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UK inflation hits lowest in nearly a year at 3.0%, strengthening bets on a BoE rate cut

Bermuda Broadcasting Newsdesk -
Consumer prices rose by 3.0% in annual terms in January, slowing sharply from a 3.4% increase in December as transport, food and non-alcoholic drink...
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ECB’s Cipollone says digital euro will protect European banks, card schemes

Bermuda Broadcasting Newsdesk -
As a currency managed directly by the ECB through accounts users will open with the central bank, the digital euro project has sparked fears...
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Warner Bros rejects revised Paramount bid, but remains open to a final offer

Bermuda Broadcasting Newsdesk -
Paramount informally broached an even higher per-share price of $31, Warner Bros said, apparently enticing the board to the table International News via Reuters: Warner Bros...
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French police arrest hard-left members over killing of far-right activist

Bermuda Broadcasting Newsdesk -
Quentin Deranque, 23, died on Saturday after he was beaten to death by hard-left activists outside a conference in Lyon given by Rima Hassan,...
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Peru ousts President Jeri because of China-linked secret meetings

Bermuda Broadcasting Newsdesk -
There were 75 lawmakers who voted in favor of removing Jeri, while 24 voted against and three abstained International News via Reuters: Peru's Congress ousted President...
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Bank ‘risk transfer’ boom needs close monitoring, Basel Committee warns

Bermuda Broadcasting Newsdesk -
These "synthetic risk transfers" (SRTs) involve a bank selling all or part of the credit risk of a group of assets to investors such...
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Oil prices slide 2% to two-week low on talk of progress in US-Iran talks

Bermuda Broadcasting Newsdesk -
Brent futures fell $1.41, or 2.1%, to $67.24 a barrel at 11:50 a.m. EST (1650 GMT), while U.S. West Texas Intermediate (WTI) crude fell...
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Qualcomm says UK lawsuit over smartphone chip royalties will be withdrawn

Bermuda Broadcasting Newsdesk -
The British consumers' association which goes by the name of Which? had brought the case on behalf of around 29 million people who bought...
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Sweden and others oppose calls to delay new EU carbon market

Bermuda Broadcasting Newsdesk -
The paper concerns the European Union's upcoming second carbon market, known as "ETS2", which from 2028 will impose a price on CO2 emissions produced...
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EU approves higher dose of Novo Nordisk’s Wegovy

Bermuda Broadcasting Newsdesk -
The decision follows a positive recommendation from the European Union's drug regulator in December for the drug's 7.2 milligram dose International News via Reuters: Novo Nordisk...
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Factbox-From Australia to Europe, countries move to curb children’s social media access

Bermuda Broadcasting Newsdesk -
The ban comes amid mounting concerns over the impact of social media on children's health and safety International News via Reuters: Australia in December became the...
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‘Global euro’ may have to come with some FX lift: Mike Dolan

Bermuda Broadcasting Newsdesk -
European Union leaders and finance chiefs this past week have launched another push to bolster the bloc's economic clout and reposition its defense International News...
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