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ECB’s Stournaras says euro zone monetary policy will depend on size of energy disruption

Bermuda Broadcasting Newsdesk -
If the energy price spike proves to be temporary, the need for a monetary policy adjustment will be limited ECB Governing Council member Stournaras...
Finance

Global equity funds draw second weekly inflow amid war de-escalation hopes

Bermuda Broadcasting Newsdesk -
Global equity funds received inflows of roughly $40.14 billion for the prior week, LSEG Lipper data showed International News via Reuters: Investors bought global equity funds...
News - World

US crude premiums climb to record levels as Asia, Europe compete for supply

Bermuda Broadcasting Newsdesk -
Europe is typically the largest importer of U.S. crude, but competition has escalated with Asian buyers scouring for supply from the Americas to Africa...
News - World

Leo, the first US pope, emerges as pointed Trump critic

Bermuda Broadcasting Newsdesk -
In recent weeks the pope has emerged as a sharp critic of the Iran war International News via Reuters: Pope Leo last May became the first...
Finance

Oil resumes its climb, stocks tumble on Trump statements

Bermuda Broadcasting Newsdesk -
Brent crude surged more than 7% to around $110 a barrel after Trump said in a prime-time address on Wednesday that the U.S. would...
Finance

FTSE 100 closes higher after Britain’s move to hold talks on Strait of Hormuz

Bermuda Broadcasting Newsdesk -
British foreign minister Yvette Cooper will chair the virtual meeting of about 35 countries, including France, Germany, Italy, Canada and the United Arab Emirates...
News - World

Lufthansa, Air France-KLM vie for minority stake in Portugal’s TAP

Bermuda Broadcasting Newsdesk -
Portugal re-launched the long-delayed privatisation of TAP in July, aiming to sell a 44.9% stake to a strategic airline partner able to expand the...
News - World

World anxious to open Hormuz Strait while Trump and Iran trade threats

Bermuda Broadcasting Newsdesk -
Trump said operations would be intensified and gave no timeline for ending hostilities, drawing threats of retaliation from Tehran and sending share prices lower International...
News - World

Britain agrees full text of US-UK pharmaceutical trade deal

Bermuda Broadcasting Newsdesk -
The agreement, reached as part of a wider U.S.-UK trade accord signed last year, commits Washington to a zero tariff on British pharmaceutical exports...
News - World

US crude jumps more than 11% after Trump vows more attacks on Iran

Bermuda Broadcasting Newsdesk -
Brent crude futures were up $6.34, or 6.3%, to $107.5 a barrel at 1610 GMT (12:10 a.m. ET) International News via Reuters: U.S. oil prices jumped...
Finance

Safe-haven bid pushes dollar higher as Trump talks tough on Iran

Bermuda Broadcasting Newsdesk -
Trump vowed more aggressive strikes on Iran in the next two to three weeks during his televised speech on Wednesday International News via Reuters: The dollar...
News - World

Storm batters Greece, killing one, flooding homes and disrupting travel

Bermuda Broadcasting Newsdesk -
Greek authorities have recovered the body of a man in the seaside holiday town of Nea Makri, 35 kilometres (21.75 miles) northeast of Athens,...
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