Bloomberg UniCredit SpA is considering selling its Russian unit through a structure that would allow the bank to repurchase the subsidiary if the geopolitical situation stabilizes, according to people familiar with the matter. Italy’s second-largest lender is looking at several possible deal arrangements, including one that would give it the option of buying back the unit depending on market and …

Bloomberg Zimbabwe’s central bank plans to sell gold coins to the public from July 25 as a store of value to stabilise the nation’s tumbling currency and offer an alternative to the US dollar. The one-troy-ounce gold coins will be called Mosi oa-Tunya Gold Coin, Governor John Mangudya said. The term means “Smoke that Thunders,” a reference to Victoria Falls, …

  Bloomberg The euro slid to a 20-year low against the US dollar as traders bet that the European Central Bank will go slower on raising interest rates as the economy risks being tipped into a recession. The common currency fell as much as 1.4% to $1.0281, its weakest level since December 2002. The losses came as money markets continued …