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Sterling pinned at one-month lows as oil stays high, Fed rate hike expected 

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Sterling eased 0.2% to $1.347, hovering near its lowest since August 7 International News via Reuters: The pound was stuck at its lowest level in more...
News - World

UK watchdog says Co-op Group takeover of Southern Co-op may cut competition

Bermuda Broadcasting Newsdesk -
The companies operate food retail and convenience store networks across Britain, with overlapping operations in some areas International News via Reuters: Britain's competition watchdog on Tuesday...
News - World

Trust in measles vaccines falls in US, Reuters Ipsos poll finds

Bermuda Broadcasting Newsdesk -
Some 76% of Americans said they believe vaccines against measles, mumps and rubella are safe for kids, down from 84% in a May 2020...
Finance

London shares slip as higher oil prices lift bond yields; BoE in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.59% to 10,634.49 points by 1000 GMT, while the midcap FTSE 250 slipped 0.46% International News via Reuters: London shares...
News - World

Oil prices continue surge, rising 3% amid Saudi pipeline outage after attack

Bermuda Broadcasting Newsdesk -
Brent crude futures climbed $3.00, or 2.9%, to $107.61 per barrel by 1112 GMT, having earlier hit a session high of $108.65 International News via...
Finance

UK’s FTSE 100 rises as oil stocks gain; key announcements in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.55% to 10,708.76 points by 0959 GMT. The midcap FTSE 250 slipped 0.4% to 23,878.45, its lowest intraday...
News - World

Germany says halting AI development not viable, calls for US, China involvement

Bermuda Broadcasting Newsdesk -
The comments came after Anthropic Chief Executive Dario Amodei published an essay over the weekend calling on AI companies to slow the pace at...
News - World

ECB’s attention shifting to natural gas as prices soar

Bermuda Broadcasting Newsdesk -
The ECB raised some of its inflation projections last week when it lifted interest rates but oil and gas prices are already well above...
News - World

UK financial regulator seeks views on tokenising gold

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority said it will seek views on whether tokenising gold could boost efficiency and competitiveness, while maintaining market integrity and protecting...
News - World

King Charles to host AI executives as threat fears mount

Bermuda Broadcasting Newsdesk -
The debate about AI was thrust back into the spotlight when two Anthropic researchers issued warnings that the rapidly progressing technology could lead to...
News - World

Bank of England set to hold rates steady, slow QT

Bermuda Broadcasting Newsdesk -
Governor Andrew Bailey said last week the central bank had no "secret plan" to raise interest rates this year, unless the ongoing climb in...
Finance

Sterling hits one-month low as oil price jump boosts dollar

Bermuda Broadcasting Newsdesk -
Sterling fell to $1.3474, its lowest since August 7, and was last down 0.4% International News via Reuters: The pound fell to its lowest in more...
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