Media News

Distribution of Reuters news is suspended in Russia

March 9, 2022

Posted by Chris Roush

London Stock Exchange Group said it will suspend providing Russia of Reuters and other products containing news and commentary.

A Reuters story states, “A new Russian law makes it possible to jail journalists who intentionally spread what the Russian authorities describe as ‘fake news’ for up to 15 years. The law makes it illegal to report any event that could discredit the Russian military.

“‘To comply with the changes in Russian law, LSEG today announces it is suspending access to products in Russia that contain its news and commentary,’ LSEG said in a notice to customers.

“‘This will take effect from 1200 GMT Wednesday 9 March.’ It declined to elaborate.

“The exchange said it was also suspending all new sales of products and services in Russia, but data products will continue to be accessible by currently serviced customers.

“The LSE distributes news and commentary from Reuters as part of its products. Thomson Reuters, the parent of Reuters News, holds a minority stake in the LSE after the exchange bought data and analytics company Refinitiv from it.”

Read more here.

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