Andrew Torchia - Profile and Journalist Details
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Andrew Torchia
Verified
Research Editor, Bloomberg L.P.
Beats
Content
By Andrew Torchia Verified| Firstpost Verified Business Reuters Jan 02, 2019 00:05:14 IST By Andrew TorchiaDUBAI (Reuters) - Dubai expects to almost halt the growth of state spending this year as revenues expand more slowly because of the emirate's efforts to stimulate business investment, according to the 2019 state budget released on Tuesday. State spending will total 56.8 billion dirhams ($15.5 billion), the plan showed.
By Andrew Torchia Verified| Reuters Verified * Dubai posts biggest rise since June 2017 * Local institutions buy real estate stocks * Dubai is world’s worst 2018 performer in local currency terms * Qatar, Kuwait, Saudi all beat emerging market index in 2018 * Oil is a worry but MSCI to bring fund inflows * By Andrew Torchia DUBAI, Dec 31 (Reuters) - Dubai’s beaten-down stock market rose sharply on Monday as the largest Gulf bourses ended a year in which most outperformed global benchmarks, although soft oil prices cloud the outlook for...
By Andrew Torchia Verified| Firstpost Verified Business Reuters Jan 02, 2019 00:05:14 IST By Andrew TorchiaDUBAI (Reuters) - Dubai expects to almost halt the growth of state spending this year as revenues expand more slowly because of the emirate's efforts to stimulate business investment, according to the 2019 state budget released on Tuesday. State spending will total 56.8 billion dirhams ($15.5 billion), the plan showed.
Company Info
Bloomberg L.P.
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
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Founded: 1981