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Finance

Finance

Euro zone growth slows to nine-month low on surging costs, PMI shows

Bermuda Broadcasting Newsdesk -
The S&P Global euro zone Composite Purchasing Managers' Index fell to 50.7 in March from 51.9 in February, but was slightly higher than a...
Finance

Dollar falls as traders weigh escalating Iran war against ceasefire hopes

Bermuda Broadcasting Newsdesk -
The euro was at $1.1563, while sterling last fetched $1.326 International News via Reuters: The U.S. dollar fell on Monday, while the yen flirted with the crucial...
Finance

Markets on edge as Trump threatens strikes on Iranian infrastructure

Bermuda Broadcasting Newsdesk -
Trump's repeated threats to destroy civilian infrastructure including power plants and bridges if the vital waterway is not open by Tuesday have put traders...
Finance

Global equity funds draw second weekly inflow amid war de-escalation hopes

Bermuda Broadcasting Newsdesk -
Global equity funds received inflows of roughly $40.14 billion for the prior week, LSEG Lipper data showed International News via Reuters: Investors bought global equity funds...
Finance

Oil resumes its climb, stocks tumble on Trump statements

Bermuda Broadcasting Newsdesk -
Brent crude surged more than 7% to around $110 a barrel after Trump said in a prime-time address on Wednesday that the U.S. would...
Finance

FTSE 100 closes higher after Britain’s move to hold talks on Strait of Hormuz

Bermuda Broadcasting Newsdesk -
British foreign minister Yvette Cooper will chair the virtual meeting of about 35 countries, including France, Germany, Italy, Canada and the United Arab Emirates...
Finance

Safe-haven bid pushes dollar higher as Trump talks tough on Iran

Bermuda Broadcasting Newsdesk -
Trump vowed more aggressive strikes on Iran in the next two to three weeks during his televised speech on Wednesday International News via Reuters: The dollar...
Finance

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows

Bermuda Broadcasting Newsdesk -
The BoE is keeping a close watch on companies' pricing plans as it tries to gauge how much of the spike in energy prices...
Finance

Sterling slides as Trump vows more strikes on Iran, driving up dollar

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.7% at $1.321, just a day after rising 0.6% on hopes that the war could soon be winding down International News...
Finance

Exclusive-Bank of England’s Bailey says investors should not count on UK rate hikes

Bermuda Broadcasting Newsdesk -
Bailey, speaking to Reuters at the central bank's London headquarters, said BoE policymakers would need to keep a clear focus on risks to growth...
Finance

Dollar lower against yen and euro as Middle East ceasefire hopes rise

Bermuda Broadcasting Newsdesk -
President Donald Trump said in a Reuters interview that the U.S. will end its war on Iran fairly soon and could return for "spot...
Finance

UK equities climb 1% as Trump signals end to Iran war

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 1.6% at 1044 GMT, while the midcap FTSE 250 climbed 1.8% International News via Reuters: London's main indexes climbed on Wednesday...
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