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Finance

Finance

Sterling hits 2-1/2-month low against dollar, edges down versus euro

Bermuda Broadcasting Newsdesk -
The dollar rose as the Iran conflict fuelled safe‑haven demand, and higher oil prices International News via Reuters: Sterling hit a 2‑1/2‑month low against the dollar...
Finance

Britain’s FTSE 100 ends at record high for third straight day; Barclays slides

Bermuda Broadcasting Newsdesk -
Shares of Barclays fell 4.2% and Jefferies dropped 10% after reports that they and other lenders face potential losses tied to the collapse of...
Finance

Britain’s FTSE 100 hits new peak on miners strength, on track for eighth monthly gain

Bermuda Broadcasting Newsdesk -
The blue‑chip FTSE 100 rose 0.5% to 10,900 points as of 1022 GMT, while the mid‑cap FTSE 250 was up 0.2%, less than 2%...
Finance

Sterling struggles after UK Labour Party suffers defeat in stronghold

Bermuda Broadcasting Newsdesk -
Sterling was heading for a second weekly decline, having lost 0.1% and on Friday stalled against both the dollar and the euro, which traded...
Finance

LSEG investors welcome $4.1 billion buyback, eye more share-boosting moves

Bermuda Broadcasting Newsdesk -
The buyback plan helped LSEG shares end the day up more than 9%, their highest since late January and almost erasing this month's AI-related...
Finance

World shares ease on concerns about tech valuations

Bermuda Broadcasting Newsdesk -
Shares on Wall Street and in Europe traded down as investors digested another blowout quarter from Nvidia, the world's most valuable company International News via...
Finance

LSEG plans $4.1 billion buyback amid investor pressure

Bermuda Broadcasting Newsdesk -
LSEG executives said the buyback was not a response to Elliott and the group had no plans for asset sales International News via Reuters: London Stock...
Finance

Sterling slips before key Manchester vote; rate outlook under scrutiny

Bermuda Broadcasting Newsdesk -
The currency traded 0.13% lower against the dollar at $1.3541 International News via Reuters: The British pound edged lower on Thursday ahead of a local election...
Finance

FTSE 100 hits new high as HSBC raises earnings target, AI fears ease

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 1% to 10,787.30 points as of 1103 GMT after being largely unchanged over the past two sessions, while...
Finance

Sterling edges up, rate divergence and market sentiment in focus

Bermuda Broadcasting Newsdesk -
The pound tends to behave as a risk-sensitive currency, with a strong correlation to global equities International News via Reuters: Sterling edged up against the dollar...
Finance

FTSE 100 dips amid tariff uncertainty and AI disruption concerns

Bermuda Broadcasting Newsdesk -
The blue-chip index was down 0.1% at 1140 GMT, while the domestically focused mid-cap FTSE 250 was up 0.07% International News via Reuters: The UK's FTSE...
Finance

Sterling lingers near one-month low ahead of BoE’s Bailey

Bermuda Broadcasting Newsdesk -
Sterling was trading at $1.3489 against the dollar, close to its lowest for a month International News via Reuters: The pound was little changed on Tuesday...
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