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UK unlocks $8.6 billion in trade and investment deals with Saudi Arabia

Bermuda Broadcasting Newsdesk -
The deal includes 5 billion pounds in export finance from UK Export Finance for projects in Saudi Arabia which will help British companies win...
News - World

New US strikes kill 14 alleged drug traffickers, Mexico leads rescue of survivor

Bermuda Broadcasting Newsdesk -
The strikes in the Pacific come against the backdrop of a U.S. military buildup in the Caribbean that includes guided-missile destroyers, F-35 fighter jets,...
News - World

Private lending to big companies showing signs of froth, executives say

Bermuda Broadcasting Newsdesk -
Concerns about weak lending standards in credit markets have resurfaced after the recent collapses of U.S. auto parts supplier First Brands and car dealership...
News - World

Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion

Bermuda Broadcasting Newsdesk -
The deal removes a major constraint on raising capital for OpenAI that has existed since 2019 International News via Reuters: Microsoft and OpenAI reached a deal...
News - World

Spain eyes revamp of 1882 law to allow prosecutors, not judges, lead criminal probes

Bermuda Broadcasting Newsdesk -
Spain's unique system whereby "investigating magistrates" lead criminal probes dates back to 1882 International News via Reuters: Spain's cabinet approved on Tuesday a bill to put...
News - World

Ten Hungarian and German tourists killed with pilot in Kenya plane crash

Bermuda Broadcasting Newsdesk -
The plane was travelling from the resort town of Diani on the Indian Ocean coast to Kenya's Maasai Mara reserve when it crashed at...
News - World

Cameroon opposition rejects Biya’s win, alleges fraud amid violent protests

Bermuda Broadcasting Newsdesk -
The central African nation's constitutional council on Monday declared Biya, 92, as the winner of the disputed vote with over 53% of the ballots International...
News - World

Major telcos urge EU’s von der Leyen to ease merger rules to boost investments

Bermuda Broadcasting Newsdesk -
The call by Deutsche Telekom, Orange, Telefonica, TIM, Vodafone, Nokia and Ericsson comes as the Commission is set to announce a legislative proposal to...
News - World

WMO says Hurricane Melissa will be Jamaica’s worst storm this century

Bermuda Broadcasting Newsdesk -
The World Meteorological Organization (WMO) said it expects a catastrophic situation in Jamaica on Tuesday as Hurricane Melissa makes landfall International News via Reuters: The World...
Finance

Britain’s FCA eases short selling rules for hedge funds

Bermuda Broadcasting Newsdesk -
Under the revised regime, the Financial Conduct Authority will only publish anonymised, aggregate net short positions, based on private notifications from market participants International News...
News - World

Kenya aviation authority says aircraft crashed with 12 people on board

Bermuda Broadcasting Newsdesk -
The aircraft was travelling from Diani to Kichwa Tembo, and government agencies are at the scene trying to establish the cause of the accident...
News - World

UK wealth fund must accept some failures as price of taking risks, say lawmakers

Bermuda Broadcasting Newsdesk -
The NWF was launched by Britain's Labour government last year to help spur the economy and unlock private support for projects International News via Reuters: Britain's...
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