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Finance

Finance

UK’s WH Smith says travel business resilient and on track to meet forecasts

Bermuda Broadcasting Newsdesk -
Reported pre-tax profit of 45 million pounds ($59.72 million) for the first-half of the fiscal year International news via Reuters: Retailer WH Smith expects to meet...
Finance

Pound rises against dollar; UK inflation slows more than expected

Bermuda Broadcasting Newsdesk -
Price pressures will likely rise in the months ahead as U.S. tariffs filters through to consumers International news via Reuters: Sterling edged up against the dollar...
Finance

AUKUS nuclear submarine sale under scrutiny as Trump tariffs rattle Australia

Bermuda Broadcasting Newsdesk -
Australia faces deadline to pay the U.S. $2 billion to help with improving its submarine shipyards International news via Reuters: The sale of nuclear-powered submarines to...
Finance

China accuses US of launching ‘advanced’ cyberattacks, names alleged NSA agents

Bermuda Broadcasting Newsdesk -
Allegations come as the world's two largest economies spiral deeper into a trade war International news via Reuters: China accused the United States National Security Agency...
Finance

Swedish government boosts spending as trade war hits growth

Bermuda Broadcasting Newsdesk -
Measures in the spring budget included extra money for schools, road maintenance and prisons International news via Reuters: Sweden's government will raise spending by around 11.5...
Finance

South Korea aims to delay US tariffs in talks, cooperate in mutual areas

Bermuda Broadcasting Newsdesk -
Trump hit Asia's fourth-largest economy with 25% "reciprocal" tariffs earlier this month International news via Reuters: South Korea will seek to delay the implementation of tariffs...
Finance

UK’s energy regulator to confirm electricity grid reforms

Bermuda Broadcasting Newsdesk -
The new regime could help unlock up to 40 billion pounds ($52.8 billion) of investment a year International news via Reuters: Britain's energy regulator is expected...
Finance

Japan seeks full removal of US tariffs ahead of trade talks

Bermuda Broadcasting Newsdesk -
Japan, a long-time U.S. ally, has been hit with 24% levies on its exports to the United States International news via Reuters: Japan will seek full...
Finance

UK employers cut jobs in run-up to Reeves’ tax hike

Bermuda Broadcasting Newsdesk -
Vacancies fell below their pre-COVID pandemic level for the first time in almost four years International news via Reuters: Britain's labour market weakened before this month's...
Finance

UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says

Bermuda Broadcasting Newsdesk -
Some 63% of CFOs ranked cost-cutting as a top priority, up from 52% three months earlier International news via Reuters: Britain's biggest companies adopted their...
Finance

Goldman Sachs raises year-end gold forecast to $3,700/oz

Bermuda Broadcasting Newsdesk -
Bullion breached $3,200 an ounce for the first time on Friday International news via Reuters: Goldman Sachs has increased its year-end gold forecast to $3,700 per...
Finance

Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp

Bermuda Broadcasting Newsdesk -
Sources say that Meta earns about half of its U.S. advertising revenue from Instagram International news via Reuters: Facebook parent Meta Platforms faces a high-stakes trial...
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