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Finance

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'...
Finance

Wars now displace over 122 million people as aid funding falls, UN says

Bermuda Broadcasting Newsdesk -
There were over 2 million more people displaced globally by the end of April 2025 International news via Reuters: The number of people displaced by war...
Finance

UK economy shrinks by the most since 2023 as US tariffs hit

Bermuda Broadcasting Newsdesk -
BoE policymakers are expected to keep interest rates unchanged next week International news via Reuters: Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President...
Finance

Funding cuts could harm progress on child labour as world misses key target

Bermuda Broadcasting Newsdesk -
U.N. agencies expressed alarm about the impact of the Trump administrations' cuts International news via Reuters: The world has missed its target of eliminating child labour...
Finance

Health, defence and schools: UK’s Reeves sets out spending plans

Bermuda Broadcasting Newsdesk -
Dividing more than 2 trillion pounds ($2.7 trillion) of public spending on Wednesday International news via Reuters: British finance minister Rachel Reeves set out her plans...
Finance

Fulbright board resigns citing interference by Trump administration

Bermuda Broadcasting Newsdesk -
The State Department didn't immediately respond to Reuters' request for comment International news via Reuters: All members of the board that oversees the U.S. State Department's...
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