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Finance

Finance

Sterling muscled toward two-month lows by robust dollar

Bermuda Broadcasting Newsdesk -
Oil prices jumped as much as 5% after Israel said it hit an Iranian petrochemical plant, along with strikes elsewhere on military targets, despite...
Finance

Stocks fall sharply as strong jobs data fuels rate hike bets; oil set for weekly gain

Bermuda Broadcasting Newsdesk -
Iran reaffirmed support for the Hezbollah militia and demanded Israel withdraw from southern Lebanon, complicating efforts to end the broader conflict between the U.S....
Finance

Bitcoin’s star fades, as investors flock to lustre of AI and megacap IPOs

Bermuda Broadcasting Newsdesk -
Its price has tumbled around 15% this week, the most since November 2022, when trading platform FTX imploded International News via Reuters: Bitcoin is heading for...
Finance

Stocks drop as US-Iran peace talks stall, AI rally cools

Bermuda Broadcasting Newsdesk -
The Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon on Thursday and Israel said it would not withdraw troops from the country, undermining...
Finance

Stocks struggle after Broadcom dive; oil eases off highs

Bermuda Broadcasting Newsdesk -
Europe's bourses got off to a steady start as both crude and bond yields dipped, but Wall Street futures were pointing lower again and...
Finance

UK equities slip as Middle East impasse drives oil higher

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.2% to 10,350.5 points by 1013 GMT, while the midcap FTSE 250 slipped 0.1% International News via Reuters: UK shares...
Finance

Sterling struggles for direction as Iran talks at impasse

Bermuda Broadcasting Newsdesk -
Talks to end the war remain at a stalemate, while hostilities flared again on Wednesday as an Iranian missile attack damaged Kuwait's airport and...
Finance

Dollar in tight range as traders eye Middle East peace talks

Bermuda Broadcasting Newsdesk -
An agreement between the U.S. and Iran to open the crucial strait would ease pressure on currencies of oil-importing countries such as Japan and...
Finance

European shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 index rose 0.7% to 625.34 points, while the technology sub-index gained 3.4%, making it the best-performing sector International News via Reuters: European...
Finance

UK’s FTSE 100 rises on mining boost; focus on Middle East peace moves

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.4% to 10,377.4 points by 1129 GMT, set to snap a three-day losing streak, if gains hold International News...
Finance

FTSE indexes kick off June on downbeat note, EasyJet jumps on takeover bid

Bermuda Broadcasting Newsdesk -
Middle East tensions push oil higher and hit markets International News via Reuters: The main UK indexes kicked off June on a sombre note on Monday,...
Finance

European shares hit one-week low as Middle East risks deepen

Bermuda Broadcasting Newsdesk -
Stoxx 600 falls 0.8% as crude rises and easyJet climbs International News via Reuters: European stocks fell on Monday as escalating tensions in the Middle East...
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