Reuters’ 30th anniversary coverage of Tiananmen Square was blocked by partner Refinitiv in China. It's an example of how divergent priorities can easily strain corporate joint ventures. jgfarb
Financial information provider Refinitiv removed Reuters news stories, and Breakingviews commentary, related to the 30th anniversary of the violent suppression of pro-democracy demonstrations in Beijing’s Tiananmen Square from its Eikon terminal in China.
Thomson Reuters, the parent company of Reuters and Breakingviews, on Oct. 1 completed the sale of a 55% stake in its financial and risk division, subsequently rebranded as Refinitiv, to private equity firm Blackstone in a deal that valued the business at about $20 billion. A Reuters News spokesman said that Reuters"reports around the world in a fair, unbiased and independent manner, in keeping with the Thomson Reuters Trust Principles, and we stand by our China coverage."
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