Reuters Slams Wild Probe Speculation

Global news and information company Reuters Holdings Plc on Tuesday dismissed as 'wild speculation', allegations that it stole key computer coding from rival Bloomberg LP.

Reuters chief executive Peter Job said it took 'very seriously the US criminal investigation into the activities of its Reuters Analytics unit but said it had yet to be charged with any wrongdoing.

Reuters said it was not possible to quantify the impact of the New York probe at this time. When the inquiry was disclosed in late January, Reuters' shares lost