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UK’s shift to eating in drives profit growth for Premier Foods and Princes Group

Bermuda Broadcasting Newsdesk -
The trend for eating in to save money particularly benefited categories including cooking sauces, pasta, canned goods and meal solutions International News via Reuters: A shift...
News - World

UK economy posts strong Q1, but Iran war casts shadow over outlook

Bermuda Broadcasting Newsdesk -
Gross domestic product increased by 0.3% month-on-month in March, the Office for National Statistics (ONS) said, against expectations in a Reuters poll of economists...
Finance

Dollar lifted by growing odds of Fed rate hikes; Trump-Xi summit under way

Bermuda Broadcasting Newsdesk -
Xi told Trump that trade talks were making progress but warned that disagreement over Taiwan could send relations down a dangerous path, framing a...
News - World

UK regulator to toughen private credit reporting, sources say 

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority has told alternative asset managers, a sector that includes private credit and equity, about an overhaul of reporting requirements, the...
News - World

Global oil shock from Iran war may require ECB hikes, Lane says

Bermuda Broadcasting Newsdesk -
Lane laid out the case for a well-telegraphed ECB rate hike in June, which some policymakers see as the first of several, despite an...
News - World

BoE’s Mann says sterling and gilt moves are key for her rate decisions

Bermuda Broadcasting Newsdesk -
British government 10-year gilt yields hit their highest since 2008 on Tuesday in response to pressure on Prime Minister Keir Starmer to resign from...
News - World

Cruise ship, carrying many Brits, stranded in France after stomach flu outbreak

Bermuda Broadcasting Newsdesk -
One of the ship's passengers, a 92-year old Briton,  had passed away on board due to a cardiac arrest during a stop in Brest,...
News - World

Humanoid to deploy up to 2,000 robots at Schaeffler plants

Bermuda Broadcasting Newsdesk -
The plan covers an estimated 1,000 to 2,000 robots across Schaeffler's global manufacturing sites by 2032, a Humanoid spokesperson said International News via Reuters: British technology...
Finance

UK stocks close higher as miners, banks rebound

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 0.58% higher, while the mid-cap FTSE 250 rose 0.28% International News via Reuters: UK stocks ended higher on Wednesday, recovering...
News - World

BoE to hold rates at 3.75% this year, but growing minority expect a hike: Reuters Poll

Bermuda Broadcasting Newsdesk -
Financial markets are more certain, pricing in two rises this year International News via Reuters: The Bank of England will hold borrowing costs at 3.75% this...
News - World

Apple criticises EU measures to help AI rivals access Google services

Bermuda Broadcasting Newsdesk -
Apple was responding to the European Commission's call last month for feedback on draft measures to help Google comply with the Digital Markets Act,...
News - World

UK police pull bodies of three women from sea at Brighton

Bermuda Broadcasting Newsdesk -
Local media reported that multiple emergency vehicles, lifeboats and a helicopter attended the scene on the seafront on the eastern side of the city...
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