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Bloomberg

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Bloomberg L.P. was founded by Michael Bloomberg in 1981 with the help of Thomas Secunda, Duncan MacMillan, and Charles Zegar. Within 10 years of its founding, Bloomberg L.P. had made over 10,000 installations of the Bloomberg Professional service, a groundbreaking data, analytics and information-delivery service. In the same decade, Bloomberg opened offices around the world and launched Bloomberg News.

The next decade saw subscriptions skyrocketing to 150,000 while Bloomberg.com and Bloomberg Tradebook launched, allowing traders to trade stocks directly through the Bloomberg Professional service. This past decade saw more rapid growth, with technological innovations continuing to make Bloomberg the professional’s choice for data, analytics, news and more. Subscriptions doubled yet again to over 300,000 as new and better algorithms allowed finance professionals to stay ahead of the competition.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 

Last Updated: June 27, 2016

China OKs Entry of First Big Cargo of Argentine Corn

Hugh Bronstein
Bloomberg
Argentine Agriculture Minister Norberto Yauhar said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo is already headed inland to be used as hog and chicken feed. 

China May Let More Families Have Second Child, Xinhua Says

Alexandra Ho
Bloomberg
China is studying whether to relax its one-child policy to allow more couples to have two children, the official Xinhua News Agency reported, citing the National Health and Family Planning Commission.

China Stocks World’s Worst Losing $748 Billion On Slump

Richard Frost, Weiyi Lim
Bloomberg
Four years after China's growth helped lead the global economy out of a recession and won the admiration of luminaries from billionaire George Soros to Nobel laureate Joseph Stiglitz, the nation’s stock...

Ties With Japan Face ‘Grim Test,’ China Naval Researcher Writes

Henry Sanderson
Bloomberg
“Japan, of course, wants to have it both ways; it wants to share in the dividends from China’s economic growth, while maintaining a hardline stance in its relations with China,” Xing wrote. “It is therefore extremely unlikely that there will be any...

China Orders Government-Debt Audit as Growth Risks Rise

Bloomberg
China will start a nationwide audit of government debt this week as the new Communist Party leadership investigates the threats to growth and the financial system from a record credit boom. The State Council, under Premier Li Keqiang,...

China Sets Timeline for Resolving Bo Xilai Scandal

Bloomberg
China set a timeline for the prosecution of disgraced Politburo member Bo Xilai, moving to resolve a scandal that overshadowed a once-in-a-decade transfer of power and tested the unity of new Communist Party leaders.

Bo Xilai Charged With Corruption, Bribery, Abuse of Power

Bloomberg
“Defendant Bo Xilai used his official state position to seek benefits, illegally accepted an extremely huge amount of property from others, embezzled a huge amount of public money, and abused his power, resulting in huge losses to the nation and the...

China Mine Runoff Pollutes Water for 30,000, China Daily Says

Bloomberg
Officials in southern China shut 112 illegal mines after polluted runoff entered the local water supply, killing fish and making the water unusable for about 30,000 people, China Daily newspaper said.

Ping An of China Said to Buy Lloyds of London Building

Bonnie Cao
Bloomberg
 Ping An Insurance Group Co., China’s second-largest insurer, agreed to buy the Lloyd’s of London building from a Commerz Real AG-managed fund, two people with knowledge of the transaction said.

Both Sides Worried on Maintaining Relations (Video)

Bloomberg
Chinese leaders, during private meetings with U.S. officials, have moved past their previous denial of cyber-espionage, and are acknowledging a problem, CBS says, citing unnamed officials. 

Changing China Food Safety Key to Shuanghui on Smithfield

Bloomberg
“If we go and purchase businesses from America and Europe, develop China’s meat industry, we will raise the level and standard of our food safety,” said Wang Long, Shuanghui’s chairman. 

Wang Tells Donilon China Must Coordinate Its Policies With U.S.

Bloomberg
China and the U.S. should “strengthen macroeconomic policy coordination, and jointly promote world economic recovery and growth,” Wang told Donilon today, according to a statement on the Chinese Foreign Ministry’s website. 

Why China’s Riches Won’t Bring It Freedom

Pankaj Mishra
Bloomberg
China poses a challenge to the Anglo-American faith in the global march of liberalism and democracy. It has achieved spectacular growth without embracing electoral democracy.  

McDonald’s To Hire 75,000 Staff On Store, McCafe Expansion

Bloomberg
The new hiring represents an increase of as much as 83 percent of the Illinois-based company’s workforce in the Asian nation. McDonald’s has more than 90,000 employees in China currently.  

Chinese Suggestions For Improving Internet Disappear

Adam Minter
Bloomberg
Thriving microblogging culture has become China’s de facto town square. But as more alleged rumors and critical commenters are quieted or deleted this center of civil society becomes a less interesting place to visit.