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Finance

Sterling holds steady as dollar stays under pressure

Bermuda Broadcasting Newsdesk -
Sterling was last flat on the dollar at $1.3471 having gained 0.47% on Monday as the U.S. currency took a hit from investor concerns...
News - World

Volvo Cars pauses Novo battery project as partner search drags on

Bermuda Broadcasting Newsdesk -
The move comes as several battery projects in Europe have been cancelled or delayed over the past two years amid spiralling costs and slowing...
News - World

Oil dips as investors assess Iran supply, Venezuelan export resumption

Bermuda Broadcasting Newsdesk -
Brent crude futures lost 28 cents, or 0.44%, to $63.06 a barrel by 1402 GMT while U.S. West Texas Intermediate crude was at $58.78...
News - World

European commissioner says US military takeover of Greenland would be end of NATO

Bermuda Broadcasting Newsdesk -
Trump has said the United States must own Greenland, an autonomous part of the Kingdom of Denmark, to prevent Russia or China occupying the...
News - World

Google, Apple enter into multi-year AI deal for Gemini models

Bermuda Broadcasting Newsdesk -
The tie-up signals a strong vote of confidence in Google's AI technology, after its most recent version of Gemini launched to strong reviews, intensifying...
Finance

Wall Street wobbles, gold resurgent as Trump pursues central banker

Bermuda Broadcasting Newsdesk -
Powell delivered an unusually full-throated rejection of the Department of Justice's service of grand jury subpoenas International News via Reuters: Wall Street wobbled and the dollar...
News - World

Meta to exclude Italy from rival chatbot ban on WhatsApp

Bermuda Broadcasting Newsdesk -
The Italian watchdog AGCM last month ordered Meta to suspend its proposed ban while the watchdog investigates the company for suspected abuse of its...
News - World

Nigeria reopens some schools in the north, defying threats of kidnap

Bermuda Broadcasting Newsdesk -
The abductions last year had underlined the vulnerability of education facilities in a region plagued by criminal gangs and Islamist insurgents International News via Reuters: Schools...
News - World

Alphabet hits $4 trillion valuation as AI refocus lifts sentiment

Bermuda Broadcasting Newsdesk -
The tech giant on Wednesday surpassed Apple in market capitalization for the first time since 2019, becoming the second most valuable company in the...
Finance

Euro, Swiss franc rally with Fed independence back in spotlight

Bermuda Broadcasting Newsdesk -
Powell said the Department of Justice had served the Fed with grand jury subpoenas, threatening a criminal indictment related to his testimony before the...
News - World

Former UK government minister Zahawi defects to Reform from Conservatives

Bermuda Broadcasting Newsdesk -
Zahawi, who had a short spell in charge of the nation's finances under former prime minister Boris Johnson in 2022, becomes the latest in...
News - World

Swiss court keeps bar owner in custody after deadly fire, SRF reports

Bermuda Broadcasting Newsdesk -
Prosecutors for the Valais canton initially ordered the detention of Jacques Moretti on Friday after a lengthy hearing with him and his wife Jessica,...
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