28 Apr 2010 09:49

BLOOMBERG OFFERS INTERFAX RUSSIAN NEWSWIRE SERVICE

BLOOMBERG PROFESSIONAL service users get real-time news from Interfax on Russia, Ukraine and Kazakhstan

Bloomberg, the world‘s most trusted source of market data, news and analytics, and Interfax, the leading Russian-language newswire, today announced the release of Interfax‘s real-time, Russian-language news service on the BLOOMBERG PROFESSIONAL® service.

Bloomberg users in Russia and the other CIS countries will get free access to three, specialized Interfax newswires covering Russia, Ukraine and Kazakhstan, all in Russian. The Russian financial newswire offers about 250 breaking news stories a day, covering politics, economics, companies and banks. It also includes commentaries and market forecasts. The Ukraine and Kazakhstan newswires focus on news relevant to those financial markets.

"Combining Bloomberg‘s Russian and CIS market data and cutting-edge analytical products with Interfax‘s news creates the most complete data solution in the region in a single platform," said Gerard Francis, head of Bloomberg‘s Global Emerging Markets. "Market conditions in Russia and CIS countries are changing rapidly, so professionals need to have the fastest, most reliable and complete analytics, news and data available."

Mr. Francis noted that Russian financial market participants rank Interfax as a highly used specialized financial news product. He added that Interfax‘s real-time newswire will feed into Bloomberg‘s news search engine, accessible at NSE , making Bloomberg the most complete venue for Russian-language financial market news. Interfax‘s information complements Bloomberg News, which has journalists in Kiev, Moscow, St. Petersburg and Almati.

"We have continually developed new Interfax products focused on the needs of professionals in the financial markets who make vital investment decisions using our information. Our growing audience, including traders, analysts and bankers with access to Bloomberg terminals in Russia, show the wisdom of our strategy," said Mikhail Komissar, General Director of Interfax.

For more information about subscribing to the new Bloomberg-Interfax Russian newswire service contact Bloomberg salespersons: Ksenia Bure (kbure@bloomberg.net), Simon Falkovitch (sfalkovitch@bloomberg.net), or call the Bloomberg Russian sales team directly at +44-20-3216-4490.

*** Interfax Group is a leading provider of critical information on Russia, China and emerging markets of Eurasia, serving the diverse needs of investors, corporations, financial professionals and the media. Interfax provides about 100 specialized information services, supplying business information, real-time news, market data, ratings, credit reports. The leader in the CIS, the Interfax Group has a global operational network, with over 1000 staff daily turning out over 3000 stories. Interfax is the creator of SPARK, Russia‘s largest corporate information database with records on 12 million companies in Russia, Ukraine and Kazakhstan. Interfax has partnered with Moody‘s Investor Service to form Moody‘s Interfax Rating Agency, Russia‘s leading national rating agency. The Group has also teamed up with Experian and Sberbank to form Experian-Interfax credit bureau, a joint venture offering credit and debt research services. For more information, please visit http://www.interfax.com.

*** Bloomberg is the world‘s most trusted source of information for businesses and professionals. Bloomberg combines innovative technology with unmatched analytic, data, news, display and distribution capabilities, to deliver critical information via the BLOOMBERG PROFESSIONAL® service and multimedia platforms. Bloomberg‘s media services cover the world with more than 2,200 news and Multimedia professionals at 146 bureaus in 72 countries. The BLOOMBERG TELEVISION® 24-hour network reaches more than 240 million homes. BLOOMBERG RADIO® services broadcast via Sirius XM Radio and 1worldspace™ satellite radio globally and on WBBR 1130AM in New York. The award-winning monthly BLOOMBERG MARKETS® magazine, Bloomberg BusinessWeek magazine and the BLOOMBERG.COM® website provide news and insight to business leaders and global decision-makers. For more information, please visit http://www.bloomberg.com

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