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Finance

Finance

Pound gains against dollar, euro as inflation data cements future rate hike bets

Bermuda Broadcasting Newsdesk -
Sterling was last up 0.1% at $1.339, holding near its highest level in about a month International News via Reuters: The pound rose slightly against both...
Finance

Stocks mostly rise as oil, US yields ease; euro edges up

Bermuda Broadcasting Newsdesk -
Investors are looking to corporate earnings for evidence that consumers and the broader economy remain resilient, but also that massive AI spending is paying...
Finance

FTSE 100 slips as banks weigh; defensive stocks limit decline

Bermuda Broadcasting Newsdesk -
he blue-chip FTSE 100 index fell 0.8% to 10,680.25 points by 1006 GMT International News via Reuters: The FTSE 100 declined on Tuesday, with banks dragging...
Finance

Sterling rises as strong labour market data reinforces rate hike bets 

Bermuda Broadcasting Newsdesk -
A preliminary measure of payrolled employees rose, the unemployment rate fell and average hourly earnings grew faster than expected in the three months to...
Finance

FTSE 100 slips as banks, miners drag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.9% to 10,787.93 points by 0958 GMT, after three consecutive sessions of gains International News via Reuters: London's FTSE 100 slipped...
Finance

Sterling hits 17-month high against euro

Bermuda Broadcasting Newsdesk -
The euro fell and the spread between French OAT bonds and safe-haven German Bunds widened by a few basis points after France was rocked...
Finance

UK’s FCA lifts bans on four former traders after benchmark-rigging convictions quashed

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority said it had lifted the bans on Colin Bermingham, Philippe Moryoussef, Jonathan Mathew and Christian Bittar, and had removed the...
Finance

UK stocks set for weekly gains as investors seek shelter in defensive sectors

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index edged 0.08% lower to 10,831.70 points by 10:12 GMT, but was on track for its best week since early...
Finance

Sterling set for third weekly rise against euro, hits 3-week high vs dollar

Bermuda Broadcasting Newsdesk -
The pound hit its highest level against the dollar in more than three weeks on Friday and was set to snap a four-week losing...
Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed up 0.7% at 10,724.86 points, while the midcap FTSE 250 edged up 0.1% International News via Reuters: UK stocks ended...
Finance

Stocks fall, dollar rallies as US inflation tops forecasts

Bermuda Broadcasting Newsdesk -
US Labor Department data showed the core consumer price index up 0.3% in September versus economist expectations for a rise of 0.2% International News via...
Finance

Stocks steady as chipmakers recover ahead of US inflation data

Bermuda Broadcasting Newsdesk -
Sentiment remained cautious, however, as oil prices rose following attacks on two vessels in the Strait of Hormuz and after Iranian officials told Reuters...
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