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Finance

Finance

Big pharma fears best-selling drugs in crosshairs of US-EU tariff spat

Bermuda Broadcasting Newsdesk -
Trump last week called out Ireland for luring pharmaceutical companies with tax breaks International news via Reuters: Drugmakers are urging the Trump administration and European Union...
Finance

Dollar hobbled by economic worries; euro remains in favour

Bermuda Broadcasting Newsdesk -
Sterling rose 0.26% to $1.2971, in line with the euro International news via Reuters: The dollar hovered near a five-month low against major peers on Monday,...
Finance

UK finance minister Reeves to unveil action plan to cut over-regulation

Bermuda Broadcasting Newsdesk -
New system to support businesses to innovate with help from the Regulatory Innovation Office International news via Reuters: British finance minister Rachel Reeves will meet financial,...
Finance

Trump trade war to sap Canadian, Mexican and US growth, OECD says

Bermuda Broadcasting Newsdesk -
Global growth on course to slow slightly from 3.2% in 2024 to 3.1% in 2025 International news via Reuters: President Donald Trump's tariff hikes will...
Finance

Analysis-Big bank deals stalled by Trump volatility even as officials signal deregulation

Bermuda Broadcasting Newsdesk -
Regulatory outlook still in flux, key agencies being run by interim leaders International news via Reuters: Big banks are holding off on acquisitions and staying cautious...
Finance

UK economy sputters in January, underlining Reeves’ growth challenge

Bermuda Broadcasting Newsdesk -
Sterling weakened by around two tenths of a cent against the U.S. dollar before recovering International news via Reuters: Britain's economy unexpectedly contracted in January, extending...
Finance

Trump threatens tariffs on European wine and spirits in escalating trade war

Bermuda Broadcasting Newsdesk -
The EU accounted for roughly 40% of all spirits exports in 2023 https://vimeo.com/1065568371 U.S. President Donald Trump on Thursday threatened to slap a 200% tariff on...
Finance

UK financial watchdogs drop diversity and ‘name and shame’ reforms

Bermuda Broadcasting Newsdesk -
Several Wall Street firms have also softened their stances on DEI Britain's top financial regulators have scrapped proposed new rules to boost diversity and inclusion...
Finance

Dollar struggles to lift off lows as global trade war ramps up

Bermuda Broadcasting Newsdesk -
E.U. to impose counter tariffs on 26 billion euros worth of U.S. goods from April The dollar struggled to lift off a five-month low against...
Finance

HSBC downgrades US stocks, turns bullish on European equities

Bermuda Broadcasting Newsdesk -
The S&P 500 has pulled back about 6.1% from its February 19 record high International news via Reuters:  HSBC on Monday downgraded U.S. equities, citing uncertainty...
Finance

British pound extends losses versus euro, steadies against dollar

Bermuda Broadcasting Newsdesk -
The Bank of England is expected to hold interest rates at 4.5% next week International news via Reuters: The British pound further eased against the euro...
Finance

World food prices rose in February on back of sugar rush, UN’s FAO says

Bermuda Broadcasting Newsdesk -
Growth spurred by projected production gains in the EU, particularly in France and Germany International news via Reuters: Global food commodity prices rose in February, driven...
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