The WSJ Dollar Index is up 0.78 point or 0.82% this week to 94.98 –Largest one-week point and percentage gain since the week ending Feb 28, 2025 –Today it is up 0.30 point or 0.31% –Largest one-day ...

Trump always chickens out -- is widely understood to mean President Donald Trump employs brinksmanship before eventually ...

Bond markets were wary of economic uncertainty and the difficulty of quantifying the inflationary shock that tariffs will produce, OFI Invest Asset Management said, adding that investors were trying ...

For our 'moment of the week', Silvia Amaro revisits UniCredit's announcement it virtually doubled its equity stake in German ...

UniCredit has no plans to heed the advice of the German government to drop its ambitions to take over Commerzbank , the ...

Germany called on UniCredit SpA Chief Executive Officer Andrea Orcel to abandon his pursuit of Commerzbank AG, after the Italian bank doubled its equity stake by converting derivatives into shares.

Shares of banks and other financial institutions rose as traders bet the sector would benefit from a resurgence of deal activity. Italian lender UniCredit said it converted part of its position in ...

The dollar hovered near more than a two-week high against the yen on Wednesday as U.S. President Donald Trump announced tariffs on seven countries, after earlier this week imposing 25% tariffs on ...

UniCredit met renewed German opposition on Wednesday to its takeover ambitions for Commerzbank after it doubled its voting ...

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped its ...

Orcel's other M&A moves include a doubling of UniCredit's stake in Greece's Alpha Bank in May. He also built a stake in ...

The Italian lender now owns around 20% of Commerzbank’s shares and is the largest shareholder of the bank it hopes to ...