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Sterling dips after data points to cooling UK labour market

Bermuda Broadcasting Newsdesk -
Sterling was last 0.1% lower against the dollar at $1.352, after rising to its highest level since May on Monday as traders reduced their...
News - World

Barclays names former Bank of America executive Joo as co-CEO of investment bank

Bermuda Broadcasting Newsdesk -
The British lender said on Monday that Joo, most recently co-head of global investment banking at Bank of America, will join in early 2027...
News - World

Nestle looks to develop new products to serve users of weight-loss drugs  

Bermuda Broadcasting Newsdesk -
The rapid adoption of drugs made by Novo Nordisk and Eli Lilly has fuelled investor concerns that appetite-suppressing medicines could permanently reduce demand for...
News - World

Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera

Bermuda Broadcasting Newsdesk -
Owners will receive an over-the-air radio software update via a prompt on the vehicle’s media screen when the update is available International News via Reuters: Chrysler-parent...
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Twelve killed and at least 10 injured in Polish bus crash in Hungary

Bermuda Broadcasting Newsdesk -
The bus, which also had two drivers on board, was returning to Poland from a shrine to the Virgin Mary at Medjugorje in southwestern...
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UK employers stuck in “low-hire, low-fire” mode, survey shows

Bermuda Broadcasting Newsdesk -
The survey was published a day before official data is also expected to paint a weak picture of the labour market International News via Reuters: British...
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Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US fails

Bermuda Broadcasting Newsdesk -
Progress towards peace talks and a resumption of oil tanker traffic through the strategic Strait of Hormuz has ground to a halt International News via...
News - World

Trump says Iran should surrender, threatens to bomb Oman

Bermuda Broadcasting Newsdesk -
An interim deal agreed to in June declared an "immediate and permanent termination of military operations on all fronts", but quickly unraveled International News via...
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Rain aids fight against Belgium’s biggest wildfire, as blazes rip through Europe

Bermuda Broadcasting Newsdesk -
Wildfires have ripped through Europe this summer, with successive heatwaves fuelled by climate change intensifying drought and leaving vegetation tinder-dry International News via Reuters: Rain over...
News - World

Apple to change app data consent rules, German regulator says

Bermuda Broadcasting Newsdesk -
The Federal Cartel Office found that Apple's App Tracking Transparency framework gave its own apps more favourable consent prompts than those of third-party developers,...
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AI market correction is coming, ECB blog predicts

Bermuda Broadcasting Newsdesk -
Investors have been piling into technology stocks on bets that AI will fundamentally alter the global economy, and valuations for top tech companies are...
News - World

Search teams comb rubble in Colombia nearly a week after quake as aid effort expands

Bermuda Broadcasting Newsdesk -
The 7.4-magnitude quake struck Monday morning in San Jose del Palmar, causing severe damage from the Pacific port of Buenaventura to Colombia's coffee-growing region...
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