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Suspects blame technical faults for Baltic Sea cable breaches

Bermuda Broadcasting Newsdesk -
NATO allies with forces stationed around the Baltic Sea went on high alert after the December 25 incident International News via Reuters: The captain of an...
News - World

Elon Musk’s xAI sues Apple and OpenAI over AI competition, App Store rankings

Bermuda Broadcasting Newsdesk -
Musk earlier this month had threatened to sue Cupertino, California-based Apple International News via Reuters: Billionaire entrepreneur Elon Musk’s artificial intelligence startup xAI sued Apple and...
News - World

Temu-owner PDD tops revenue estimates, competition squeezes margins

Bermuda Broadcasting Newsdesk -
The Chinese government has been seeking to boost domestic consumption to revive a sluggish economy that is navigating several pressures International News via Reuters: E-commerce company...
News - World

Exclusive-U.S. confirms nation’s first travel-associated human screwworm case connected to Central American outbreak

Bermuda Broadcasting Newsdesk -
The USDA has estimated a screwworm outbreak could cost the economy in Texas, the biggest U.S. cattle-producing state, about $1.8 billion in livestock deaths International...
News - World

Norway’s Northern Lights CCS project starts operations with first CO2 injected

Bermuda Broadcasting Newsdesk -
The CO2 is being stored in a reservoir 2,600 meters (8,530 ft) below the seabed, marking a major milestone for CCS International News via Reuters: The...
News - World

Competing battery technologies shape the EV industry

Bermuda Broadcasting Newsdesk -
China controls 85% of the global battery cell production, and 90% of processing of raw materials used in two lithium-ion variants that dominate today's...
Finance

European shares retreat after Powell rally, JDE Peet’s soars on buyout

Bermuda Broadcasting Newsdesk -
British stocks were closed for a public holiday International News via Reuters: European shares retreated on Monday, having come close to record highs in the previous...
Finance

Dollar struggles to recover from Powell’s dovish surprise

Bermuda Broadcasting Newsdesk -
The U.S currency added 0.1% to $1.1705 per euro, but remained within striking distance of Friday's low at $1.174225 International News via Reuters: The U.S. dollar...
Finance

Major brokerages pivot to Sept Fed rate cut on Powell’s labor warning

Bermuda Broadcasting Newsdesk -
Powell's remarks at the Jackson Hole symposium emphasized a change in the Fed's reaction function International News via Reuters: Major brokerages, including Barclays, BNP Paribas and...
News - World

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s for over $18 billion

Bermuda Broadcasting Newsdesk -
The merged company plans to separate its beverage and coffee units "as soon as practicable" International News via Reuters: Keurig Dr Pepper will buy Dutch coffee...
News - World

Vietnam braces for Typhoon Kajiki as it nears coast

Bermuda Broadcasting Newsdesk -
The storm is projected to move inland across Laos and northern Thailand International News via Reuters: Vietnam has shut down airports, closed schools, and begun mass...
Finance

Bank of England’s Bailey says UK has ‘acute challenge’ over weak growth

Bermuda Broadcasting Newsdesk -
Bailey said the central bank had turned its focus away from long-term trends in unemployment to looking at levels of labour force participation instead International...
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