UniCredit CEO approaches Commerzbank about merger after share swoop, source says
UniCredit's CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said,
September 11, 2024UniCredit's CEO approached Commerzbank about exploring merger talks on Wednesday, a source with knowledge of the matter said,
September 11, 2024If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.
September 11, 2024Oil prices climbed more than 2% on Wednesday, driven by fears of lengthy production shutdowns in the U.S. offshore oil patch, which Hurricane Francine was barreling
September 11, 2024Britain's largest real estate portal Rightmove rejected the 5.6 billion pound ($7.32 billion) cash-and-stock takeover proposal from Australia's
September 10, 2024Japanese trading house Mitsui said on Wednesday it decided to double its share buyback spending to up to 400 billion yen ($2.84 billion) to buy and later cancel up to 6% of its
September 11, 2024Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting its share price as the world's largest listed fashion retailer
September 11, 2024Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion euros ($15.9 billion) including debt, the Financial Times reported on
September 11, 2024A look at the day ahead in European and global markets from Ankur Banerjee Investors broadly took the U.S. presidential debate between Donald Trump and Kamala Harris in stride where details were
September 11, 2024Chinese-Swedish EV brand Lynk & Co, which will launch its first China-made battery-electric car in Europe next month, said it did not intend to pass on the
September 11, 2024U.S. stock futures slipped and the dollar edged lower in early Asian trading on Wednesday as Republican Donald Trump and Democratic Vice President Kamala Harris faced each other for the
September 11, 2024A $39 billion Canadian takeover bid for 7-Eleven's owner indicates a shift in Japan's corporate governance and has left CEOs "nervous" that their
September 11, 2024The Bank of Japan will continue to raise interest rates if inflation moves in line with its forecast, policymaker Junko Nakagawa said,
September 11, 2024Wall Street reversed an earlier sell-off to close higher on Wednesday, and Brent crude prices rebounded from 3-1/2 year lows as a key inflation report cemented
September 10, 2024South Korea's household borrowing rose in August by the biggest amount in more than three years, led by a record jump in mortgage demand, central bank data showed on Wednesday.
September 11, 2024U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies
September 11, 2024Former NFL running back Adrian Peterson has been ordered by a Texas judge to turn over personal assets to help pay a debt that has ballooned to more than $12 million
September 10, 2024Rupert Murdoch-owned property listings firm REA Group has made an initial takeover offer for Britain's Rightmove, Bloomberg News reported on Tuesday citing people familiar with the matter.
September 10, 2024News Corp in 2017 estimated losing at least $9 million in ad revenue that year if it had switched away from Google's massive advertising apparatus,
September 10, 2024The market for weight-loss treatments is expected to see 16 new drugs vying for a slice of the lucrative business currently dominated by Novo Nordisk and Eli Lilly, according to estimates
September 10, 2024Bank of America CEO Brian Moynihan on Tuesday praised Warren Buffett as an investor in the company, but said he has not asked the legendary investor about
September 10, 2024Spanish banker Ana Botin set about transforming Santander, a sprawling, acquisition-obsessed and fragmented lender into a leaner,
September 10, 2024Israel posted a budget deficit of 12.1 billion shekels ($3.24 billion) in August, the Finance Ministry said on Monday, citing high expenses to finance the war with the
September 09, 2024HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, Bloomberg News reported on Monday, citing
September 09, 2024U.S. wholesale inventories increased less than initially thought in July amid a sharp rebound in sales, casting doubt on whether inventory investment would contribute to
September 09, 2024A look at the day ahead in Asian markets.
September 09, 2024