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Finance

Finance

EU targets Boeing, bourbon for potential tariffs on US goods

Bermuda Broadcasting Newsdesk -
EU members will need to approve the package before it is implemented, and there is no specific date set for a vote International News via...
Finance

Pound edges up ahead of US data and Bailey speech

Bermuda Broadcasting Newsdesk -
The pound is still up 7.6% against the dollar this year, but it has lost over 5% in value against the euro International News via...
Finance

China steps in as US pulls back from diplomacy, report says

Bermuda Broadcasting Newsdesk -
The administration has also cut billions of dollars in foreign aid International News via Reuters: China is increasing its diplomatic reach as President Donald Trump's administration...
Finance

Swiss zero rate squeeze on banks may lead to bumpy ride for borrowers

Bermuda Broadcasting Newsdesk -
The Swiss National Bank's June decision to cut its benchmark rate to zero took the country's borrowing costs to the lowest level among major...
Finance

World stocks slip as US tariff threats heat-up

Bermuda Broadcasting Newsdesk -
The EU said it would extend a suspension of countermeasures to U.S. tariffs until early August International News via Reuters: World shares ticked lower on Monday,...
Finance

Dollar a touch higher, currency reaction muted as Trump’s deals 30% tariff threat to EU and Mexico

Bermuda Broadcasting Newsdesk -
More significant moves were seen in cryptocurrencies International News via Reuters: The euro briefly hit a three-week low on Monday before partially recovering, while the dollar...
Finance

EU, South Korea seek US trade deals to soften tariff blow

Bermuda Broadcasting Newsdesk -
The EU has so far held off on retaliatory measures to avoid a spiralling tit-for-tat escalation International News via Reuters: The European Union and South Korea...
Finance

UK economy shrinks again in May, raising new worries over outlook

Bermuda Broadcasting Newsdesk -
Gross domestic product shrank by 0.1% after a 0.3% drop in April, the Office for National Statistics said. International News via Reuters: Britain's economy contracted unexpectedly...
Finance

European securities regulator warns about crypto firms misleading customers

Bermuda Broadcasting Newsdesk -
ESMA said that crypto companies should not use their regulatory status as a "promotional tool" International News via Reuters: Europe's securities regulator warned crypto companies on...
Finance

Sterling slips as weak growth data fuels rate cut expectations

Bermuda Broadcasting Newsdesk -
The pound weakened 0.26% to $1.354, while against the euro it slipped 0.2% to 86.35 pence International News via Reuters: Sterling slipped on Friday and was...
Finance

Stocks fall, gold gains after Trump sets tariff sights on Canada

Bermuda Broadcasting Newsdesk -
The dollar rose 0.3% against the Canadian dollar to C$1.3695 International News via Reuters: Global stocks fell on Friday after U.S. President Donald Trump ramped up...
Finance

Nvidia becomes first company to hit $4 trillion in market value

Bermuda Broadcasting Newsdesk -
Shares of the leading chip designer were last up 2%, at $163, after reaching an all-time high of $164 International News via Reuters: Nvidia notched a...
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