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IMF urges more joint EU borrowing to pay for bloc’s public goods

Bermuda Broadcasting Newsdesk -
Joint borrowing by EU countries is a highly controversial topic International News via Reuters: The European Union should jointly borrow to pay for European public goods...
News - World

Meta to give teens’ parents more control after criticism over flirty AI chatbots

Bermuda Broadcasting Newsdesk -
Earlier this week, the company said its AI experiences for teens will be guided by the PG-13 movie rating system, as it looks to...
News - World

Madagascar coup leader Randrianirina sworn in as president

Bermuda Broadcasting Newsdesk -
Ex-leader Andry Rajoelina, whom lawmakers impeached after he fled abroad at the weekend, has condemned the takeover and refused to step down while in...
News - World

English winemakers hope for export boost as they toast warmest summer

Bermuda Broadcasting Newsdesk -
Days before pickers started to harvest this year's crop, sparkling wine from southern England beat French Champagne to win one of the industry's most...
Finance

Bank of England’s Pill supports more cautious pace of rate cuts

Bermuda Broadcasting Newsdesk -
The BoE is trying to gauge whether inflation pressures in Britain's economy are abating sufficiently for it to resume cutting borrowing costs International News via...
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Porsche names former McLaren boss as potential successor to CEO Blume

Bermuda Broadcasting Newsdesk -
Blume took the helm at Porsche 10 years ago but for the past three years has also been CEO of parent Volkswagen International News via...
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Britain’s Starmer calls for Israeli soccer fans to be allowed at Aston Villa match

Bermuda Broadcasting Newsdesk -
Aston Villa said travelling Maccabi fans - who were involved in violence a year ago in Amsterdam - would be barred from the Europa...
Finance

Pound struggles as investors flock to safe havens

Bermuda Broadcasting Newsdesk -
The pound fell 0.13% to $1.34225, though it was still headed for a weekly rise of 0.7% International News via Reuters: Sterling fell on Friday, as...
News - World

China expels two top generals from Communist Party in anti-corruption purge

Bermuda Broadcasting Newsdesk -
He Weidong, China's number two general, and Miao Hua, the Chinese army's top political officer, are the most senior military officials to be purged...
Finance

Global bank stocks slide as US credit risks spark reality check

Bermuda Broadcasting Newsdesk -
The banking sector's exposure in two recent U.S. auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank's...
News - World

Pension funds should join forces on UK investment, City of London chief says

Bermuda Broadcasting Newsdesk -
UK pension funds invest far less in private markets like infrastructure and private debt and equity than in countries such as Canada and Australia International...
News - World

Canada, Britain, eye EU reparations loan idea for Ukraine, Dombrovskis says

Bermuda Broadcasting Newsdesk -
Dombrovskis said he presented the idea of the EU loan, which could be up to 185 billion euros over two years, to G7 finance...
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