UniCredit CEO says M&A is a possibility, not a must
ROME (Reuters) – UniCredit is willing to consider M&A opportunities if financial conditions are right, but they are not a m..
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Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion
MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, price..
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NATO summit to push for standardizing shells
By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever defence industrial pledge at its Washington summit o..
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Oil prices on track for fourth straight week of gains
SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of g..
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Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S..
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Swiss price regulator puts UBS under observation
ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the r..
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Russia swelters in heat wave, Moscow breaks 1917 record for early July
MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..
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UK’s Barclays to sell German consumer finance business
(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..
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Ericsson to book $1.1 billion impairment on weaker outlook for Vonage
(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..
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Dollar on defensive after soft data, battered yen under watch
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