UniCredit announced 9% stake in German lender this week
Takeover would create one of the largest banks in Germany
https://imasdk.googleapis.com/js/core/bridge3.666.0_en.html#goog_710786465UnmuteWATCH: UniCredit CEO Andrea Orcel says all options are on the table regarding the Italian bank’s stake in Commerzbank.Source: Bloomberg
While many vintners are forced to grapple with extreme weather brought on by climate change, some regions are seeing more consistent harvests and better-quality wines.
Climate change is transforming wine. We’ve seen devastating wildfires threaten or destroy recent harvests in California, Australia, Chile and Portugal; harsh winters decimate vineyards in British Columbia’s Okanagan Valley and the Eastern United States; and spring frosts, an age-old enemy of vignerons, become increasingly menacing as warmer average temperatures nudge vines to send out their tender shoots earlier in the spring.
Washington is threatening to shut down Hong Kong’s trade offices in the United States in response to the tighter grip exercised by Beijing on the former British colony.
Property listing website Rightmove has rejected a takeover approach from a rival Australian site backed by Rupert Murdoch.
The £5.6bn offer from REA Group, which is majority-owned by Mr Murdoch’s News Corporation, was described by Rightmove’s board as “wholly opportunistic”.
WASHINGTON, Sept 11 (Reuters) – A top Nippon Steel (5401.T), opens new tab executive and U.S. Steel’s CEO are meeting with senior U.S. officials on Wednesday in an effort to salvage Nippon’s $14.9 billion bid for U.S. Steel (X.N), opens new tab, a person familiar with the matter said.