
ECB Clears UniCredit to Pursue Gradual Takeover of Commerzbank
ECB approval gives UniCredit a path to control Commerzbank, advancing eurozone bank consolidation despite German opposition over jobs and lending.

ECB approval gives UniCredit a path to control Commerzbank, advancing eurozone bank consolidation despite German opposition over jobs and lending.

The EU plans new funding for Ukrainian drones and missiles as European leaders prepare to discuss Kyiv’s financing needs and wider support.

Zelenskyy criticised a US-Russia diesel supply deal, warning it could weaken sanctions pressure and affect UK and European energy markets.

Trump expects renewed Iran talks after rejecting Tehran’s Hormuz plan, leaving UK and EU markets alert to energy, sterling and escalation risks.

Kyiv denied a report that Trump urged Zelensky to meet Putin in Moscow as energy-site talks draw UK and EU market attention.

The Fed lifted rates to 3.75-4%, raising questions for sterling, UK businesses and European markets exposed to dollar strength and energy inflation.

Russia is expected at G20 energy talks in Houston, putting European energy security, sanctions and market risks back under scrutiny.

A Reuters report says the US told Russia at the G20 not to expect sanctions relief before the war in Ukraine ends, as European officials protested Moscow’s presence.

Uzbekistan's first-time ID card fee is under fire after a social media post highlighted the burden on low-income families and sharper price gaps with neighbouring states.

Uzbekistan auctions its entire stake in 'Fonon' jewelry factory with 316.7 billion UZS starting price, amid financial liabilities, attracting cautious interest from UK and EU investors.

Uzbekistan's meat imports rose sharply in early 2026 amid slowing domestic production, affecting UK and EU trade and London market dynamics.

US-Iran talks show promise of a deal, potentially easing Middle East tensions and impacting sterling and London markets positively.

Uzbekistan’s central bank keeps interest rates at 14% citing persistent food inflation and global risks, impacting UK and EU investors and London markets.

Uzbekistan’s six-month halt on gold exports has caused a 29% drop in exports, affecting trade balances and London’s gold market with implications for sterling and EU businesses.

Uzbek banks saw rapid credit growth but rising non-performing loans in Q1 2026, affecting UK and EU investor risks and London market exposure.

Moscow Exchange manipulation case involving Telegram channels raises concerns for UK and EU investors amid regulatory crackdowns and potential market instability.