
Bloomberg Terminals back up after outage
0
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
Terminals - which cost more than $25,000 a year for a single license - are a vital tool for investors, enabling them to access live prices, data and news.
The outage forced the UK Debt Management Office to extend bidding for a bond auction by 90 minutes. Another debt sale in Portugal was delayed from the morning to afternoon.
The glitch, which Bloomberg has called an "internal issue" was fixed before 1:00pm BST.
"Our systems are returning to normal operations and Terminal functionality has been restored following a service disruption earlier today," says a spokesperson.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
23 minutes ago
- Reuters
Jewellery chain Claire's UK business falls into administration with 2,150 jobs at risk
LONDON, Aug 13 (Reuters) - More than 2,150 jobs are at risk after the UK business of struggling jewellery chain Claire's called in administrators. Insolvency practitioners Interpath said on Wednesday they had been appointed joint administrators to Claire's Accessories UK Ltd, the operator of Claire's 306 stores across the UK and Ireland. The move comes a week after its parent filed for bankruptcy protection in the United States. Headquartered in Birmingham, central England, Claire's is known for its trend-led accessories and as a destination for ear piercing. The administrators said they intend to continue to trade the business while they assess its options, including exploring the possibility of a sale as a going concern. As such, all UK and Ireland stores will remain open. However, customers will no longer be able to place orders online. 'Over the coming weeks, we will endeavour to continue to operate all stores as a going concern for as long as we can, while we assess options for the Company," Will Wright, Interpath's UK CEO, said. "This includes exploring the possibility of a sale which would secure a future for this well-loved brand."


Reuters
44 minutes ago
- Reuters
Australia's Westpac profit grows 5% on margin lift and higher lending
Aug 14 (Reuters) - Australia's Westpac Banking Corp ( opens new tab on Thursday said wider margins and lending and deposits gains helped it post slightly higher third-quarter profit, sending its shares surging more than 5%. The country's third-largest bank by market value reported a net profit of A$1.9 billion ($1.24 billion) for the three months to June 30, 5% higher than the A$1.8 billion a year earlier. Westpac's net interest margins, the spread between interest earned from loans and paid to depositors, came in at 1.99% in the quarter, compared with 1.92% a year ago. Net interest income was A$5 billion in the quarter, up 4% from the quarterly average in the first half. Customer deposits grew by A$10 billion during the quarter, while gross loans jumped by A$16 billion, the bank said in a trading update. Westpac shares rose to A$35.66 to trade at their highest point in a decade. The bank's shares are up 4.9% so far this year and have risen nearly 20% in the past year. Australian banking stock valuations, led by Commonwealth Bank ( opens new tab, have soared in the past year on the back of increased foreign investor demand and are considered among the most highly valued in the world. Contribution from Westpac's treasury and markets segment also climbed sharply from a year ago, helped by a favourable interest-rate environment. The Reserve Bank of Australia has cut its key cash rate by a total of 75 basis points this year, including a 25-basis-point reduction this week. "The resilience of both households and businesses has been aided by the reduction in interest rates and the moderation of inflation," said CEO Anthony Miller. "This is reflected in lower levels of customer stress. It should also underpin a recovery in private sector activity and support lending growth." Miller, who took over as CEO in December, has since focused on cutting costs and streamlining operations and technology under a strategy dubbed UNITE. Quarterly expenses rose, driven by higher salaries and wages and a planned boost in investment for the program. Late mortgage repayments fell three basis points from a year earlier, the bank added. The results follow Commonwealth Bank of Australia's ( opens new tab report on Wednesday of its strongest annual cash earnings. The second-largest lender National Australia Bank ( opens new tab is set to report its third-quarter earnings next week. ($1 = 1.5281 Australian dollars)


The Sun
2 hours ago
- The Sun
Boss of huge car firm warns brands are ‘heading full speed into a wall' and could ‘collapse' over EVs
EUROPE'S car industry is 'heading at full speed against a wall' and risks collapsing if the EU doesn't rethink its ban on new petrol and diesel cars, the boss of a huge car firm has warned. In a stark intervention, he said a 'reality check' was needed before the 2035 ban on combustion-engine sales is locked in. 3 3 3 Mercedes-Benz boss Ola Källenius told German business paper Handelsblatt: "We need a reality check. Otherwise, we are heading at full speed against a wall. "Of course, we have to decarbonise, but it has to be done in a technology-neutral way. We must not lose sight of our economy." The luxury brand — once gung-ho about going fully electric in Europe — has already dropped its ambitious 2021 pledge to stop selling combustion cars 'where market conditions allow' by the decade's end. Källenius, who also heads the European Automobile Manufacturers' Association (ACEA), now warns the EU's policy could trigger a last-minute rush for petrol and diesel cars before the cut-off, which 'doesn't help the climate at all.' Electric cars remain far from dominating the market. In the first half of this year, EVs made up just 17.5 per cent of sales across the EU, UK, and EFTA countries, while plug-in hybrids took 8.7 per cent. Traditional hybrids accounted for 35 per cent, but that figure includes mild-hybrids, which critics say aren't 'true' hybrids. Mercedes' own figures show EV sales slipping — just 8.4 per cent of its global deliveries in the first six months of 2025, down from 9.7 per cent last year. Even with plug-ins included, electrified models made up just 20.1 per cent of shipments. The EU's 2035 ban is due for review in the coming months, but Brussels has so far signalled no U-turn, reiterating in March its commitment to zero-emission new cars by the mid-2030s. It comes as the boss of Stellantis — the giant behind 14 brands including Fiat, Peugeot, and Maserati — warned that unreachable EU CO2 targets could force plant closures. Europe chief Jean-Philippe Imparato said the Franco-Italian group faces fines of up to €2.5 billion within 'two-three years' if it fails to meet emissions rules. Without a regulatory rethink by year-end, 'we will have to make tough decisions,' he told a conference in Rome. 'I have two solutions: either I push like hell (on electric)… or I close down ICE (internal combustion engine vehicles). And therefore I close down factories,' he said, pointing to the risk for sites such as Stellantis' van plant in Atessa, Italy. The warning comes amid fresh turmoil for Stellantis, with its new CEO Antonio Filosa inheriting the fallout from Donald Trump's 25 per cent US import tariffs and a crisis at Maserati, which has seen sales plunge from 26,600 in 2023 to 11,300 last year. With EV targets biting, petrol and diesel models under threat, and luxury brands cancelling investments — including Maserati's £1.3bn electric MC20 Folgore — Europe's car bosses are sending a clear signal to Brussels: ease off, or risk slamming the brakes on the continent's auto industry.