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Finance

Finance

Bank of England allots record 87.15 billion pounds in short-term repo

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The central bank is using increasingly its short-term repo operations as a way to provide banks with reserves International News via Reuters: The Bank of England...
Finance

UK retail sales fall for 12th month in a row, CBI says

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The Confederation of British Industry's monthly gauge of how retail sales compared with a year earlier fell to -29 in September from -32 in...
Finance

Stocks dip as dollar rises after Fed’s Powell; Europe defence gains after Trump’s Ukraine comments

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While geopolitics have been a large driver for global markets this year, the focus for investors on Wednesday was firmly trained on the outlook...
Finance

Dollar edges up after Powell reiterates caution over further easing

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The euro, meanwhile, remained largely unchanged by data that showed German business morale fell unexpectedly in September International News via Reuters: The U.S. dollar edged higher...
Finance

ECB’s Cipollone eyes 2029 for digital euro launch

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Cipollone said the European Parliament, the European Council and the executive European Commission may have their respective positions ready by May International News via Reuters: The...
Finance

UK firms lose momentum as they worry about new tax hikes, PMI shows

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The PMI's measure of business optimism about the coming 12 months slipped to its lowest since June International News via Reuters: British firms have reported a...
Finance

Sterling dips after gloomy PMI surveys

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S&P Global's preliminary UK Composite Purchasing Managers' Index, covering the services and manufacturing sectors, slowed to 51.0 in September from 53.5 in August International News...
Finance

European shares gain as wind energy stocks rise, tech rebounds

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 was up 0.5% at 556.3 points by 0848 GMT, with most regional bourses also moving higher International News via Reuters: European shares...
Finance

London stocks edge lower as sterling climbs, automakers slip

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The benchmark FTSE 100 was down 0.11% at 1006 GMT, while the domestically-focused FTSE 250 fell 0.12% International News via Reuters: London stocks edged lower on...
Finance

Hedge funds pile into banks, insurance, consumer finance, Goldman Sachs says

Bermuda Broadcasting Newsdesk -
An index of European banks has risen over 40% so far this year, while U.S. banks have advanced just over 20% International News via Reuters: Hedge...
Finance

Sterling rises versus dollar, but fiscal concerns still in focus

Bermuda Broadcasting Newsdesk -
The dollar edged down as investors await speeches from Federal Reserve officials throughout the week that could provide further clues on the U.S. rate...
Finance

EU ministers seek agreement on digital euro to be independent of Visa and Mastercard

Bermuda Broadcasting Newsdesk -
Discussions on creating a digital equivalent of the euro currency, now used in 20 European countries, have been going on for six years International News...
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