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Finance

Finance

US court blocks most Trump tariffs, says president exceeded his authority

Bermuda Broadcasting Newsdesk -
Trump has promised Americans the tariffs would draw manufacturing jobs back to U.S. shores International news via Reuters: A U.S. trade court blocked most of President...
Finance

US ruling that Trump tariffs are unlawful stirs relief and uncertainty

Bermuda Broadcasting Newsdesk -
Another pause in Trump's stop-start trade policy could be helpful to opponents of his tariffs International news via Reuters: A U.S. trade court ruling that blocked...
Finance

Some UK pension funds told to merge into ‘megafunds’ by 2030

Bermuda Broadcasting Newsdesk -
Penalties applied to pension funds that don't meet the 25 billion pounds assets threshold by 2030 International news via Reuters: The UK government will tell some...
Finance

Britain sees 12% spike in fraud cases as banks battle $1.6 billion epidemic

Bermuda Broadcasting Newsdesk -
Britain has in recent years emerged as the global epicentre for scams and fraud Image text International news via Reuters: Britain's financial sector saw a record 3.31...
Finance

UK’s Thames Water fined $165 million over sewage and dividend breaches

Bermuda Broadcasting Newsdesk -
The company secured a 3 billion pound loan in February to stave off financial collapse International news via Reuters: Britain's Thames Water, on the brink of...
Finance

UN labour body cuts global job forecast amid economic slowdown

Bermuda Broadcasting Newsdesk -
Some 53 million jobs are projected to be created by the end of 2025 International news via Reuters: The United Nation's agency for labour on Wednesday...
Finance

Germany proposes rent control extension to dampen housing costs

Grae Minors -
Germany's property sector hit hard times in 2022, as higher interest rates made borrowing costly International news via Reuters: The German government on Wednesday proposed a...
Finance

UK grocery inflation hits highest level in 15 months, says Kantar

Bermuda Broadcasting Newsdesk -
Grocery sales over the four weeks, meanwhile, rose 4.4% year-on-year International news via Reuters: British grocery price inflation jumped to 4.1% for the four weeks to...
Finance

German consortium in talks to build AI data centre, Handelsblatt reports

Bermuda Broadcasting Newsdesk -
The European Commission plans to provide $20 billion in funding to construct AI data centres International news via Reuters: Germany's SAP, Deutsche Telekom, web hosting firm...
Finance

Italy’s business lobby urges EU to expedite trade deals beyond US

Bermuda Broadcasting Newsdesk -
Trump ratcheted up his trade war, announcing a 50% tariff on EU goods starting June 1 International news via Reuters: Italy's main business lobby Confindustria on...
Finance

KFC to invest $2 billion in UK and Ireland over five years

Bermuda Broadcasting Newsdesk -
466 million pounds will go towards opening the new outlets and upgrading 200 existing sites International news via Reuters: Yum Brands' KFC plans to invest 1.49...
Finance

Malaysia PM hails ‘significant’ engagement on Myanmar as Southeast Asian leaders meet

Bermuda Broadcasting Newsdesk -
Six Southeast Asian countries targeted by Washington face steep tariffs of up to 49% in July International news via Reuters: Malaysia's Prime Minister Anwar Ibrahim on...
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