First with Musharraf announcing he would quit

Reuters beat Dow Jones by 10 seconds on August 18 when Pakistani President Pervez Musharraf announced he would quit. Reuters beat Bloomberg by 29 seconds on news that the Pakistani stock market leaping 4 percent on the resignation, which DJ only carried 26 minutes later.Competitors were not as well prepared - Dow Jones ran a story just before Musharraf spoke quoting an aide saying the president would stay in office. Reuters delivered news that told clients what the implications were for the United States, the war against violent militancy, for investors and for relations with India, where the stability of that country’s growing economy can be affected by events in its neighbour and rival.