AP names new markets reporter

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Associated Press business editor Hal Ritter sent out the following staff announcement on Friday:

Steve Rothwell, a former Bloomberg News reporter, joins us Monday as a markets reporter. Steve worked for Bloomberg in London for 12 years and covered most of the financial markets – from stocks and bonds to credit and currencies. He also covered European airlines and luxury carmakers. For us, he’ll have a lead role in writing our daily Wall Street story and also will do enterprise stories.

Steve grew up in the U.K. and is a graduate of the University of Warwick. He majored in German and business.

He started his career on the business side. His first job was account manager for the manufacturing company Zeppelin in Germany, and he joined Bloomberg in 2000 as an analyst covering the Eurobond market. He became a journalist at the start of 2004.

Steve has covered Europe’s debt crisis and is fluent in German, a couple pluses for us, even though he’ll be based in New York.

If you’re in New York, join me in welcoming Steve next week.