UniCredit ups stake in Commerzbank to 21 percent
Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a takeover of its German rival.
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Big rate cut was 'appropriate' first step: Fed official
The US Federal Reserve's decision to cut interest rates by half a percentage-point was "an appropriate and necessary first step," given progress on reducing inflation, a senior bank official said Monday.
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Stock markets diverge as eurozone economy struggles
European and Asian stock markets diverged Monday as investors digested weak eurozone economic data and an interest rate cut by China's central bank.
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Man City's Akanji sends defiant title message after Arsenal battle
Manchester City defender Manuel Akanji says Arsenal have become masters of the "dark arts" but is bullish over his team's Premier League title chances after a gripping 2-2 draw at the Etihad Stadium.
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Madrid's 'many styles' key to unbeaten streak: Ancelotti
Real Madrid coach Carlo Ancelotti said Monday his team's "many styles" of play have helped them go 38 La Liga matches without defeat.
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UK's Labour pledges economic rebuild amid free gifts row
Britain's governing Labour party on Monday sought to strike a more upbeat note about the country's economic future against a furious backlash at proposed cuts to welfare payments and a row over top ministers receiving gifts.
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Barca goalkeeper Ter Stegen to undergo knee operation
Barcelona goalkeeper Marc-Andre ter Stegen will have surgery on a ruptured knee tendon, the Catalan club said Monday, with the club's captain potentially sidelined for the rest of the season.
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French mass rape trial moves on to new defendants
A French court on Monday began hearing the cases against six new defendants as the mass rape trial that has sparked horror in the country moved into its fourth week.
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UK's Labour looks to be more cheerful despite gifts and welfare row
Britain's governing Labour party on Monday sought to strike a more upbeat note about the country's future but against a furious backlash from unions at proposed cuts to welfare payments and a row over top ministers receiving gifts.
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Eurozone business activity slumps after Olympics boost
Eurozone business activity declined for the first time in seven months in September, as France lost steam after the end of the Paris Olympic Games, a key survey said Monday.
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