Bernadette Baum

London

Global Newsroom Editor at Reuters

An editor @Reuters Global Newsroom covering general news and financial markets. Also a photo, food and adventure enthusiast.

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Articles

China Issues Guidelines on Financial Support for Boosting Consumption

3 days ago | gurutrade.com | Kevin Yao |Andrew Heavens |Bernadette Baum

BEIJING, June 24 (Reuters) - China on Wednesday released guidelines aimed at using financial tools to boost consumption, with pledges to support employment and raise household incomes as part of broader efforts to bolster the economy. The guidelines, drafted jointly by six government departments and released by the central bank, said China would support eligible companies across the consumer industry chain to raise funds through stock market listings and other channels.
S.African Rand Drops to One-Month Low after US Strikes Iran

4 days ago | gurutrade.com | Sfundo Parakozov |Alessandro Parodi |Aidan Lewis |Bernadette Baum

JOHANNESBURG, (Reuters) - The South African rand fell to a one-month low on Monday, pressured by volatile crude oil prices and risk-off sentiment following the U.S. military action against Iran over the weekend. At 1354 GMT the rand traded at 18.07 against the dollar , down roughly 0.4% from Friday's close and on track for its lowest day-end value since mid-May.
Google faces setback as EU court adviser backs antitrust regulators

1 week ago | today.westlaw.com | Bernadette Baum

BRUSSELS (Reuters) -Alphabet's Google faced a potential setback on Thursday as an adviser to Europe's highest court sided with EU antitrust regulators in the company's fight against a record 4.34 billion euro ($4.98 billion) fine levied seven years...
UBS and Pictet report data leak after cyber attack on provider, client data unaffected

1 week ago | today.westlaw.com | Oliver Hirt |Elaine Hardcastle |Bernadette Baum

ZURICH (Reuters) -Swiss banks UBS and Pictet said on Wednesday they had suffered a data leak due to a cyber attack on a provider in Switzerland that did not compromise client information, although a report said thousands of UBS workers' data was...
Likely all machines at Iran's main enrichment plant 'severely damaged', IAEA chief says

1 week ago | share.google | Francois Murphy |Bernadette Baum |William Maclean |Mark Heinrich

Grossi changes assessment of damage underground at Natanz Below-ground enrichment plant there is Iran's largest Israeli strike knocked out power, threatening centrifuges Above-ground enrichment plant at Natanz was destroyed Fordow enrichment plant buried in mountain appears spared VIENNA, June 16 (Reuters) - It is very likely all the roughly 15,000 centrifuges operating at Iran's biggest uranium enrichment plant at Natanz were badly damaged or destroyed because of a power cut caused by an...
Irish Corporate Tax Set for Further Short-Term Boost, Fiscal Watchdog

2 weeks ago | gurutrade.com | Bernadette Baum

DUBLIN, June 10 (Reuters) - Booming Irish corporate tax receipts could grow further in 2025 and 2026, even as the threat of potentially damaging tariffs hangs over the volatile source of revenue, the country's independent fiscal watchdog said on Tuesday. A six-fold jump in corporate tax revenue since 2014 to 28 billion euros last year, or 29% of all tax collected - even before an extra 11 billion euros of Apple back taxes is included - has handed Ireland Europe's healthiest public finances.
Sterling Firms with Focus on Defence Plan, Weaker Dollar

3 weeks ago | gurutrade.com | Johann M Cherian |Amanda Cooper |Bernadette Baum

June 2 (Reuters) - Sterling had a firm start to the week on Monday, as investors assessed a domestic defence plan and a batch of better-than-expected British economic data, while simmering trade tensions between the U.S. and China eroded appetite for the dollar.
Bristol Myers agrees up to $11.1 billion deal with BioNTech to shake up cancer immunotherapy

3 weeks ago | today.westlaw.com | Jacqueline Wong |Michael Erman |Bernadette Baum |Ludwig Burger

(Reuters) -Bristol Myers Squibb has agreed to pay up to $11.1 billion to partner with Germany's BioNTech and develop the latter's next-generation cancer immunotherapy, which could take on rival Merck & Co's best-selling drug Keytruda.
US signals it may use administrative process against Harvard

1 month ago | today.westlaw.com | Nate Raymond |Bernadette Baum |Jonathan Stempel

(Reuters) -The Trump administration signaled on Thursday it might back off plans to immediately revoke Harvard University's ability to enroll foreign students because of several concerns, including its alleged failure to police antisemitism on...
Pound Steady Against Dollar; Data, Trade Deals Offer Support

1 month ago | gurutrade.com | Bernadette Baum

May 28 (Reuters) - Sterling was steady against the dollar on Wednesday, hovering near Monday's three-year high, as it continued to be supported by favourable economic data last week as well as Britain's recent trade deals. Investors also looked towards a multi-year spending review by finance minister Rachel Reeves in two weeks which will set the budgets for public services. Sterling was little changed at $1.3511 but stayed close to the three-year high of $1.3593 it touched on Monday.