The company saw its first-quarter revenue jump by six per cent to US$1.7 billion and increased its expectations for sales growth for the full year. (The Logic)

Talking point: Thomson Reuters’s controlling shareholder is an investment vehicle of Canada’s wealthiest family, the Thomsons. CEO Steve Hasker told The Globe and Mail, also owned by the Thomsons, that he expects the company can weather uncertain times since much of its revenue comes from multi-year contracts. In February 2021, it announced a US$600-million two-year plan to become a content-driven tech firm, saying it would invest in AI and machine learning to better serve customers working from home and prepare operations for life after the pandemic. The company also set up a US$100-million venture-capital fund last October that focuses on early-stage companies raising Series A and B rounds.