Tuesday, August 18, 2026
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Finance

Finance

World Bank sees resilient global growth in 2026 amid tariffs but fading dynamism

Bermuda Broadcasting Newsdesk -
The World Bank's semi-annual Global Economic Prospects report shows that global output growth will slow slightly to 2.6% this year from 2.7% in 2025...
Finance

London’s FTSE 100 flat as investors await US inflation data; oil stocks rise

Bermuda Broadcasting Newsdesk -
he blue-chip FTSE 100 was flat at 10,140.78 points as of 1006 GMT, following a record close in the prior session International News via Reuters: The...
Finance

Sterling holds steady as dollar stays under pressure

Bermuda Broadcasting Newsdesk -
Sterling was last flat on the dollar at $1.3471 having gained 0.47% on Monday as the U.S. currency took a hit from investor concerns...
Finance

Wall Street wobbles, gold resurgent as Trump pursues central banker

Bermuda Broadcasting Newsdesk -
Powell delivered an unusually full-throated rejection of the Department of Justice's service of grand jury subpoenas International News via Reuters: Wall Street wobbled and the dollar...
Finance

Euro, Swiss franc rally with Fed independence back in spotlight

Bermuda Broadcasting Newsdesk -
Powell said the Department of Justice had served the Fed with grand jury subpoenas, threatening a criminal indictment related to his testimony before the...
Finance

London’s FTSE 100 dips as sterling strengthens amid Trump-Powell tensions

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 was down 0.07% by 1032 GMT International News via Reuters: London's FTSE 100 fell on Monday as a stronger sterling pressured the...
Finance

Sterling rallies vs dollar, flat against euro as risk premium unwinds

Bermuda Broadcasting Newsdesk -
The greenback fell sharply as the unprecedented move raised concerns about the U.S. currency's safe-haven status International News via Reuters: Sterling rallied against the U.S. dollar...
Finance

Dollar gains against major currencies following U.S. jobs data

Bermuda Broadcasting Newsdesk -
Financial markets had been bracing for a probable Supreme Court decision that could strike down President Donald Trump's tariffs International News via Reuters: The dollar gained...
Finance

London stocks rise as Glencore jumps on Rio merger talks

Bermuda Broadcasting Newsdesk -
Glencore shares were up 10% and touched their highest since July 2024, while Rio fell 2.2% International News via Reuters: London stocks edged higher on Friday,...
Finance

Stocks edge down, yields rise ahead of US jobs report; defense shares gain

Bermuda Broadcasting Newsdesk -
An aerospace and defense index rose to an all-time high, with European defense shares also hitting a new high International News via Reuters: Major stock indexes...
Finance

Euro zone consumer inflation expectations hold steady

Bermuda Broadcasting Newsdesk -
Inflation has been hovering around 2% most of the past year and fresh data out on Wednesday put price growth right at 2% in...
Finance

Euro zone inflation eases to 2% before likely move below target in 2026

Bermuda Broadcasting Newsdesk -
Inflation in the currency bloc slowed to 2.0% in December from 2.1% a month earlier, in line with expectation for 2.0% in a Reuters...
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