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UniCredit raises capital ahead of Commerzbank takeover bid

UniCredit raises capital ahead of Commerzbank takeover bid

Shareholders in Italy's UniCredit approved on Monday an increase in share capital that enables the Italian bank to mount a 35-billion-euro ($41-billion) hostile bid for its German rival Commerzbank UniCredit shareholders approved a motion to issue additional shares to raise share capital by up 6.

A year into Merz government, German far right stronger than ever

A year into Merz government, German far right stronger than ever

German Chancellor Friedrich Merz took office a year ago vowing to revive the political centre, but the far-right AfD party has risen to the top of the polls while his own coalition's popularity is falling. The conservative chancellor, who came to power on May 6 last year

French scholars seek to resurrect Moliere with AI play

French scholars seek to resurrect Moliere with AI play

What might France's greatest playwright have written had he not died of tuberculosis in 1673? A team of French scholars, researchers and artists have joined forces to tap into the power of artificial intelligence to create a play they say Moliere himself might have written. "The Astrologer,

Allies jolted on defence as Trump pulls troops from Germany

Allies jolted on defence as Trump pulls troops from Germany

America's NATO allies put a brave face Monday on a US decision to withdraw 5,000 troops from Germany, but warned it was proof Europe needs to step up for its own security, and fast. US President Donald Trump cast fresh doubts over the future of the alliance

War in the Middle East: latest developments

War in the Middle East: latest developments

The latest developments in the Middle East war: - US destroyers in Hormuz - US guided-missile destroyers have entered the Gulf as part of a mission to escort ships through the vital Strait of Hormuz waterway, the US military said. The warships "are currently operating in the Arabian Gulf after

Migrants deported from US stranded, 'scared' in DR Congo

Migrants deported from US stranded, 'scared' in DR Congo

Spending the past five days cooped up in a hotel in the capital of the Democratic Republic of Congo is not quite what a group of Latin Americans expected when they sought asylum in the United States. But their predicament is far from the worst of it: the men and

Famed cartoonist Chappatte calls medium a 'barometer' of freedom

Famed cartoonist Chappatte calls medium a 'barometer' of freedom

Celebrated Swiss political cartoonist Patrick Chappatte, whose work has appeared in The New York Times, Der Spiegel and other leading newspapers, said Monday his profession is on the "front line" of a battle for democracy. "If you want to know the state of democracy in any nation