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Greece wins UK ruling on buyback of GDP-linked securities over creditor opposition

Bermuda Broadcasting Newsdesk -
Greece had told its investors that it wanted to repurchase all of the outstanding warrants due in 2042 for a call price of just...
Finance

Global stocks surge and oil slides on Iran peace deal report

Bermuda Broadcasting Newsdesk -
The report by news outlet Axios said the U.S. expected Iranian responses on several key points in the next 48 hours International News via Reuters: Stocks...
News - World

Chance of ECB rate hike has risen, board member Cipollone says

Bermuda Broadcasting Newsdesk -
Inflation hit 3% in April with further increases expected, and policymakers said they may need to raise interest rates if longer term price expectations...
Finance

Pound gains from optimism over US-Iran deal, options suggest calm after local elections

Bermuda Broadcasting Newsdesk -
In Britain, key local elections take place on Thursday and Prime Minister Keir Starmer's Labour Party is bracing for big losses International News via Reuters: The...
News - World

EU urges US to restore trade deal tariffs as anniversary nears

Bermuda Broadcasting Newsdesk -
The Commission added that it would be beneficial if the main terms of that deal were in place ahead of its one-year anniversary at...
Finance

FTSE 100 slides as HSBC’s results, inflation fears dent sentiment

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 dropped 1.4% to 10,219.1 points at the close, clocking its biggest one-day drop since late March International News via Reuters: The UK's...
News - World

Nissan to cut 900 job cuts in Europe as part of global restructuring

Bermuda Broadcasting Newsdesk -
The job cuts will focus on white-collar and warehouse roles, a Nissan Europe spokesperson said, adding that the company's current European headcount stands at...
News - World

Top European tech CEOs call for easier AI rules

Bermuda Broadcasting Newsdesk -
The European Union resumes talks this month on streamlining the bloc's 2024 AI Act, with the European Commission, the bloc's executive arm, also due...
News - World

Vienna police brace for protests at Eurovision Song Contest final

Bermuda Broadcasting Newsdesk -
A celebration of pop music and high camp, the contest is taking place in particularly tense circumstances this year International News via Reuters: Vienna police expect...
News - World

Alphabet closes in on Nvidia’s spot as world’s biggest company

Bermuda Broadcasting Newsdesk -
The potential reshuffling would put the Google parent at the No.1 spot for the first time in more than a decade International News via Reuters: Alphabet...
News - World

US says Iran ceasefire holds despite exchange of fire; UAE under attack

Bermuda Broadcasting Newsdesk -
The U.S. military said it had destroyed six Iranian small boats, as well as cruise missiles and drones, after President Donald Trump sent the...
News - World

Human to human hantavirus transmission suspected on cruise but risk to public low, WHO says

Bermuda Broadcasting Newsdesk -
Human to human transmission is not common, and the U.N. health agency reiterated that the risk to the wider public was low from a...
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