Trends - Commerzbank - Business Recorder

Markets

Cocoa slumps to more than two-year lows, sugar rebounds

LONDON: London cocoa futures on ICE hit their lowest in 2-1/2 years on Tuesday as concern about unsold stocks of...

Published 18 Feb, 2026 05:55am

Markets

Coffee prices slump as Brazil set for bumper crop

LONDON: Arabica coffee futures on ICE fell on Friday, slipping back towards the prior session’s 5-1/2-month low, as...

Published 08 Feb, 2026 03:09am

Markets

Dollar edges down vs euro

NEW YORK: The US dollar edged down against the euro on Wednesday as a delay in releasing key jobs data due to a...

Published 05 Feb, 2026 02:51am

Markets

Silver hits record high above USD100/oz as gold closes in on USD5,000 milestone

NEW YORK: Silver prices rose above USD100 an ounce for the first time on Friday, while gold hit another record en...

Published 25 Jan, 2026 06:01am

Markets

Oil prices settle up as US begins holiday weekend

HOUSTON: Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin...

Published 18 Jan, 2026 03:27am

Markets

Gold hits record, silver sets new high

NEW YORK: Gold hit a record high on Tuesday, as US inflation data cemented bets on Federal Reserve rate cuts this...

Published 14 Jan, 2026 05:56am

Markets

Gold steadies as inflation data fuels rate cut bets

NEW YORK: Gold prices held steady on Thursday, paring losses from earlier in the session, as softer-than-expected US...

Published 19 Dec, 2025 06:07am

Markets

Copper extends decline

LONDON: Copper fell for a fourth straight session on Tuesday, sinking to its lowest in almost two weeks as the ...

Published 05 Nov, 2025 05:48am

Markets

Commerzbank posts profit drop on restructuring costs but raises targets

FRANKFURT: Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Wednesday that net...

Published 06 Aug, 2025 11:24am

Business & Finance

UniCredit posts surprise profit jump, ups guidance after dropping Banco BPM bid

MILAN: UniCredit on Wednesday posted a much higher than expected quarterly profit and raised its 2025 outlook, a day...

Published 23 Jul, 2025 11:13am

Business & Finance

Commerzbank official tells UniCredit CEO to sell and go home

FRANKFURT: UniCredit’s recent push for a tie-up with Commerzbank has prompted calls by a top official of the German...

Published 04 Jul, 2025 04:33pm

Business & Finance

UniCredit can let BPM bid lapse, but will hold onto Commerzbank, CEO says

MILAN: Italy’s UniCredit is ready to let its offer for Banco BPM lapse, CEO Andrea Orcel said on Tuesday, but added...

Published 27 May, 2025 04:37pm

Business & Finance

Euro zone yields edge up before Fed and BoE policy meetings

FRANKFURT: Euro zone government bond yields edged up on Monday with investors on the sidelines ahead of a week ...

Published 06 May, 2025 03:19am

Business & Finance

UniCredit gets German cartel office nod on big Commerzbank stake

DUESSELDORF/FRANKFURT: Germany’s antitrust authorities on Monday approved UniCredit’s plans to own just under 30% of...

Published 14 Apr, 2025 05:14pm

Business & Finance

Commerzbank signs 15-year contract for new high-rise Frankfurt office

FRANKFURT: Commerzbank, which last week announced job cuts in Germany as it fends off a takeover approach from...

Published 18 Feb, 2025 05:55pm

Business & Finance

Commerzbank says no talks with UniCredit until specific offer made

BERLIN: Commerzbank reiterated on Friday that it will not meet with UniCredit for formal discussions until it...

Published 24 Jan, 2025 01:34pm

Business & Finance

Commerzbank chairman sees little chance of amicable UniCredit merger, report says

BERLIN: Commerzbank’s, supervisory board chairman Jens Weidmann said there is little chance for an amicable merger...

Published 13 Jan, 2025 01:21pm

Business & Finance

UniCredit brings security custody services in-house, with focus on Germany

MILAN: UniCredit said on Friday it would bring in-house security custody services, with an initial focus on Germany,...

Published 10 Jan, 2025 03:14pm

Business & Finance

Italy’s UniCredit launches surprise $11 bln all-share bid for Banco BPM

MILAN: Italy’s UniCredit on Monday launched a surprise 10 billion euro ($11 billion) all-share offer for smaller...

Published 25 Nov, 2024 01:32pm

Business & Finance

Commerzbank CEO focused on standalone strategy amid UniCredit interest

WASHINGTON: Commerzbank CEO Bettina Orlopp said on Friday that the lender was focusing on its standalone strategy,...

Published 25 Oct, 2024 08:48pm

Business & Finance

Commerzbank would lose clients in UniCredit merger, German lender’s CEO says

FRANKFURT: Commerzbank and UniCredit did not discuss a merger at a recent meeting, the German lender’s CEO Bettina...

Published 07 Oct, 2024 11:51am

Business & Finance

UniCredit’s rating might top Italy’s if it buys Commerzbank, Moody’s says

MILAN: Moody’s would consider hiking UniCredit’s credit rating one notch above Italy’s sovereign rating if it bought...

Published 02 Oct, 2024 01:25pm

Business & Finance

Commerzbank, UniCredit to meet Friday morning, source says

FRANKFURT: A meeting between bankers from Commerzbank and UniCredit will be held virtually on Friday morning, a...

Published 27 Sep, 2024 01:45pm

Business & Finance

Commerzbank boards confirm independent strategy as UniCredit seeks possible tie-up

FRANKFURT: Commerzbank’s supervisory and management boards have unanimously confirmed the bank’s current strategy of...

Published 26 Sep, 2024 01:54pm

Markets

European shares end higher, Commerzbank dips

PARIS: European shares closed higher on Monday as a soft business activity reading strengthened the case for more...

Published 24 Sep, 2024 03:28am

Business & Finance

Unicredit, Commerzbank merger would add value for all stakeholders, Orcel tells Handelsblatt

BERLIN: A merger of Italy’s Unicredit and Germany’s Commerzbank would add value for all stakeholders and create a...

Published 16 Sep, 2024 10:59am

Business & Finance

Commerzbank opens Lithuania office in bid to boost Baltic connection

BERLIN: Commerzbank will open a representative office in Lithuania from December this year designed to operate as a...

Published 21 Aug, 2024 02:08pm

Business & Finance

Commerzbank seeks share buyback, confirms annual outlook as Q2 profit dips

FRANKFURT: Germany’s Commerzbank said on Wednesday that it was planning a 600-million-euro ($654.48 million) share...

Published 07 Aug, 2024 11:42am

Markets

European shares end lower as earnings whirlwind disappoints

PARIS: European shares closed lower on Wednesday, dampened by luxury stocks after dour results from LVMH weighed on...

Published 25 Jul, 2024 06:35am

Markets

South African rand stable, focus on unity government talks

JOHANNESBURG: The South African rand was little changed in early trading on Wednesday, as investors waited for...

Published 12 Jun, 2024 01:18pm