Breaking: European Markets Surge as Ukraine-Russia Peace Talks Loom; Key Earnings Ahead LONDON – In a promising turn of events, European markets opened strongly on Thursday, with the STOXX Europe 600 index surging 80 points to 8,127, and Italy’s FTSE MIB climbing 308 points to 37,961, according to data from IG. This uptick comes as … Read more
UniCredit’s Surprise Stake in Commerzbank Sparks Tensions and Trust Concerns The banking world was left reeling last summer when UniCredit, Italy’s second-largest bank, made an unexpected move to acquire a notable stake in Germany’s Commerzbank. The Milan-based institution’s aggressive approach has since sparked a wave of resistance, with Commerzbank’s leadership, unions, and even … Read more
NEW YORK (dpa-AFX) – Softer than hoped for US inflation data was very well received by investors ahead of the market on Tuesday. The indication of the IG broker for the Dow Jones Industrial it rose to 34,943 points three quarters of an hour before trading began. The main US index is therefore expected to … Read more