Oil prices little changed Published 04 Jul, 2026 02:29am CALGARY/LONDON: Oil prices were little changed for the week as traders held on to hopes for a successful outcome...
Commerzbank institutional investors tender just over 1% of shares in UniCredit offer, German bank says Published 25 Jun, 2026 11:34am Of the 12.51% of tendered shares, institutional investors have tendered 1.29% of shares
European shares close higher Published 17 Jun, 2026 05:36am FRANKFURT: European shares edged higher on Tuesday, extending the previous session’s rally, sparked by a preliminary...
UniCredit rejects Commerzbank claims that take-up is lower than seems Published 15 Jun, 2026 01:44pm It added in a statement that it would consider 'the most appropriate action to protect its interests'
Gold rebounds from six-month low but rate-hike fears cap gains Published 12 Jun, 2026 06:08am NEW YORK: Gold prices rose on Thursday, rebounding from a six-month low, as investors covered their short positions,...
Gold slips on rate-hike fears Published 10 Jun, 2026 05:53am NEW YORK: Gold prices fell on Tuesday, tracking a broader market sell-off and pressured by rising expectations of a...
Gold firms with focus on ME developments, US economic data Published 03 Jun, 2026 02:34am NEW YORK: Gold gained on Tuesday as oil prices slipped after US President Donald Trump said talks with Iran were...
Commerzbank workers protest UniCredit takeover attempt Published 20 May, 2026 12:20pm Employees, blowing whistles and many dressed in corporate yellow
US dollar down against major currencies Published 19 May, 2026 06:02am NEW YORK: The dollar slipped against most major currencies on Monday as oil prices fell and 10-year US Treasury...
European shares slide as Middle East tensions flare Published 09 May, 2026 05:51am FRANKFURT: European shares slipped on Friday in broad-based losses as a flare-up in the Middle East conflict hit...
Commerzbank official rejects UniCredit CEO's calls for renewed talks Published 07 May, 2026 10:44am Uebel also said he would support Berlin increasing its 12% stake in Commerzbank to undo the government's botched sale of part of its holding in 2024 that resulted in UniCredit building its holding
UniCredit says to outline details for ‘Commerzbank transformation’ on Monday Published 20 Apr, 2026 10:52am UniCredit said in a statement Chief Executive Andrea Orcel would hold a conference call al 0900 CET (0700 GMT) on Monday
German inflation spikes to 2.8pc in March as energy costs soar Published 31 Mar, 2026 05:24am BERLIN: German inflation accelerated in March due to surging energy prices against the backdrop of the Iran war, and...
Gold slips, heads for second consecutive weekly fall Published 15 Mar, 2026 02:21am NEW YORK: Gold prices slipped on Friday and were on track for a second consecutive weekly decline, pressured by a...
Aluminium eases as dollar firms, focus on ME smelters Published 06 Mar, 2026 05:28am LONDON: Aluminium prices pulled back on Thursday after rising for three straight sessions on supply concerns, as the...
Cocoa slumps to more than two-year lows, sugar rebounds Published 18 Feb, 2026 05:55am LONDON: London cocoa futures on ICE hit their lowest in 2-1/2 years on Tuesday as concern about unsold stocks of...
Coffee prices slump as Brazil set for bumper crop Published 08 Feb, 2026 03:09am LONDON: Arabica coffee futures on ICE fell on Friday, slipping back towards the prior session’s 5-1/2-month low, as...
Dollar edges down vs euro Published 05 Feb, 2026 02:51am NEW YORK: The US dollar edged down against the euro on Wednesday as a delay in releasing key jobs data due to a...
Silver hits record high above USD100/oz as gold closes in on USD5,000 milestone Published 25 Jan, 2026 06:01am NEW YORK: Silver prices rose above USD100 an ounce for the first time on Friday, while gold hit another record en...
Oil prices settle up as US begins holiday weekend Published 18 Jan, 2026 03:27am HOUSTON: Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin...
Gold hits record, silver sets new high Published 14 Jan, 2026 05:56am NEW YORK: Gold hit a record high on Tuesday, as US inflation data cemented bets on Federal Reserve rate cuts this...
Gold steadies as inflation data fuels rate cut bets Published 19 Dec, 2025 06:07am NEW YORK: Gold prices held steady on Thursday, paring losses from earlier in the session, as softer-than-expected US...
Copper extends decline Published 05 Nov, 2025 05:48am LONDON: Copper fell for a fourth straight session on Tuesday, sinking to its lowest in almost two weeks as the ...
Commerzbank posts profit drop on restructuring costs but raises targets Published 06 Aug, 2025 11:24am FRANKFURT: Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Wednesday that net...
UniCredit posts surprise profit jump, ups guidance after dropping Banco BPM bid Published 23 Jul, 2025 11:13am MILAN: UniCredit on Wednesday posted a much higher than expected quarterly profit and raised its 2025 outlook, a day...
Commerzbank official tells UniCredit CEO to sell and go home Published 04 Jul, 2025 04:33pm FRANKFURT: UniCredit’s recent push for a tie-up with Commerzbank has prompted calls by a top official of the German...
UniCredit can let BPM bid lapse, but will hold onto Commerzbank, CEO says Published 27 May, 2025 04:37pm MILAN: Italy’s UniCredit is ready to let its offer for Banco BPM lapse, CEO Andrea Orcel said on Tuesday, but added...
Euro zone yields edge up before Fed and BoE policy meetings Published 06 May, 2025 03:19am FRANKFURT: Euro zone government bond yields edged up on Monday with investors on the sidelines ahead of a week ...
UniCredit gets German cartel office nod on big Commerzbank stake Published 14 Apr, 2025 05:14pm DUESSELDORF/FRANKFURT: Germany’s antitrust authorities on Monday approved UniCredit’s plans to own just under 30% of...
Commerzbank signs 15-year contract for new high-rise Frankfurt office Published 18 Feb, 2025 05:55pm FRANKFURT: Commerzbank, which last week announced job cuts in Germany as it fends off a takeover approach from...