Reuters alone with G20 decisions

Reuters was first by hours to deliver news on key decisions by G20 leaders, gathering in Pittsburgh on Sept. 24 and 25 to review progress in reforming the financial system after the worst crisis in a generation. In the early hours of the U.S. morning, Reuters tapped its sources working on the draft G20 communiqué and got hold of the final document leaders are set to sign off on later on Friday. It spells out a tough timetable for banks to strengthen their capital base and sets new rules on banker bonuses, and it makes the G20 the new forum for global economic management, raising China’s profile in international bodies — all part of a major overhaul of how finance operates. Reuters was widely quoted by investment research reports and by early morning radio and websites in Europe.