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Wednesday, 12 August 2026

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UniCredit CEO says deal with Commerzbank likely as talks resume

FRANKFURT/MILAN, July 8 (Reuters) – One of Europe’s most cantankerous banking battles in decades is becoming more a question of how and when, not if, UniCredit secures its prize, after it disclosed it was nearing contro…

Euro falls even amid strong Eurozone PMIs

EUR/USD trades lower near the 1.1370 area on Friday, struggling despite stronger-than-expected Eurozone business-activity figures. The US Dollar Index (DXY) remains firmer near 101.50, offering limited support to the pa…