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Finance

Finance

World markets rocket higher on optimism Iran war could end soon

Bermuda Broadcasting Newsdesk -
Europe's STOXX 600 jumped as much as 2.5% in early trade and was last up 2% - still on track for its biggest daily...
Finance

UK food inflation heading towards 10% due to Iran war, industry says

Bermuda Broadcasting Newsdesk -
The Food and Drink Federation (FDF) said food and non-alcoholic drink inflation, previously expected to ease to 3.2% by December 2026, would now climb...
Finance

UK’s main indexes head for biggest monthly drop since 2020 as Middle East conflict weighs

Bermuda Broadcasting Newsdesk -
Global equities bounced after the Wall Street Journal reported U.S. President Donald Trump told aides he would be willing to halt the military campaign...
Finance

European stocks gain on hopes for Iran de-escalation, oil set for record monthly rise

Bermuda Broadcasting Newsdesk -
Iran attacked a fully-loaded oil tanker off Dubai early on Tuesday after President Donald Trump warned the United States would obliterate Iran's energy plants...
Finance

UK’s FTSE 100 climbs on boost from mining and energy stocks

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.6% as of 0921 GMT, while the midcap FTSE 250 fell 0.5% International News via Reuters: London's FTSE 100 advanced...
Finance

Dollar rises on safe-haven demand, yen slides as Middle East risks mount

Bermuda Broadcasting Newsdesk -
The yen was particularly under pressure, falling in afternoon trading to its weakest since July 2024 and raising the possibility of currency market intervention...
Finance

Pound heads for biggest monthly loss against the safe-haven dollar since October

Bermuda Broadcasting Newsdesk -
Sterling has fallen by 1.5% in March, slightly more than in February, making this its worst monthly performance since last October International News via Reuters: The...
Finance

European shares fall on uncertainty over Mideast war

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 dropped 0.8% to 576.34 points by 0929 GMT, with most sectors in the red, while bourses in Frankfurt and Madrid...
Finance

UK’s main indexes drop 1% on Middle East uncertainty

Bermuda Broadcasting Newsdesk -
U.S. President Donald Trump said Iran was desperate to reach a deal to end nearly four weeks of fighting, contradicting Iran’s foreign minister International News...
Finance

Sterling falls for a third day as investors favour safe-haven dollars 

Bermuda Broadcasting Newsdesk -
Sterling, which has lost nearly 1% in value against the dollar this month, was last down 0.1% on the day at $1.336 International News via...
Finance

Stocks and bonds slide as Iran crisis drives oil above $105

Bermuda Broadcasting Newsdesk -
Conflicting signals over the scope of contact, plus reports of thousands of U.S. troops being sent to the region, snapped a three-day rebound in...
Finance

UK’s main indexes drop 1% on Middle East uncertainty

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 1.1% by 1013 GMT, snapping a two‑day winning streak, while the midcap FTSE 250 fell 1.2% International News via...
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