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French winemakers fear Trump tariffs will hit sales in crucial US market

Bermuda Broadcasting Newsdesk -
Details of an EU-U.S. trade deal indicated wines and spirits will not be shielded from the baseline 15% rate applied to most European goods International...
News - World

UK competition watchdog begins probe into Getty Images-Shutterstock deal

Bermuda Broadcasting Newsdesk -
The Competition and Markets Authority said it set October 20 as the deadline for its phase 1 decision on the investigation International News via Reuters: Britain's...
News - World

Swiss bank Safra Sarasin fined 3.5 million francs in ‘Car Wash’ probe

Bermuda Broadcasting Newsdesk -
In a statement, the highest Swiss prosecutors' office said the bank had settled with Petrobras, a claimant in the case, for 16 million francs International...
News - World

European farmers facing higher costs after EU tariffs on Russian fertiliser imports

Bermuda Broadcasting Newsdesk -
Global fertiliser prices have been rising this year in part due to the additional levies introduced on July 1 on top of import tariffs International...
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Moody’s cuts Spirit Airlines’ credit rating further into junk territory

Bermuda Broadcasting Newsdesk -
In a report accompanying the downgrade on Friday, analysts from the ratings agency highlighted Dania Beach, Florida-based Spirit's "higher than expected cash burn" International News...
News - World

Dollar drops as Powell signals possible September rate cut

Bermuda Broadcasting Newsdesk -
The dollar index was last down 0.77% on the day at 97.85, after trading around 98.7 before Powell's comments International News via Reuters: The dollar fell...
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India’s top court revises stray dog policy after public outcry

Bermuda Broadcasting Newsdesk -
Many animal lovers took to the streets to protest against the order International News via Reuters: India's Supreme Court modified its order on stray dogs on Friday, directing...
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Oil prices set to end losing streak as Ukraine peace process stalls

Bermuda Broadcasting Newsdesk -
Oil prices were also supported by a larger than expected drawdown from U.S. crude stockpiles in the past week International News via Reuters: Oil prices were...
Finance

Strong market debuts raise questions over cautious IPO pricing by Wall St banks

Bermuda Broadcasting Newsdesk -
The 20 biggest U.S. IPOs this year — among them software maker Figma and stablecoin issuer Circle — averaged a first-day pop of 36% International...
News - World

No mohawks, ‘Edgar cuts’ allowed in El Salvador schools after military captain takes over education

Bermuda Broadcasting Newsdesk -
Local media showed videos of barber shops with lines out the door as students chopped off their locks International News via Reuters: Oscar Melara, the director...
Finance

Sterling on track for weekly fall, outlook clouded by fiscal risks

Bermuda Broadcasting Newsdesk -
It was on course for a 0.9% decline for the week International News via Reuters: Sterling steadied after dipping to a two-week low against the dollar...
Finance

UBS slashes euro zone corporate earnings outlook for 2025

Bermuda Broadcasting Newsdesk -
UBS, which had previously estimated flat growth for 2025, expects earnings to recover with a 5% growth in 2026 and a faster acceleration in...
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