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Finance

Finance

Wall Street falls after US data, oil drops for fourth straight session

Bermuda Broadcasting Newsdesk -
U.S. services sector activity unexpectedly flatlined in July with little change in orders and a further weakening in employment International News via Reuters: Wall Street stock...
Finance

London stocks rise on strong earnings; eyes on upcoming BoE rate decision

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 0.3% as of 0935 GMT, while the domestically focused midcap FTSE 250 gained 0.6% International News via Reuters: British equities rose...
Finance

Sterling firms against dollar as markets look to BoE rate guidance

Bermuda Broadcasting Newsdesk -
The BoE is widely expected to cut its key interest rate to 4% from 4.25% on Thursday and to lower it once more before...
Finance

Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth

Bermuda Broadcasting Newsdesk -
The upsurge will be a relief to bankers who began the year with expectations the administration of U.S. President Donald Trump would lead to...
Finance

EU to suspend US tariff countermeasures for 6 months

Bermuda Broadcasting Newsdesk -
EU officials have said they expect more executive orders to follow soon International News via Reuters: The European Union will suspend its two packages of countermeasures...
Finance

Sterling advances against dollar, euro ahead of BoE policy announcement

Bermuda Broadcasting Newsdesk -
The pound was last at $1.3306 against the dollar, up 0.2% after a 0.6% gain on Friday International News via Reuters: The British pound climbed against...
Finance

Dollar advances against peers after strong GDP data and with Fed in focus

Bermuda Broadcasting Newsdesk -
The Fed is widely expected to leave interest rates unchanged International News via Reuters: The dollar advanced against major peers on Wednesday following better-than-expected U.S. GDP...
Finance

Dollar hits one-month high versus euro on trade deal optimism

Bermuda Broadcasting Newsdesk -
The dollar index rose 0.37% to 98.98, rising to its highest level since June 23 International News via Reuters: The dollar hit a one-month high versus...
Finance

Shares retreat slightly, euro dips as tariff costs counted

Bermuda Broadcasting Newsdesk -
The Fed is expected to keep interest rates steady pending more clarity on the impact of tariffs on inflation International News via Reuters: Wall Street indexes...
Finance

ECB to consider ‘climate factor’ when lending to banks

Bermuda Broadcasting Newsdesk -
The ECB regularly lends to banks on both shorter and longer durations against appropriate collateral International News via Reuters: The European Central Bank will add climate...
Finance

UK equities mixed as investors assess slew of corporate earnings, US-EU trade deal

Bermuda Broadcasting Newsdesk -
Healthcare stocks led the sectoral gains, up 1.8%, with AstraZeneca rising 2.8% after the drugmaker beat second-quarter revenue and profit expectations International News via Reuters: London's...
Finance

European stocks rise amid earnings flurry, investors asses US-EU trade deal

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 index gained 0.5% by 0815 GMT International News via Reuters: European equities edged higher on Tuesday, lifted by gains in EssilorLuxottica amid...
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