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Nestle CEO axed after probe into complaints of favouritism, CFO says

Bermuda Broadcasting Newsdesk -
Freixe was fired due to an undisclosed relationship with a subordinate, exactly a year after he replaced Mark Schneider, plunging the Swiss food giant...
News - World

UN committee says Portugal kept information on lithium mine from public scrutiny

Bermuda Broadcasting Newsdesk -
In its findings the U.N. committee said that Portugal failed to respect citizens' rights to environmental information and to participation in the licensing process International...
News - World

Canadian PM says he spoke to Trump on Monday, had good conversation

Bermuda Broadcasting Newsdesk -
Carney, speaking to reporters ahead of a cabinet retreat in Toronto, also said a senior team of Canadian officials was in Washington for the...
Finance

BoE’s Bailey says markets have grasped message on less certain rate cuts

Bermuda Broadcasting Newsdesk -
Last month the Monetary Policy Committee voted by the narrowest of margins - 5 to 4 - to cut Bank Rate to 4% from...
Finance

Stocks rebound, but bond selloff keeps investors on edge

Bermuda Broadcasting Newsdesk -
Spot gold hit an all-time high of $3,557 as the rush out of long-term government debt, traditionally considered low-risk, sparked a hunt for alternative...
News - World

Afghan earthquake survivors hunt loved ones, pull planks from rubble for graves

Bermuda Broadcasting Newsdesk -
The shallow midnight tremor, Afghanistan's deadliest quake in years, killed more than 1,400 people and destroyed more than 5,000 houses International News via Reuters: Mir Salam...
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Britain’s JLR hit by cyber incident that disrupts production, sales

Bermuda Broadcasting Newsdesk -
The company, owned by India's Tata Motors, said it had not found any evidence at this stage that any customer data had been stolen...
News - World

UK’s M&G misses half-year profit expectations despite record inflows

Bermuda Broadcasting Newsdesk -
The company, currently implementing a turnaround strategy, took one-off charges in both its asset management and life insurance units, which masked the 5% growth...
News - World

New orders help lift UK services PMI by most since April 2024

Bermuda Broadcasting Newsdesk -
The S&P Global Purchasing Managers' Index for Britain's services sector rose to 54.2 in August from 51.8 in July, reaching its highest level since...
Finance

Sterling, yen slip as traders worry about fiscal, political uncertainties

Bermuda Broadcasting Newsdesk -
Traders have been selling long-dated government bonds in Europe and the U.S. since Tuesday as focus once again shifted to rising debt levels across...
News - World

Pope Leo, in climate push, to open Vatican-run ecological training centre

Bermuda Broadcasting Newsdesk -
The centre includes gardens, vocational training facilities, and educational opportunities for local children International News via Reuters: Pope Leo will open a new Vatican-run ecological training...
News - World

UK’s Reeves promises ‘tight grip’ on public finances at November 26 annual budget

Bermuda Broadcasting Newsdesk -
The government also wants to press on with measures to boost economic growth International News via Reuters: British finance minister Rachel Reeves said on Wednesday that...
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