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Commodities
14 May
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UniCredit engages investment bankers in move to acquire Commerzbank

UniCredit engaged investment bankers Lazard and JP Morgan to advance a potential bid for German rival Commerzbank.

14 May
Bank of America-Merrill Lynch, City view plaza, San Jose by Michael Gray
Investors braced for bumpy summer - Merrill survey

Investors are gearing up for a difficult run on global markets, according to a closely-watched fund manager survey published on Tuesday, with a record number taking out protection against potential losses.

14 May
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UK faces risk of rising US-style inequality

Britain risks imitating the rise in inequality seen in the United States which could weaken democracy as differences in income, education and health rise, a Nobel Prize-winning economist said on Tuesday.

14 May
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US small business optimism creeps forward in April

Small business optimism improved throughout the month of April, increasing by 1. 7 points to 103. 5, with one index component falling, another unchanged and the remaining eight improving.

14 May
cb china trump trade
Trump wages war of words after Beijing ups tariffs

Donald Trump continued his war of words with China on Tuesday, with a series of tweets claiming tariffs had rebuilt America’s steel industry and criticising Beijing for walking away from a deal.

14 May
saudi-aramco-envisage-un-placement-prive-plutot-qu-une-ipo-selon-le-financial-times
Brent futures jump after drone attack against Saudi pipeline

Crude oil futures popped higher on Tuesday after the Saudi energy minister said that oil installations in the east of the country had been attacked by armed drones and reiterated a call to action against Iranian-backed Houthi rebels in Yemen.

14 May
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Sino-US trade spat weighs on German business sentiment

German economic sentiment unexpectedly deteriorated in May as worries about trade relations between the US and China took their toll, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.

14 May
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Rio Tinto boss says miners must respond to pressure for change

Rio Tinto's boss has warned the mining industry needs to adapt or have change forced on it as pressures intensify.

14 May
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Asian stock markets fall as Trump hardens stance against China

US President Donald Trump defended his decision to raise tariffs on China putting, keeping investors on edge and contributing to losses for Asian stocks on Tuesday.

14 May
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Euro area industrial output dips in March

Euro area industrial production slipped in March with big falls seen in most of the single currency bloc's largest economies.

14 May
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BHP CEO predicts strong future under all scenarios

BHP's chief executive said his company had a strong future no matter how climate change and other developments play out.