Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank
UniCredit’s announcement on Wednesday morning that it had built a 9 per cent stake in rival Commerzbank caught the German establishment by surprise. But the move was at least seven years in the making.Shares in Commerzbank jumped 17...
Scholz Urges German Parties To Isolate Far Right
German Chancellor Olaf Scholz on Monday urged mainstream parties to avoid working with the far right, after record gains by the AfD in two regional polls sent alarm bells ringing a year before a general election.In the former...
Banks to gain new powers to freeze large payments for fraud checks
Banks in the UK will soon be granted new powers to freeze large payments for up to four days as part of updated fraud prevention measures set to take effect this autumn.
The changes are being introduced ahead of...
Explore the Monetary Policy’s Long-Term Effects
Welcome to MASEconomics, your trusted source for economic insights. Monetary policy, characterized by policy rate changes, often dominates headlines and discussions regarding economic management. Central banks are tasked with steering the ship of the economy, using policy rates as...
MId-day trade: Sensex, Nifty trim early losses; PSU Banks, IT stocks fall
Indian equities in the mid-day trade trimmed their early losses while trading in the red as US growth worries surfaced once again. At around 12:46 pm, Nifty was at 25,140.3, down 0.55 per cent or 139.2 points, while...
S&P hits record high after jumbo Fed cut
Stay informed with free updatesSimply sign up to the Equities myFT Digest -- delivered directly to your inbox.The S&P hit a record high of 5,713.02 on Thursday as global stocks rose in the aftermath of this...
Abdelmadjid Tebboune elected for second term as Algeria’s president
Algeria’s President Abdelmadjid Tebboune has been elected for a second term, giving the authoritarian leader five more years at the helm of the north African gas-exporting nation and one of Europe’s main suppliers.The victory of the 78-year-old incumbent,...
Santander is ramping up its RTO mandate—lumping its U.K. CEO with a 160-mile commute
Santander famously took a liberal approach to work-from-home compared to its peers.
The Spanish bank touted its flexible work policies while the likes of JPMorgan and Morgan Stanley called their employees back into offices, saying “flexibility is here to...
Block hostile Taiwan bank takeover for sector’s sake, says rival bidder
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The ability of Taiwan’s banking sector to support the globalisation of the country’s powerful tech companies could depend on the...
IndiGo starts Jaffna-Chennai daily flight services; catch key details
Domestic carrier IndiGo on Sunday started its daily flight services to Jaffna in Sri Lanka from Chennai.
Jaffna is the airline's second destination in the island nation after capital city Colombo and 34th international destination, IndiGo said.
The new daily...
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The last bit of Rice + Saudi bid for Trossard rejected
Morning all.
I think the Rice thing has probably rumbled on long enough, but I thought this angle of the incident from Arsenal’s Access...
