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Finance

Finance

Stocks mixed, with oil prices higher as war uncertainty remains

Bermuda Broadcasting Newsdesk -
U.S. Treasury yields pushed higher and the dollar regained lost ground International News via Reuters: Major global stock indexes were mixed on Tuesday as oil prices...
Finance

UK watchdog fines Bank of London and parent $2.7 million

Bermuda Broadcasting Newsdesk -
The Prudential Regulation Authority fined the bank for "misleading the PRA over their capital positions, failing to act with integrity, failing to be open...
Finance

FTSE 100 declines as Iran war confusion dents risk appetite

Bermuda Broadcasting Newsdesk -
The blue‑chip FTSE 100, which had traded higher earlier in the session, was down 0.1% at a three‑month low, as of 1039 GMT International News...
Finance

UK retail sales tumble in March by most since 2020, CBI says

Bermuda Broadcasting Newsdesk -
The Confederation of British Industry's said its monthly gauge of retailers' annual change in sales volumes sank to -52 in March from an already...
Finance

Dollar falls as Trump pauses Iran strikes, cooling supply-shock fears

Bermuda Broadcasting Newsdesk -
Trump said he had asked the Department of Defense to postpone "any and all" military strikes against Iranian power plants and energy infrastructure for...
Finance

Sterling drops along with bonds as Iran war shakes UK markets

Bermuda Broadcasting Newsdesk -
British 10-year Gilt yields rose to 5.079%, their highest level since 2008, as markets braced for a response to a potential inflationary shock from...
Finance

British equities cap third losing week as Mideast war rages on

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 closed down 1.4%, while the mid-cap FTSE 250 was down 1% International News via Reuters: London's main indexes closed lower on Friday...
Finance

ECB, BoE could hike as soon as April on inflation pressures, brokerages say

Bermuda Broadcasting Newsdesk -
Both central banks kept borrowing costs unchanged on Thursday and signalled they were closely monitoring the impact of surging oil prices on growth and...
Finance

Europe shares set for third weekly loss as Mideast war grinds on

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 was flat at 583.70 by 1000 GMT, poised to log a 2% weekly decline and its longest losing streak since...
Finance

Dollar set for weekly fall as central banks turn hawkish

Bermuda Broadcasting Newsdesk -
Before the U.S.-Israeli war on Iran began at the end of February, investors expected two Fed cuts this year International News via Reuters: The dollar slipped...
Finance

UK’s FTSE 100 closes at 2-month low as investors weigh BoE rate decision and Iran war

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 finished at its lowest in about two months, down 2.4% International News via Reuters: London’s main indexes closed at multi-month lows on...
Finance

ECB expects rate hike talks in April with move more likely in June, sources say

Bermuda Broadcasting Newsdesk -
The ECB kept its key interest rate at 2% on Thursday and warned that the war in Iran was clouding the outlook for growth...
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