VWD Shuts Down Commodities News; Taps Telerate Service

VENDOR STRATEGIES

Following the recent launch of Dow Jones Telerate's Dow Jones Commodities Service, it has emerged that German economic news agency Vereinigte Wirtschaftsdienste GMBH (VWD) will discontinue its own English language commodities news service next month. VWD will provide customers looking for an English language commodities news service with Telerate's new offering. Dow Jones & Co., which holds a one-third stake in VWD, plans to absorb some of VWD's commoditites news staff.

VWD declines to comment on

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