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UK

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UK businesses breathe sigh of relief after Reeves’ budget, PMIs show

Bermuda Broadcasting Newsdesk -
The S&P Global Purchasing Managers' Index rose to 52.1 in its preliminary measure for December from 51.2 in November International News via Reuters: British businesses appear...
News - World

Exclusive-Britain examines revamp of capital rules for likes of Citadel Securities and XTX

Bermuda Broadcasting Newsdesk -
Electronic market-makers have flourished in the past decade, using algorithms and computing power to deliver faster pricing to capture rising trading volumes across assets International...
News - World

BBC says it will fight Trump lawsuit over edited speech

Bermuda Broadcasting Newsdesk -
Britain's British Broadcasting Corporation said on Tuesday it will fight a lawsuit filed by U.S. President Donald Trump over edited clips of a speech International...
Finance

UK’s FTSE 100 falls as oil, defence stocks weigh; domestic unemployment climbs

Bermuda Broadcasting Newsdesk -
The UK's blue-chip FTSE 100 fell 0.3% by 1022 GMT after closing 1% higher in the previous session, while the midcap FTSE 250 index...
News - World

UK military chief urges Britain to better prepare for Russia threat

Bermuda Broadcasting Newsdesk -
Europe is trying to fill a hole left by President Donald Trump's demand for the continent to take over the majority of NATO's conventional...
Finance

London stocks climb as investors bet on BoE rate cut

Bermuda Broadcasting Newsdesk -
The UK's blue-chip FTSE 100 jumped 0.9% by 10:26 GMT, while the midcap FTSE 250 index added 0.66% International News via Reuters: UK stocks edged higher...
News - World

UK’s Aberdeen to acquire $2 billion of US closed-end assets

Bermuda Broadcasting Newsdesk -
The deal marks Aberdeen's tenth acquisition of U.S. closed-end funds since 2000, and the firm said it was well-placed to further consolidate the sector...
News - World

UK’s Card Factory warns on profit as weak sales dim holiday outlook

Bermuda Broadcasting Newsdesk -
The seller of soft toys, gifts, Christmas cards and decorations said weak consumer sentiment in recent months had hit shopping behaviour and hurt high...
News - World

UK public inflation expectations ticked lower in November, BoE says

Bermuda Broadcasting Newsdesk -
The public's median expectation for the rate of inflation in the year ahead fell to 3.5% from 3.6% in August, according to the quarterly...
News - World

UK’s WH Smith delays results again over audit review

Bermuda Broadcasting Newsdesk -
Having already postponed once in October, the company had been due to release results for the year ended August 31 on December 16 International News...
News - World

Microsoft fights $2.8 billion UK lawsuit over cloud computing licences

Bermuda Broadcasting Newsdesk -
Regulators in Britain, Europe and the United States have separately begun examining Microsoft and others' practices in relation to cloud computing International News via Reuters: Microsoft...
Finance

FTSE 100 gains after Fed’s softer tone; eyes on GDP data

Bermuda Broadcasting Newsdesk -
The Fed lowered rates by an expected 25 basis points in a divided vote on Wednesday, but signalled interest rates are unlikely to fall...
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