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Finance

UK’s FTSE 100 hits over three-week low as banks, energy stocks sag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1.4% lower at 10,227.33 points, its weakest close since May 15 International News via Reuters: Britain's blue-chip FTSE 100 hit...
Finance

Stocks get a boost from tech dip-buying; bonds flag

Bermuda Broadcasting Newsdesk -
In Europe, the STOXX 600 edged up 0.5%, led by tech heavyweights ASML and Infineon. U.S. stock futures rose 0.4% to 0.6%, as a...
Finance

London’s FTSE 100 weighed by GSK shares after Nuvalent takeover

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index slipped 0.3% to 10,341 points by 0810 GMT, while the midcap FTSE 250 edged up 0.2% International News via Reuters: UK's...
Finance

Sterling rises against euro, dollar as risk sentiment improves

Bermuda Broadcasting Newsdesk -
The pound is seen as a risk-sensitive currency, given Britain's reliance on global trade and capital flows International News via Reuters: Sterling rose against the dollar...
Finance

Stocks bounce back, oil pares gains as Iran and Israel signal a pause

Bermuda Broadcasting Newsdesk -
The dollar eased, although uncertainty remained as Tehran said it would resume strikes if Israel continued to hit Iran-backed Hezbollah in Lebanon International News via...
Finance

Sterling muscled toward two-month lows by robust dollar

Bermuda Broadcasting Newsdesk -
Oil prices jumped as much as 5% after Israel said it hit an Iranian petrochemical plant, along with strikes elsewhere on military targets, despite...
Finance

Stocks fall sharply as strong jobs data fuels rate hike bets; oil set for weekly gain

Bermuda Broadcasting Newsdesk -
Iran reaffirmed support for the Hezbollah militia and demanded Israel withdraw from southern Lebanon, complicating efforts to end the broader conflict between the U.S....
Finance

Bitcoin’s star fades, as investors flock to lustre of AI and megacap IPOs

Bermuda Broadcasting Newsdesk -
Its price has tumbled around 15% this week, the most since November 2022, when trading platform FTX imploded International News via Reuters: Bitcoin is heading for...
Finance

Stocks drop as US-Iran peace talks stall, AI rally cools

Bermuda Broadcasting Newsdesk -
The Iran-backed Hezbollah militia rejected a new ceasefire in Lebanon on Thursday and Israel said it would not withdraw troops from the country, undermining...
Finance

Stocks struggle after Broadcom dive; oil eases off highs

Bermuda Broadcasting Newsdesk -
Europe's bourses got off to a steady start as both crude and bond yields dipped, but Wall Street futures were pointing lower again and...
Finance

UK equities slip as Middle East impasse drives oil higher

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.2% to 10,350.5 points by 1013 GMT, while the midcap FTSE 250 slipped 0.1% International News via Reuters: UK shares...
Finance

Sterling struggles for direction as Iran talks at impasse

Bermuda Broadcasting Newsdesk -
Talks to end the war remain at a stalemate, while hostilities flared again on Wednesday as an Iranian missile attack damaged Kuwait's airport and...
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