Smith “was very concerned” upon learning about Craig’s decision to impose the filtering, said a senior Thomson Reuters official. “As a global business, Refinitiv must comply with the laws and regulations of the countries in which we operate. Refinitiv and Thomson Reuters remain close: Reuters sells news to Eikon, and Thomson Reuters retains a 45% stake in Refinitiv. They have complained to Thomson Reuters CEO Smith that by suppressing stories, Refinitiv is violating the terms of the deal. Prior to the Blackstone deal, when Thomson Reuters controlled the Eikon business, Reuters stories were not blocked in China on Eikon.

Source: International New York Times December 12, 2019 23:15 UTC