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Finance

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Global investment decline may worsen due to tariffs, UN trade agency warns

Bermuda Broadcasting Newsdesk -
Developed economies suffered a sharp drop in investment, with a 58% decrease in Europe International news via Reuters: Global foreign direct investment fell for the second...
Finance

HSBC names Asia veteran Christopher Chua global M&A head

Bermuda Broadcasting Newsdesk -
The bank's former global M&A head Kamal Jabre's left for U.S. rival JPMorgan International news via Reuters: Europe's biggest bank HSBC appointed Christopher Chua head of...
Finance

(VIDEO) Amazon’s corporate workforce may shrink as AI takes over routine tasks

Bermuda Broadcasting Newsdesk -
Teaser Paragraph here..., International news via Reuters: Rollout of generative AI and agents will reduce Amazon's total corporate workforce in the next few years, Andy Jassy,...
Finance

Iran will respond firmly if US becomes directly involved in Israeli strikes, says UN ambassador

Bermuda Broadcasting Newsdesk -
Teaser Paragraph here..., International news via Reuters: Iran has conveyed to Washington that it will respond firmly to the United States if it becomes directly involved...
Finance

Cash-strapped Vatican unveils fundraising video centred on Pope Leo

Bermuda Broadcasting Newsdesk -
It starts with footage of the white smoke that announced Leo's election on May 8 International news via Reuters: The Vatican on Wednesday unveiled a fundraising...
Finance

Analysis-US defence firms chase European military spending wave

Bermuda Broadcasting Newsdesk -
European rivals were bullish about their future growth prospects International news via Reuters: U.S. defence giants, backed by a strong Congressional delegation from Washington, used the...
Finance

UN trade agency says it faces ‘painful’ cuts as countries navigate tariffs

Bermuda Broadcasting Newsdesk -
The U.N. Secretariat is preparing to slash its $3.7 billion budget by 20% International news via Reuters: The United Nations trade and development agency, tasked with...
Finance

Switzerland sentences former Pictet employee for money laundering

Bermuda Broadcasting Newsdesk -
The payments were made between June 2010 and May 2013 from an offshore account International news via Reuters: The Swiss Attorney General's Office has handed a...
Finance

Boeing CEO cancels air show appearance visit after India crash

Bermuda Broadcasting Newsdesk -
Boeing shares were down Friday, falling 3.8%, while GE Aerospace was down 2.4% International news via Reuters: Boeing <BA.N> and GE Aerospace are scaling back their...
Finance

Tesco’s UK sales growth accelerates in ‘intensely competitive’ market

Bermuda Broadcasting Newsdesk -
Group sales were 16.4 billion pounds ($22.2 billion), up 4.6% on a like-for-like basis International news via Reuters: Tesco, Britain's biggest food retailer, reported a better-than-expected...
Finance

Spain’s Multiverse raises $217 million for compressing AI models

Bermuda Broadcasting Newsdesk -
The latest funding round makes Multiverse the largest Spanish AI startup International news via Reuters: Spanish AI firm Multiverse Computing said on Thursday it has raised...
Finance

EU plans energy saving measures for data centres

Bermuda Broadcasting Newsdesk -
Data centres account for 3% of EU electricity demand International news via Reuters: The European Union is preparing a package of measures to improve data centres'...
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