Bloomberg suspends its operation in Russia and Belarus

Bloomberg said on Monday it suspends its operation in Russia and Belarus over the situation in Ukraine.

It said that clients in these countries will be denied access to its financial products, including its news terminal and e-trade platforms.

According to the agency, the suspension will not apply to its website.

In early March, Bloomberg said it was suspending the work of its journalists in Russia after Russia had passed a law on criminal liability for false information about its armed forces.