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Finance

Finance

British homebuilder shares hit seven-month high ahead of spending review

Bermuda Broadcasting Newsdesk -
An index tracking British homebuilder shares was last up 2.36% at its highest since November International news via Reuters: British homebuilder shares rose sharply on Wednesday,...
Finance

(VIDEO) OpenAI’s annualized revenue hits $10 billion, up from $5.5 billion in December 2024

Bermuda Broadcasting Newsdesk -
OpenAI said in March it would raise up to $40 billion in a new funding round International news via Reuters: OpenAI said on Monday that its...
Finance

Britain to invest 14.2 billion pounds in Sizewell C nuclear project

Bermuda Broadcasting Newsdesk -
The Sizewell C plant is expected to create around 10,000 jobs during the peak of construction Sizewell B nuclear power station in Suffolk, southeast England,...
Finance

EU will propose more flexibility for defence procurement, commissioner says

Bermuda Broadcasting Newsdesk -
The European defence industry raised concerns about EU red tape and delays in accessing funds International news via Reuters: The European Commission will propose next week...
Finance

UK pay growth slows as jobless rate rises to highest since 2021

Bermuda Broadcasting Newsdesk -
Vacancies fell by 63,000 in the three months to May to 736,000 International news via Reuters: Pay growth in Britain slowed sharply and unemployment rose to...
Finance

Sterling weakens as soft labour market data supports UK rate cut bets

Bermuda Broadcasting Newsdesk -
The pound was last down 0.5% against the dollar at $1.3488 International news via Reuters: The British pound fell against the dollar and the euro on...
Finance

(VIDEO) 46-day cyberattack pause, M&S resumes online orders

Bermuda Broadcasting Newsdesk -
The group has said it will use the crisis to accelerate improvements to its technology International news via Reuters: British retailer Marks & Spencer resumed taking...
Education

‘Heart of the Sea’ documentary makes waves at international film festivals

Jasmine Patterson -
The short documentary won eight accolades across international film festivals including the Humanitarian Award of Distinction at the Best Shorts Competition A new documentary which...
Finance

Dollar dips after jobs-fueled rally; US-China talks in focus

Bermuda Broadcasting Newsdesk -
Sterling also rose versus the greenback, adding 0.3% to $1.3558 International news via Reuters: The U.S. dollar slipped against most major currencies on Monday, as optimism...
Finance

L’Oreal to buy majority stake in British skincare brand Medik8

Bermuda Broadcasting Newsdesk -
The deal puts Medik8's enterprise value at around 1 billion euros International news via Reuters: L'Oreal has agreed to acquire a majority stake in British skincare...
Finance

Low turnout set to thwart moves to ease Italian citizenship rules

Bermuda Broadcasting Newsdesk -
Italy's declining birthrates mean it needs to attract more foreigners to boost their economy International news via Reuters: Voting resumed on Monday for Italy's two-day referendum...
Finance

(VIDEO) France approaches Renault on drone production, Renault says

Bermuda Broadcasting Newsdesk -
Drones have played a significant role in Ukraine’s defence since Russia's invasion of the country International news via Reuters: France's defence ministry has approached Renault with...
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