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Finance

Finance

Pound holds near three-year high on trade optimism

Bermuda Broadcasting Newsdesk -
Sterling was up 0.1% against at 84.2 pence per euro International news via Reuters: The British pound dipped slightly against the dollar but remained close to...
Finance

UK business downturn eases despite worsening factory woes, PMI shows

Bermuda Broadcasting Newsdesk -
Britain's economy expanded strongly in the first quarter of 2025 International news via Reuters: A downturn for British firms eased in May despite a darkening picture...
Finance

China opposes EU’s Russia-related sanctions on its firms, cites ‘double standards’

Bermuda Broadcasting Newsdesk -
The EU and Britain announced new sanctions against Russia that target some Chinese firms International news via Reuters: China is strongly dissatisfied and resolutely opposed to...
Finance

Britain’s M&S says cyberattack to cost $400 million

Bermuda Broadcasting Newsdesk -
Hack cost food retailer about 300 million pounds ($403 USD) in lost operating profit International news via Reuters: A "highly sophisticated and targeted" cyberattack will cost...
Finance

UK inflation jumps in April, raising prospect of BoE rate cut delay

Bermuda Broadcasting Newsdesk -
The BoE has predicted that inflation will hit 3.7% by September International news via Reuters: Britain suffered a bigger-than-expected inflation surge in April, prompting investors to...
Finance

OpenAI, Google, xAI battle for superstar AI talent, shelling out millions

Bermuda Broadcasting Newsdesk -
Google DeepMind has offered top researchers $20 million per year compensation packages International news via Reuters: The contest in Silicon Valley to dominate artificial intelligence is...
Finance

Barclays and HSBC clash over repealing Britain’s bank ring-fencing rules

Bermuda Broadcasting Newsdesk -
HSBC, Lloyds, NatWest and Santander UK said they supported scrapping bank ring-fencing International news via Reuters: Senior executives at two of Britain's banks disagreed over...
Finance

UK’s food sellers welcome EU deal but fishermen feel betrayed

Bermuda Broadcasting Newsdesk -
UK food and drink exports to Europe had fallen by a third since 2019 International news via Reuters: Britain's food sellers and producers, both large and...
Finance

IMF begins new review of war-torn Ukraine’s $15.5 billion loan

Bermuda Broadcasting Newsdesk -
Government officials said Ukraine's budget needs had been secured for 2025 International news via Reuters: An International Monetary Fund monitoring mission started a new review of...
Finance

Spain blocks more than 65,000 Airbnb holiday rental listings

Bermuda Broadcasting Newsdesk -
Housing has become a major issue in Spain as construction has failed to keep pace with demand  International news via Reuters: Spain has ordered Airbnb to...
Finance

World Health Organization looks ahead to life without the US

Bermuda Broadcasting Newsdesk -
China's contribution will rise from just over 15% to 20% International news via Reuters: Hundreds of World Health Organization officials will join donors and diplomats in...
Finance

Factbox-What’s in the UK-EU reset deal?

Bermuda Broadcasting Newsdesk -
The two sides will now explore Britain's participation in the EU's internal electricity market International news via Reuters: British Prime Minister Keir Starmer welcomed European Union...
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