Bloomberg L.P.

Bloomberg apologizes for early report of Ankara-mediated prisoner swap

Bloomberg News has apologized and taken "disciplinary action" against a number of its editorial staff after the outlet "prematurely" published news of the Türkiye-mediated historic prisoner swap between Russia and the United States last week.

In an email to staff on Aug. 6, the editor-in-chief, John Micklethwait, wrote that a number of staff members were disciplined.

Instagram’s uneasy rise as a news site

On a recent Wednesday in New York City, Mosheh Oinounou, a former producer for CBS, Bloomberg News and Fox News, swiped through Instagram. He had started his morning reading major newspapers and more than a dozen newsletters. Then he spent much of the day turning many of the articles into posts on his Instagram account, under the handle Mo News.

VIDEO: From Doomsday to New Optimism

Businesses moving "from doomsday to new optimism" was in the focus of an international conference taking organised by the IEDC Bled - School of Management and Bloomberg Adria.

Managers and government representatives from some 25 countries addressed the most pressing global challenges in business, finance and politics.

Brnabic meets with Republic of Ireland minister, entrepreneurs

DUBLIN - On the sidelines of a Bloomberg Media conference in Dublin, Serbian PM Ana Brnabic met with the Republic of Ireland's Minister for Enterprise, Trade and Employment Simon Coveney, the CEO of the country's Industrial Development Agency Michael Lohan, Bloomberg Media CEO Scott Havens and Jaguar Land Rover General Manager John Cormican on Thursday.

Default: For the First Time in a Century, Russia has Not Repaid its Government Debt in Foreign Currency

For the first time since 1918, Russia has failed to repay its government debt in foreign currency, according to Bloomberg.

For months, Russia has wavered on the brink of default, today is the culmination of the financial battle that the United States and other countries are waging against the Kremlin over the invasion of Ukraine.

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