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Thomson Reuters

May 3, 2012

A number of family businesses from around the world have gone against the trend of slowed growth, by posting rises in revenues.

A number of family businesses from around the world have gone against the trend of slowed growth, by posting rises in revenues.

Among these is German carmaker BMW, controlled by the Quandt family. On 3 May, the group said it had its “best first-quarter figures ever” in its 100-plus-year history. Revenues rose by 14% to €18.3 billion, up from around €16 billion for the same period last year.

February 10, 2012

Two American businesses with strong family links have reported disappointing results – and both are predicting the first few months of 2012 will be difficult for their companies. 

Two American businesses with strong family links have reported disappointing results – and both are predicting the first few months of 2012 will be difficult for their companies.

Thomson Reuters, controlled by members of the Thomson family, reported a fourth-quarter loss, because of a $3 billion (€2.27 billion) non-cash goodwill impairment charge related to its financial services business.

December 2, 2011

The family behind Thomson Reuters, the financial news and information provider, looks to be tightening control of the business by appointing a Thomson group veteran as its chief executive.

The family behind Thomson Reuters, the financial news and information provider, looks to be tightening control of the business by appointing a Thomson group veteran as its chief executive.

Non-family Jim Smith, currently chief operating officer, will replace Tom Glocer as chief executive on 1 January, the group said in a statement.

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