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Finance

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EU to present plan on Tuesday on how to wean itself off Russia energy

Bermuda Broadcasting Newsdesk -
The European Commission has pledged that the EU will quit Russian fossil fuels by 2027 International news via Reuters: The European Union will present a roadmap...
Finance

HSBC says trade turmoil poses serious risks to global growth

Bermuda Broadcasting Newsdesk -
Also said it remains committed to its ambition of becoming a net zero bank by 2050 International news via Reuters: Shifting global trade relations have increased...
Finance

As Trump moves to tax small parcels, some retailers give up on US

Bermuda Broadcasting Newsdesk -
Players willing to continue to access the U.S. market are forced to hike their price tags International news via Reuters: As the United States ends a...
Finance

Global health funding faces ‘greatest disruption’ in memory, says WHO director

Bermuda Broadcasting Newsdesk -
WHO says it is looking at making savings at the regional, headquarters and country level International news via Reuters: Global health funding faces historic challenges as...
Finance

Ryanair threatens to cancel huge Boeing order if tariffs raise prices

Bermuda Broadcasting Newsdesk -
Aircraft industry sources say Boeing and Airbus contracts do not include any provision for tariffs International news via Reuters: Ryanair on Thursday threatened to cancel orders...
Finance

Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

Bermuda Broadcasting Newsdesk -
Investors had been worried about the fallout from sweeping U.S. tariffs International news via Reuters: Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business...
Finance

McDonald’s global sales post surprise drop as tariff chaos hurts consumer confidence

Bermuda Broadcasting Newsdesk -
McDonald's shares were down 2% in early trading after gaining about 10% this year International news via Reuters: McDonald's posted a surprise drop in first-quarter global...
Finance

US tariffs would take percentage point off Dutch economic growth, CPB says

Bermuda Broadcasting Newsdesk -
Investments would take the largest hit due to global economic uncertainty International news via Reuters: The sweeping trade tariffs announced by U.S. President Donald Trump would...
Finance

Sterling set for strongest monthly performance against dollar since November 2023

Bermuda Broadcasting Newsdesk -
Britain aims to soften the blow of U.S. tariffs by reaching an economic agreement with Trump International news via Reuters: Sterling fell against a firmer dollar...
Finance

Germany skirts recession but unemployment rises

Bermuda Broadcasting Newsdesk -
Experts fear that the German economy will contract again as early as the summer International news via Reuters: The German economy grew in the first quarter...
Finance

Switzerland to enact Hamas ban from May 15

Bermuda Broadcasting Newsdesk -
The law was approved by the country's parliament last December International news via Reuters; A new Swiss law banning Hamas and related organisations will come...
Finance

Trump to reduce impact of auto tariffs, commerce secretary says

Grae Minors -
A coalition of U.S. auto industry groups urged Trump not to impose 25% tariffs on imported auto parts International news via Reuters: President Donald Trump's administration...
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