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Finance

UK’s FTSE 100 touches record high as cooling inflation fuels rate‑cut bets; BAE shines

Bermuda Broadcasting Newsdesk -
The blue-chip index FTSE 100 rose to an intraday record high, up 1% at 10,666.68 points as of 1105 GMT, while the FTSE 250...
Finance

Sterling steady, inflation figures reinforce near-term BoE cut bets

Bermuda Broadcasting Newsdesk -
Annual consumer prices rose 3% last month, slowing from 3.4% in December, according to official figures International News via Reuters: The pound was little changed against...
Finance

UK inflation hits lowest in nearly a year at 3.0%, strengthening bets on a BoE rate cut

Bermuda Broadcasting Newsdesk -
Consumer prices rose by 3.0% in annual terms in January, slowing sharply from a 3.4% increase in December as transport, food and non-alcoholic drink...
Finance

Sterling slides as UK wage growth cools and jobless rate rises

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.55% against the dollar at $1.3555, its lowest since February 6, having traded at $1.3613 before the figures were released International...
Finance

Big tech stocks lose billions as AI spending fears hit valuations

Bermuda Broadcasting Newsdesk -
Microsoft shares have fallen about 17% year-to-date on concerns over risks to its AI business and growing competition from Google's latest Gemini model and...
Finance

London stocks edge higher as financials bounce back

Bermuda Broadcasting Newsdesk -
The internationally-focused FTSE 100 edged up 0.41% to 10,488.79 points by 0925 GMT, while the domestically-focused FTSE 250 index climbed 0.36% to 23,513.26 points International...
Finance

Dollar flat after inflation data, yen set for strong weekly gain

Bermuda Broadcasting Newsdesk -
The euro was 0.07% lower at $1.1863 against the dollar, but was set to gain 0.4% this week International News via Reuters: The U.S. dollar was...
Finance

Global shares retreat from record ahead of US inflation data, tech worries simmer

Bermuda Broadcasting Newsdesk -
The MSCI all-country index slipped 0.2%, while Europe's STOXX 600 was flat in early trading International News via Reuters: Global shares retreated from record highs on...
Finance

Sterling nudges higher as economic data, political tensions dominate

Bermuda Broadcasting Newsdesk -
Sterling was last 0.1% higher against the dollar at $1.3639, with the greenback slightly weaker across the board International News via Reuters: The pound edged up...
Finance

Swiss central bank backs tougher banking regulations for Switzerland

Bermuda Broadcasting Newsdesk -
The Swiss government in June proposed measures to prevent future banking crises following the 2023 collapse of Credit Suisse, which could make UBS hold...
Finance

Stocks pause for breath as AI worries simmer; yen gallops higher

Bermuda Broadcasting Newsdesk -
The U.S. dollar fell for a fourth straight session and the yen extended its rally, in a potential shift in investor thinking since Sunday's...
Finance

Euro zone inflation to take hit from tariffs but rate cuts could offset, ECB economists find

Bermuda Broadcasting Newsdesk -
The U.S. imposed tariffs on most trading partners last year and ECB officials have been studying their likely impact, often coming to opposing conclusions...
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