s, Reuters continued to develop information systems and set up a number of companies, including a television company called Reuters Television. ⁴ _____ Today’s Reuters is still based on its basic rules of trust, which state that news and information from the company must be independent and objective. Reuters’ journalists have to provide accurate and clear descriptions of events so that individuals, organizations and governments can make their own decisions based on facts.
Reuters joined with Thomson’s financial information division in 2007 and, as a result, its new name is Thomson Reuters. ⁵ _____ And not only that – it looks set to stay that way for some time to come.
a The agency then expanded these technological advances to include news and other financial information.
b Formerly known as Reuters Group plc, it has a global network of over 2,000 journalists.
c As a result, Reuters transferred its London headquarters from Fleet Street, moving all of them into one building.
d This provides news, sports, business and entertainment via satellite to broadcasters in more than ninety countries.
e It remains a leader in what has become a multi-billion dollar industry.
f From there, he could supply investors in London and Paris with stock prices over the new Dover–Calais telegraph line.

2 points for each correct answer

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