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Finance

Sterling hovers around two-month high as fiscal concerns ease

Bermuda Broadcasting Newsdesk -
Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among businesses International News via...
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Oil eases as traders weigh US-Iran conflict risks

Bermuda Broadcasting Newsdesk -
Brent crude futures were down 27 cents, or 0.32%, to $84.68 a barrel at 1011 GMT, while U.S. West Texas Intermediate futures were down...
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Britain nationalises British Steel to protect domestic steelmaking

Bermuda Broadcasting Newsdesk -
The move is the latest in a series of measures Britain has taken to support its steel industry, including a new set of tariffs...
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Google loses court fight against $854,250 Italian fine over gambling advertising

Bermuda Broadcasting Newsdesk -
Google had challenged the fine handed out by an Italian administrative court in 2022, prompting that court to seek guidance from the Luxembourg-based Court...
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BP proposes to close venturing arm, sell stakes in portfolio

Bermuda Broadcasting Newsdesk -
CEO Meg O'Neill, who started in the top job in April, said earlier this month that BP needs to prioritise financial discipline by simplifying...
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French parliament votes on landmark assisted dying bill

Bermuda Broadcasting Newsdesk -
The proposed legislation would, under strict conditions, allow a person who requests it to receive a lethal substance International News via Reuters: French lawmakers will vote...
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UK’s incoming prime minister Burnham to name Mahmood as finance minister, FT reports

Bermuda Broadcasting Newsdesk -
Mahmood has little economic policy experience and has taken a tough line on immigration, but she is further to the right in the governing...
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Atlanta police prepare for Argentina-England World Cup semi-final

Bermuda Broadcasting Newsdesk -
The Atlanta Police ​Department has said it will have enhanced security in place, proactive measures that were the result ⁠of continual security assessment International News...
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Apple chasing AI chip company deals, The Information reports

Bermuda Broadcasting Newsdesk -
Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI International News via Reuters: Apple is looking to...
News - World

Sheinbaum rejects DEA comments of “deadly connection” between her government and cartels

Bermuda Broadcasting Newsdesk -
Sheinbaum said the DEA should focus its efforts on combating drug trafficking, distribution, and money laundering within the United States, which she described as...
News - World

Incoming UK budget office head sees higher interest rates and weaker growth than consensus

Bermuda Broadcasting Newsdesk -
Britain's exposure to the jump in energy prices caused by the Iran war could cause high inflation to become embedded in the economy for...
News - World

Portugal says strategy, not just price, will decide TAP stake buyer

Bermuda Broadcasting Newsdesk -
Portugal relaunched TAP's long-delayed privatisation in July, aiming to sell a 44.9% stake to a strategic airline partner to strengthen its global reach and...
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