BERLIN (Reuters) -UniCredit CEO Andrea Orcel said the Italian lender may consider the sale of its stake in Germany’s Commerzbank to a bank outside the European Union if it received a good offer that shareholders wanted, a German newspaper reported on Saturday. Over the last year, UniCredit has built a 26% equity stake in the German lender and pressed for a tie-up, which Commerzbank opposes ...
By Gopal Sharma and Aftab Ahmed KATHMANDU (Reuters) - Nepal’s President Ramchandra Paudel has dissolved parliament and called for fresh elections on March 5 following a week of deadly violence that culminated in the appointment of the country’s first woman prime minister. The statement from Paudel’s office late on Friday came just hours after he announced former Chief Justice Sushila Karki w ...
(Reuters) - Members of the United Auto Workers union at GE Aerospace’s Evendale, Ohio, and Erlanger, Kentucky, facilities have reached a tentative agreement with the company, the union said on Friday. Workers secured victories on all fronts - job security, health care costs, and time off, the UAW said in a statement on Saturday. It said GE will cover nearly all health care premium increases over ...
Investing.com – Russia stocks were lower after the close on Saturday, as in the sectors led shares . At the close in Moscow, the MOEX Russia Index unchanged 0.00% to hit a new 1-month low. The best performers of the session on the MOEX Russia Index were Transneft PJSC Pref (MCX:TRNF_p), which rose 0.22% or 3.00 points to trade at 1,292.00 at the close. Meanwhile, Surgutneftegas PJSC (MCX:SNGS) ...