Thomson Reuters has raised its revenue guidance for the full year after a third quarter in which its markets division saw growth for the first time in almost two years.

Tom Glocer, chief executive of the financial and professional information group, said financial clients on Wall Street and around the world were witnessing their own equivalent of a jobless recovery. “It has been a story of the substitution of technology instead of headcount growth.”  Source:  Thomson Reuters

BIIA Newsletter November I – 2010 Issue