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Bank of England launches stress test of private equity and credit

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The central bank said the system-wide exploratory scenario will produce a final report in early 2027 and will focus on the impact on the...
News - World

EU launches antitrust probe into Meta over use of AI in WhatsApp

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The move, reported earlier by Reuters and the Financial Times, marks the latest action by European regulators against large technology firms International News via Reuters: Brussels...
Finance

Sterling steady after biggest daily jump since April

Bermuda Broadcasting Newsdesk -
The pound was last down less than 0.1% at $1.3348 after earlier touching its highest level in over five weeks at $1.33585 International News via...
News - World

Vatican commission votes against allowing women as Catholic deacons

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The commission, in a 7-1 vote, said historical research and theological investigation "excludes the possibility" of allowing women to serve as deacons at this...
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UK construction output plummets in November, business confidence erodes, PMI shows

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Residential construction activity was at its weakest since May 2020, when lockdowns during the COVID pandemic halted building work International News via Reuters: British construction activity...
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UK consumers face higher energy bills after regulator approves $37 billion grid upgrade

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The investment is higher than a provisional assessment by regulator Ofgem in July of 24 billion pounds and comes despite the British government's pledge...
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EU aims to improve defences against economic threats, such as China export curbs

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The plans mark the culmination of Europe's slow realisation that it must act fast and across sectors to end years-long dependency on single points...
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Spain keen to keep ECB board seat once De Guindos leaves, economy minister says

Bermuda Broadcasting Newsdesk -
Four of the six jobs on the ECB's executive board will become vacant by the end of 2027, beginning with Vice President Luis de Guindos,...
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Multilateralism works even as US, fossil fuel industry oppose climate action, UN chief says

Bermuda Broadcasting Newsdesk -
Brazil's COP30 presidency pushed through a compromise climate deal after over two weeks of negotiating that would boost finance for poor nations coping with...
News - World

Britain lifts blanket ban on Spanish pork imports, adopts regional controls

Bermuda Broadcasting Newsdesk -
The move aligns Britain with the European Union's regionalisation approach, which restricts trade only from outbreak zones International News via Reuters: Britain said on Wednesday it...
News - World

EU expected to delay announcement on car climate target, industry source says

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With the backing of Germany, European carmakers are lobbying Brussels for greater flexibility as they navigate the costly shift to electric International News via Reuters: It...
News - World

Spain plans wild boar cull to curb population after swine fever outbreak

Bermuda Broadcasting Newsdesk -
The outbreak was first detected last week in two wild boars in the Collserola mountain range outside Barcelona International News via Reuters: Spain's Catalonia region has...
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