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Unicaja begins merger talks with Liberbank

Bloomberg Unicaja Banco SA and Liberbank SA said they have held talks on rekindling a merger abandoned last year as consolidation gathers pace across Europe’s financial industry. Unicaja “confirms preliminary contact with Liberbank, with the knowledge of the board and without for the moment, the participation of external advisers,” the lender said in a regulatory filing. It said no final ...

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European stocks retreat after rally; Treasuries gain

Bloomberg European stocks pulled back from a two-week high and US futures retreated after a rally when on Monday President Donald Trump left the hospital. Tech stocks led losses in the Europe Stoxx 600 Index. Hardware maker Logitech International SA slumped as Apple Inc. plans to launch its own audio products and stop selling rival headphones. Treasuries rise and the ...

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Indian rupee gets lift from stock flows, account surplus

Bloomberg India’s strongest surplus in more than a decade is supporting a currency battered by the worst pandemic outbreak in Asia. The currency has advanced more than 2% in the third quarter, outperforming the Indonesian rupiah, its high-yielding counterpart that has sunk around 4%. The gains come even with an economy ravaged by 6.7 million infections. The support comes from ...

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