Bloomberg terminals hit by unprecedented global outage

Bloomberg terminals suffered an unprecedented global outage on Friday, disrupting trading from Hong Kong to London and paralysing investors for whom its screens have become the central nervous system of finance.

The UK Debt Management Office was forced to delay a planned £3bn Treasury Bills auction and some users’ distinctive black and orange screens went dark for six hours as Bloomberg raced to fix a combination of hardware and software failures that it said had “overwhelmed” its network.

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