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AXA sells UK bonds after tax U-turn, others still favour gilts

Bermuda Broadcasting Newsdesk -
Britain's government borrowing costs jumped on Friday as markets had expected an income-tax hike after a speech finance minister Rachel Reeves gave earlier in...
News - World

Canada’s Carney faces crucial vote on budget that could trigger election

Bermuda Broadcasting Newsdesk -
Carney's Liberals are a handful of seats short of a majority in the 343-seat House of Commons International News via Reuters: Canadian Prime Minister Mark Carney...
News - World

BBC ‘determined to fight’ Trump defamation claim

Bermuda Broadcasting Newsdesk -
Trump said on Friday he was likely to sue the British broadcaster this week for up to $5 billion after it spliced together separate...
Finance

UK life insurers show resilience in Bank of England stress test

Bermuda Broadcasting Newsdesk -
The test aims to assess firm resilience to severe but plausible events International News via Reuters: The Bank of England said on Monday that Britain's largest...
News - World

Trafigura’s $600 million nickel fraud trial starts in London

Bermuda Broadcasting Newsdesk -
Geneva-based Trafigura alleges that Gupta was the mastermind of a fraud it discovered in November 2022 International News via Reuters: Trafigura's $600 million case against Indian...
News - World

Japan seeks to calm escalating row with China over Taiwan

Bermuda Broadcasting Newsdesk -
The dispute erupted after Prime Minister Sanae Takaichi told Japanese lawmakers this month that a Chinese attack on Taiwan threatening Japan's survival could trigger...
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Polish PM says railway track blast was ‘unprecedented act of sabotage’

Bermuda Broadcasting Newsdesk -
The blast on the Warsaw-Lublin line follows a wave of arson, sabotage and cyberattacks that has hit Poland International News via Reuters: An explosion that damaged...
Finance

ECB’s Sleijpen: risks are balanced, policy is appropriate

Bermuda Broadcasting Newsdesk -
The ECB has left interest rates unchanged since June and markets expect no change even in December International News via Reuters: Risks surrounding the euro zone...
News - World

Landslides in Indonesia’s Central Java kill at least 18; dozens missing

Bermuda Broadcasting Newsdesk -
A landslide in the city of Cilacap last week buried a dozen houses in Cibeunying village International News via Reuters: Rain-triggered landslides in two regions in...
News - World

Novo Nordisk has stocked up for aggressive launch of Wegovy pill

Bermuda Broadcasting Newsdesk -
The drugmaker expects a decision on U.S. approval before the end of the year International News via Reuters: Novo Nordisk has more than enough of its...
Finance

Sterling finds its footing after last week’s ructions

Bermuda Broadcasting Newsdesk -
UK markets were roiled on Friday by reports Finance Minister Rachel Reeves has no plans to raise income tax rates in the budget International News...
News - World

Castle Water returns with improved bid for Thames Water, The Times reports

Bermuda Broadcasting Newsdesk -
Thames Water, which has 16 million customers, has been at the centre of an environmental scandal in Britain International News via Reuters: British utility Castle Water...
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