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Gold starts week at new record as US dollar falls amid tariff showdown Image

Gold starts week at new record as US dollar falls amid tariff showdown

Business

7 min read

Gains in the safe-haven precious metal reach 30% year-to-date as the US dollar weakens

Italy's UniCredit pushes ahead with BPM and Commerzbank deals

Business

6 min read

Italy’s second-largest lender, UniCredit, is advancing its European expansion strategy with a dual-track approach, including a €14 billion ($16 billion) takeover bid for domestic rival Banco BPM, and increasing its stake in Germany’s Commerzbank, as regulatory powers in both countries gave the go-ahead.

Italy's UniCredit pushes ahead with BPM and Commerzbank deals Image

Global banks revise outlook on Turkish economy following central bank’s bold move

Business

13 min read

Foreign banks expect cautious easing as central bank signals firm stance on inflation control, citing efforts to stabilize lira

Global banks revise outlook on Turkish economy following central bank’s bold move Image

Cost of defending lira: Turkish central bank reserves drop below $150B

Business

9 min read

Turkish lira stabilizes after reserve sales, but foreign exits continue to pressure markets, official figures shows

Cost of defending lira: Turkish central bank reserves drop below $150B Image

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