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Finance

UK indexes climb as banks lead gains, oil prices retreat

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.73% to 10,737.66 points by 0932 GMT after declining almost 1.5% in the last session International News via Reuters: London shares climbed...
Finance

Pound dips as focus stays on interest rates

Bermuda Broadcasting Newsdesk -
Sterling fell 0.1% to $1.338. It was also down slightly against the euro, with the single currency up 0.1% at 85.78 pence International News via...
News - World

UK female workers still get lower bonuses than males, data firm says

Bermuda Broadcasting Newsdesk -
Payroll records for almost 1.5 million employees as of July this year showed male workers received average annual bonuses of £5,442 ($7,300) compared with...
Finance

London’s FTSE 100 retreats as financials weigh; Airtel Africa tumbles

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1.4% lower at 10,659.13 points, logging a small weekly gain International News via Reuters: London's FTSE 100 pulled back from...
News - World

London’s marine insurers widen Black Sea high risk zone as shipping attacks surge

Bermuda Broadcasting Newsdesk -
The Black Sea is a vital route for ‌shipments of grain, crude oil and refined products International News via Reuters: London's marine insurance market has widened...
Finance

US, UK companies cut FX hedges to lowest since 2024, survey shows

Bermuda Broadcasting Newsdesk -
The average hedge ratio fell from 57% to 46%, the lowest level since tracking began in the first quarter of 2024, when the survey...
Finance

Sterling ticks up after UK retail sales beat expectations

Bermuda Broadcasting Newsdesk -
Retail sales volumes rose 0.5% from July, beating economists' forecasts in a Reuters poll for a 0.2% fall International News via Reuters: The pound rose slightly...
Finance

London’s FTSE 100 retreats as banks, energy weigh but eyes weekly rise

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.6% to 10,751.57 points by 0953 GMT, poised for its biggest weekly jump since late July International News via...
News - World

UK silence over demand for Apple data access is farcical, lawyer says

Bermuda Broadcasting Newsdesk -
In January last year, Britain issued an order, known as a technical capability notice, for what is known as a back door to allow...
Finance

FTSE indexes gain after BoE holds rates steady, pauses gilt sales

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1.2% higher at 10,816.14 points, while the midcap FTSE 250 climbed 1.2% to 24,352.14 points International News via Reuters: The...
News - World

Bank of England shifts tone toward rate hikes as inflation set to top 4%

Bermuda Broadcasting Newsdesk -
The BoE's Monetary Policy Committee voted 6-3 to keep rates at 3.75%, in line with July's vote and matching economists' median forecast in a...
News - World

King Charles warns tech leaders of ‘existential dangers’ from AI

Bermuda Broadcasting Newsdesk -
In recent weeks, the debate has centred on whether the industry can and should regulate itself, drawing interventions from figures including Pope Leo, Charles...
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