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Finance

Finance

US and China reach deal to slash tariffs, lifting dollar

Bermuda Broadcasting Newsdesk -
The U.S. to cut extra tariffs imposed on Chinese imports in April this year to 30% from 145% International news via Reuters: The United States and...
Finance

Italy’s Moltiply sues Google in 3 billion euro lawsuit over market dominance

Bermuda Broadcasting Newsdesk -
An Italian spokesperson for Google declined to immediately comment International news via Reuters: Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking...
Finance

Expedia shares fall after soft US travel demand leads to revenue miss

Bermuda Broadcasting Newsdesk -
Expedia and the travel industry braces for a slowdown ahead of the peak summer season International news via Reuters: Shares of Expedia fell 9.2% before the...
Finance

UK needs to rebuild trading relationship with EU, BoE boss says

Bermuda Broadcasting Newsdesk -
The European Union is the United Kingdom's largest trading partner International news via Reuters: Britain needs to rebuild its trading relationship with the European Union, the...
Finance

EU sets out possible 95-billion-euro response to US tariffs

Bermuda Broadcasting Newsdesk -
The EU faces 25% U.S. import tariffs on its steel, aluminium and cars International news via Reuters: The European Commission on Thursday proposed countermeasures on up...
Finance

IMF says Nigeria repays $3.4 billion COVID-19 funding

Bermuda Broadcasting Newsdesk -
Nigeria last year spent $4.66 billion to service its foreign debt, $1.63 billion was to the IMF International news via Reuters: Nigeria has repaid $3.4 billion...
Finance

Maersk warns global container volumes could drop due to trade war

Bermuda Broadcasting Newsdesk -
Says the threat of a further escalation in the trade war will cast a shadow over the U.S. economy International news via Reuters: Shipping group Maersk...
Finance

Britain set to strike first deal to cut Trump tariffs

Bermuda Broadcasting Newsdesk -
The United States has been under pressure from investors to strike deals to de-escalate its tariffs International news via Reuters: The United States and Britain will...
Finance

At Kremlin talks, Putin and Xi cast themselves as defenders of world order

Bermuda Broadcasting Newsdesk -
China is Russia's biggest trading partner and has thrown Moscow an economic lifeline International news via Reuters: Russian President Vladimir Putin thanked Chinese President Xi Jinping...
Finance

Foreign workers a key driver of euro zone growth, say ECB economists

Bermuda Broadcasting Newsdesk -
Foreigners accounted for half of the bloc's labour force growth in the past three years International news via Reuters: Foreign workers accounted for much of the...
Finance

Saudi Arabia sits on fence over BRICS with eye on vital ties with US

Bermuda Broadcasting Newsdesk -
The Saudi partnership with the United States remains central to its security International news via Reuters: Saudi Arabia has held off formally joining the BRICS bloc...
Finance

Orsted cancels major UK wind project as economics worsen

Bermuda Broadcasting Newsdesk -
The Danish company's market value has fallen by around 80% from its 2021 peak International news via Reuters: Orsted will no longer build a major offshore...
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