German government officials and UniCredit bankers have held talks after the Italian lender bought a 9% stake in Commerzbank, a German government source said on Friday.
September 13, 2024
South African politician Pravin Gordhan, who served as finance minister twice, overhauled the tax service and waged a battle against corruption under a former
September 13, 2024
The head of Germany's central bank said on Friday that authorities would take a "very close look" at UniCredit's overtures to potentially buy Germany's Commerzbank, a sign that any
September 13, 2024
The European Central Bank's two biggest shareholders expressed confidence on Friday about the prospect for lower inflation and interest rates in the euro zone.
September 13, 2024
Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande
September 13, 2024
Japanese retail giant Seven & i Holdings has been classified as "core" to national security, according to an updated finance ministry list released on Friday.
September 13, 2024
Don't go anywhere: an event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting.
September 13, 2024
Aircraft assembly workers have walked off the job at Boeing factories near Seattle and elsewhere after union members voted overwhelmingly to reject a tentative contract that would have increased wages by 25% over four years
September 13, 2024
A team of staff from the International Monetary Fund is visiting Kenya on a fact-finding trip, the IMF said late on Thursday, part of efforts to craft a way forward in the wake of
September 13, 2024
Vodafone's $19 billion merger with Three UK could push up bills for millions of mobile customers and impact providers like Sky Mobile by reducing the number of
September 13, 2024
European stocks advanced on Friday and were poised for weekly gains, supported by miners, while investors shifted their focus to the U.S.
September 13, 2024
Deutsche Bank has raised its year-end target for the benchmark S&P 500 index to 5,750 points from 5,500, citing rising stock buybacks, strong corporate earnings and robust inflows, boosted
September 13, 2024
Blackstone is considering options including a sale of its majority stake in visa application outsourcing and technology services firm VFS Global after receiving interest from prospective
September 13, 2024
The casino commission in Australia's biggest state said on Friday it may cancel Star Entertainment's Sydney licence or fine it up to A$100 million ($67.2 million) after an inquiry found
September 13, 2024
Inflation in the euro zone, including a core measure that strips out volatile prices, is going in the right direction, European Central Bank policymaker Joachim Nagel said on
September 13, 2024
Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S. government control of the mortgage-finance firms Fannie Mae and Freddie
September 13, 2024
A look at the day ahead in European and global markets from Kevin Buckland European traders who went to bed thinking a quarter-point Fed rate cut was a lock for next week may well have had a rude
September 13, 2024
The Bank of Japan (BOJ) will not raise interest rates at a policy meeting next week, economists unanimously said in a Reuters poll published on Friday, but a
September 13, 2024
Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little
September 12, 2024
Global stocks are mixed after U.S. stocks pulled closer to their record highs following economic reports that came in close to expectations
September 13, 2024
Japan's consumer inflation rate likely picked up for the fourth straight month in August, a Reuters poll of 20 economists showed, tracking comfortably above the
September 13, 2024
Japanese trading house Mitsubishi said on Friday it has reached a preliminary agreement to buy a stake in and offtake low-carbon ammonia from ExxonMobil's hydrogen facility in Texas.
September 13, 2024
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.
September 13, 2024
India's growth potential is 7.5% or more, the country's central bank chief said on Friday, which is a little above the bank's full-year forecast for 2024 of 7.2%.
September 13, 2024
Pakistan’s leader says the country has met all the conditions set by the International Monetary Fund to qualify for a new $7 billion loan to help prop up its economy
September 12, 2024
Unicredit and German government talk after Commerzbank stake purchase, source says
South African anti-corruption minister Gordhan dies, aged 75
New Israeli poll shows Netanyahu's party advancing
Dozens of Hong Kong journalists and some of their families have been harassed, media group says
Italian divers recover video equipment from Mike Lynch’s sunken yacht
Regulators to scrutinise any Commerzbank-UniCredit deal, Nagel says
2 men charged with stealing a famous Banksy image from a London art gallery
David Beckham among soccer dignitaries attending ex-England coach Sven-Goran Eriksson's funeral
Stolen Banksy 'Girl with Balloon' painting found