Born from a 16 billion dollar takeover by Canada's Thomson of London-based
Reuters, the company will sell products to professionals ranging from
financial to health-care. Shares in the company are being listed in London,
Toronto and New York amid broader concern about weakness in the financial
industry. Reuters reporter Darcy Lambton has more.

The world's leading information company takes to the stage for the first
time on the London stock market.

Now the hard work begins for Thomson Reuters to prosper at a time of
broader turbulence in the financial industry.

The company was formed out of a 16 billion dollar takeover by Canada's
Thomson for London-based Reuters which started life back in 1851.

The fresh entity is something of an information giant.

On top of selling electronic news and data to professionals globally,
Thomson Reuters now provides more specific information and databases to
scientists, lawyers, accountants and health-care specialists.

Thomson Reuters is headed by former Reuters chief executive Tom Glocer.

He says the company will provide what he calls ''intelligent information''
that people will pay for.

Thomson-Reuters shares are being listed in London, New York and
Toronto.

In London, they've fallen in the early part of the session, but that's no
great surprise.

Analysts had expected London-listed Thomson Reuters shares to trade at a
discount to the Toronto shares.

They say the decline reflects the changing nature of the company's
shareholder base.

With worries about recession in the US, Thomson Reuters is certainly
entering a tough business environment.

The global credit crunch sparked by subprime mortgage meltdown has seen
investment banks write off billions of dollars in recent months.

But Glocer says Thomson Reuters is well positioned to weather the wider
storm citing hot demand for its energy and foeign exchange data.

The first major internal step will be blending together effectively a wide
range of Reuters and Thomson products.  

And some future job losses are expected where overlap exists between the
two organisations.

Meanwhile the company aims to extract savings of around 500 million dollars
over the next three years.

Darcy Lambton, Reuters.