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Finance

Finance

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

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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

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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...
Finance

Pound heads for worst weekly run versus euro since 2023

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Traders expect the Bank of England will cut rates more slowly than other central banks International news via Reuters: The pound headed for its worst...
Finance

British water companies fight off $1.9 billion lawsuits over sewage pollution

Bermuda Broadcasting Newsdesk -
The amount of sewage pumped into Britain's waterways has sparked public anger International news via Reuters: Six British water companies on Friday defeated mass lawsuits valued...
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