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Finance

Finance

Sterling shrugs off weaker UK business activity

Grae Minors -
Experts say that market sentiment towards U.S. assets remains fragile International news via Reuters: Sterling recovered from early losses against the dollar on Wednesday, brushing off...
Finance

Portugal asks EU to activate fiscal leeway for defence spending

Grae Minors -
Portugal spent 1.55% of GDP on defence last year, still well below NATO's official target of 2% International news via Reuters: Portugal will ask the European...
Finance

Britain posts much bigger budget deficit for 2024/25 than expected

Grae Minors -
Public sector net borrowing for the 2024/25 financial year was 151.9 billion pounds International news via Reuters: Britain's government borrowed almost 15 billion pounds more in...
Finance

German government forecasts economic stagnation in 2025

Grae Minors -
Germany was the only G7 economy that failed to grow for the last two years International news via Reuters: The German government cut its economic forecast...
Finance

Vance seeks closer US-India ties, warns of ‘dark time’ otherwise

Grae Minors -
Vance said he and India's Modi made good progress on trade talks International news via Reuters: The United States is looking to sell more energy and...
Finance

Roche to invest $50 billion in U.S. to avoid Trump tariffs, create 12,000 jobs

Grae Minors -
Roche aims to will more medicines from the United States than it imports into the U.S. International news via Reuters: Roche said on Tuesday it would...
Finance

‘For our country’: China’s patriots are buying the dip

Grae Minors -
Since the April 7 slump, Chinese ETFs have received more than 230 billion yuan of flows International news via Reuters: Cao Mingjie had never traded stocks...
Finance

Exclusive-EU explores tweaking methane rules for US gas to help trade talks, sources say

Bermuda Broadcasting Newsdesk -
The EU methane law could give U.S. LNG an advantage over Russia and Algeria International news via Reuters: The European Union is looking at ways to...
Finance

China sanctions US congress members, officials and NGO heads

Bermuda Broadcasting Newsdesk -
News comes amidst United States-led tariff and trade war that targets China International news via Reuters: China has imposed sanctions on some U.S. congress members, government...
Finance

‘Cancer’ of billion-dollar cyberscam industry spreading globally – UN

Bermuda Broadcasting Newsdesk -
The United States alone reported more than $5.6 billion in losses to cryptocurrency scams in 2023 International news via Reuters: Asian crime syndicates behind the multibillion-dollar...
Finance

China says it will ignore US ‘tariff numbers game’

Bermuda Broadcasting Newsdesk -
Beijing raised its own levies on U.S. goods in response and has not sought talks International news via Reuters: China will pay no attention if the...
Finance

Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows

Bermuda Broadcasting Newsdesk -
Hermes's first-quarter sales were dragged down by a continued lull in China International news via Reuters: France's Hermes will fully shift the burden of tariffs in...
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