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Finance

Finance

Stocks slip as Middle East truce doubts drive up oil

Bermuda Broadcasting Newsdesk -
Crucially, there was scant sign that the Strait of Hormuz was open in any meaningful way, with Iran flexing its control over the vital...
Finance

Dollar steadies but struggles to bounce back as fragile US-Iran ceasefire keeps markets wary

Bermuda Broadcasting Newsdesk -
The deal appeared to be on thin ice, as Israel continued its parallel war against the Iran-aligned militia Hezbollah in Lebanon, while Tehran accused...
Finance

Stocks surge, oil dives below $100 as Iran ceasefire sparks relief rally

Bermuda Broadcasting Newsdesk -
Trump announced the ceasefire less than two hours before his deadline for Iran to reopen the strait or face devastating attacks on its civilian...
Finance

Pound heads for biggest gain in three weeks after US/Iran ceasefire

Bermuda Broadcasting Newsdesk -
Sterling is just 0.4% below where it was prior to the start of the conflict in late February and was last up 1% on...
Finance

Kanye West refused entry to UK, Wireless Festival cancelled

Bermuda Broadcasting Newsdesk -
Organiser Festival Republic said his permission to enter and perform in Britain had been withdrawn on Tuesday and the three-day event had been cancelled...
Finance

UK stocks fall in broad-based declines as Trump’s Iran deadline looms

Bermuda Broadcasting Newsdesk -
Trump threatened that "a whole civilization will die tonight" as Iran showed no sign of accepting his ultimatum to open the Strait of Hormuz...
Finance

Sterling not far from early March levels against the euro

Bermuda Broadcasting Newsdesk -
Britain is highly exposed to energy imports and investors remain nervous about the country's fragile public finances International News via Reuters: Sterling edged higher on Tuesday...
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...
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