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Billionaire Ortega buys stake in UK’s PD Ports from Brookfield

Bermuda Broadcasting Newsdesk -
Brookfield will remain invested in the business as a long-term shareholder International News via Reuters: Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to...
News - World

UniCredit’s bid for Banco BPM halted again amid government row

Bermuda Broadcasting Newsdesk -
UniCredit CEO Andrea Orcel has repeatedly said he would not pursue the deal without complete clarity on the government conditions International News via Reuters: Italy's market...
News - World

Universal’s $775 million Downtown deal may hinder competition, EU regulators warn

Bermuda Broadcasting Newsdesk -
The European Commission set out its concerns on Tuesday as it opened an in-depth investigation into the deal International News via Reuters: Universal Music Group unit...
News - World

Microsoft knew of SharePoint server exploit but failed to effectively patch it

Bermuda Broadcasting Newsdesk -
It remains unclear who is behind the ongoing operation, which targeted around 100 organisations over the weekend International News via Reuters: A security patch released by...
News - World

German car parts maker Bosch to cut up to 1,100 jobs

Bermuda Broadcasting Newsdesk -
Bosch employs around 10,000 people in Reutlingen International News via Reuters: German car parts maker Bosch will cut up to 1,100 jobs by 2029 and restructure...
News - World

Coca-Cola to roll out US cane-sugar Coke; zero-calorie drinks, higher prices drive beat

Bermuda Broadcasting Newsdesk -
Coca-Cola is looking to use "the whole toolkit available of sweetening options" International News via Reuters: Coca-Cola on Tuesday laid out plans to launch a new...
News - World

WTO reverses parts of previous decision in EU-China intellectual property dispute

Bermuda Broadcasting Newsdesk -
The EU appealed the case at the Multi-Party Appeal Arbitration Arrangement International News via Reuters: World Trade Organization arbitrators on Monday reversed part of a previous...
News - World

Tourists and labourers seek respite as Greece and Balkans gripped by heatwave

Bermuda Broadcasting Newsdesk -
In recent years climate change has led to longer and more severe heatwaves, as well as destructive floods and wildfires International News via Reuters: Labourers were pausing outdoor...
News - World

US to leave UN cultural agency UNESCO again, New York Post reports

Bermuda Broadcasting Newsdesk -
Joe Biden reversed those decisions after taking office in 2021, returning the U.S. to UNESCO, the WHO and the climate agreement International News via Reuters: The...
Finance

UK equities mixed as investors assess corporate earnings, await key data

Bermuda Broadcasting Newsdesk -
The benchmark FTSE 100 was flat by 0944 GMT, after registering a record closing high on Monday International News via Reuters: London's main stock indexes were...
News - World

EU approves €403 million in funding for companies to boost medical device innovation

Bermuda Broadcasting Newsdesk -
The funding is expected to unlock an additional 826 million euros ($966 million) in private investments to the companies International News via Reuters: The European Commission...
Finance

Sterling holds on to gains, investors mull rise in borrowing

Bermuda Broadcasting Newsdesk -
Britain borrowed more than expected in June as high inflation added to the government's debt costs International News via Reuters: The pound steadied on Tuesday, consolidating...
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