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Former French President Sarkozy handed 5-year jail term in stunning downfall

Bermuda Broadcasting Newsdesk -
The sentence was harsher than many expected and marked a spectacular downfall for Sarkozy, who was president from 2007-2012 International News via Reuters: Former French president...
News - World

Starbucks to close stores, cut more jobs as CEO deepens restructuring

Bermuda Broadcasting Newsdesk -
In his first year on the job, Niccol has zeroed in on investing in Starbucks' stores to reduce service times and restore a coffee-house...
News - World

Turkish competition authority launches probe into Spotify

Bermuda Broadcasting Newsdesk -
The probe will examine whether Spotify favors certain rights holders in its algorithms, and whether its subscription pricing in Turkey is set at levels...
News - World

H&M targets Brazil and India as US, European spending slows

Bermuda Broadcasting Newsdesk -
The push into new territories is part of CEO Daniel Erver's strategy to revive performance and boost profitability of one of the world's largest...
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Ryanair CEO sees drone disruption as an irritant that won’t hit profits

Bermuda Broadcasting Newsdesk -
The Irish airline, Europe's largest by passenger numbers, had flights disrupted when Poland shot down several Russian drones earlier this month International News via Reuters: Drone...
Finance

Global debt hits record of nearly $338 trillion, says IIF

Bermuda Broadcasting Newsdesk -
The Institute of International Finance, a financial services trade group, said that global debt rose over $21 trillion in the first half of the...
News - World

Oil pulls back from seven-week high

Bermuda Broadcasting Newsdesk -
Both benchmarks gained 2.5% on Wednesday to reach their highest since August 1, driven by a surprise drop in U.S. weekly crude inventories International News...
News - World

UK seeks to block challenge to Palestine Action ban under anti-terrorism laws

Bermuda Broadcasting Newsdesk -
Palestine Action has increasingly targeted Israel-linked companies in Britain, often spraying red paint, blocking entrances or damaging equipment International News via Reuters: The British government on...
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US implements EU trade deal, 15% autos tariffs retroactive to Aug 1

Bermuda Broadcasting Newsdesk -
The deal was subsequently modified to make the duty rate retroactive to August 1, but European automakers have been waiting for weeks for the...
News - World

Airport runway close calls spur hopes for wider adoption of cockpit alert technology

Bermuda Broadcasting Newsdesk -
The technology known as SURF-A, or Surface-Alert, is the long-awaited addition to runway safety solutions that have been on the market for nearly two...
News - World

BYD outsells Tesla in EU for second month, Stellantis returns to sales growth

Bermuda Broadcasting Newsdesk -
Stellantis returned to sales growth in Europe for the first time in over a year, as the overall market expanded with a boost from...
Finance

Bank of England allots record 87.15 billion pounds in short-term repo

Bermuda Broadcasting Newsdesk -
The central bank is using increasingly its short-term repo operations as a way to provide banks with reserves International News via Reuters: The Bank of England...
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