Frankfurt - Italy’s UniCredit has recently expressed an interest to the German government about merging with state-backed Commerzbank, two people familiar with the matter said, adding that any deal would only come in the medium term.
San Juan - Maria, the second major hurricane to roar through the Caribbean this month, made landfall near Yabucoa, on the southwest coast of the island of 3.4 million people.
Mexico City - The magnitude 7.1 shock killed at least 217 people, nearly half of them in the capital, 32 years to the day after a devastating 1985 quake and less than two weeks after a powerful tremor killed nearly 100 people in the south of the country.
+ + + STRONG EARTHQUAKE OF 7.4 MAGNITUDE HITS SOUTHERN MEXICO + + +
San Juan - Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the U.S. Virgin Islands and Puerto Rico on Tuesday as the second top-strength storm to lash the Caribbean this month.
London - Calling himself a “proud saboteur” of the Brexit process, Britain’s Liberal Democrat leader Vince Cable on Tuesday appealed to opponents in all parties to put aside differences and fight a divorce from the European Union.
London - Government still needs to decide on IPO venue, fuel reform. Aramco running accounts under new tax system-sources. Saudi government source says plans for IPO on track.
Paris - “In Martinique, reconnaissance operations are still underway but already we can see that there is no significant damage,” Jacques Witkowski, France’s head of civil protection and crisis response, told a news briefing in Paris.
London - Demand soars for Portugal as country wins back investment rating. Borrowing costs converge with peers for first time in years. Portugal-Italy yield spread tightest since March 2010 at 33 bps.
Beijing - China expressed concern on Monday over a proposal by European Commission chief Jean-Claude Juncker to limit its ability to buy up European companies in the infrastructure, hi-tech manufacturing and energy industries.
