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Finance

Finance

Sterling eases as Starmer replacement awaited, business activity contracts

Bermuda Broadcasting Newsdesk -
Starmer's decision to quit paves the way for an orderly transition of power, with Andy Burnham, the new member of parliament for Makerfield, his...
Finance

Britain’s pound weighed down, Starmer resignation clouds fiscal outlook

Bermuda Broadcasting Newsdesk -
Starmer, who has been in the job less than two years after his Labour party won a landslide election victory, said nominations for anyone...
Finance

Stocks dip after US-Iran peace talks delay; yen nears 40-year lows 

Bermuda Broadcasting Newsdesk -
The MSCI All-World index was down 0.14%, flipping into negative territory after U.S. Vice President JD Vance pulled out of a planned trip to...
Finance

London’s FTSE 100 falls 1% as miners and tech weigh; BoE holds rates

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1% lower at 10,399.70 points, while the midcap FTSE 250 eased 0.1% International News via Reuters: Britain's FTSE 100 fell...
Finance

UK stocks decline before Bank of England rate decision

Bermuda Broadcasting Newsdesk -
The BoE is widely expected to hold rates at 3.75% later this morning, after the U.S. Federal Reserve kept rates unchanged on Wednesday International News...
Finance

Stocks, dollar edge up ahead of Warsh debut; oil higher after recent losses

Bermuda Broadcasting Newsdesk -
Committee members' projections in March showed most expected to cut rates International News via Reuters: Major stock indexes and the U.S. dollar edged up on Wednesday...
Finance

London’s main indexes gain on miners boost ahead of Fed, BoE decisions

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 closed up 0.14% at 10,508.61 points, while the midcap FTSE 250 added 0.16% International News via Reuters: Britain's FTSE indexes closed higher...
Finance

UK stocks edge lower as investors assess inflation before BoE decision

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.14% to 10,479.77 points by 0936 GMT, while the midcap FTSE 250 slipped 0.4% International News via Reuters: UK stocks...
Finance

Oil drops to fresh three-month low as markets weigh US-Iran peace deal

Bermuda Broadcasting Newsdesk -
Brent crude futures were down $1.70, or 2%, at $81.47 a barrel, by 1034 GMT International News via Reuters: Oil prices slid to fresh three-month lows...
Finance

Dollar drifts, no respite for yen after BOJ hikes rates as expected

Bermuda Broadcasting Newsdesk -
U.S. President Donald Trump said on Monday that a preliminary agreement to end the war in the Middle East had been signed by the...
Finance

UK stocks edge higher as US-Iran peace deal boosts sentiment

Bermuda Broadcasting Newsdesk -
Brent Crude prices fell nearly 5% after officials from Washington and Tehran said they had reached an agreement to end the three-month-long conflict, which...
Finance

Sterling nudges higher as US and Iran agree on preliminary deal

Bermuda Broadcasting Newsdesk -
Precise terms were not immediately known, and questions remained about the fate of Tehran's nuclear program, which has been a key issue in negotiations International...
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