Commerzbank boss pledges to defend shareholders in UniCredit takeover battle

Commerzbank boss pledges to defend shareholders in UniCredit takeover battle

Commerzbank will defend the interests of its shareholders amid its ongoing takeover tussle with Italy’s UniCredit, the German lender’s CEO Bettina Orlopp said Friday. Speaking with CNBC’s “Squawk Box Europe”, Orlopp said Commerzbank remains open to discussions with UniCredit — but stressed that the Milan-headquartered bank must recognize the strength of its “reliable, aspirational” standalone…

Read More
Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

Toyota signage at the New York International Auto Show in New York City on April 2, 2026. Danielle DeVries | CNBC Japan’s Toyota Motor on Friday reported a 49% drop in fourth-quarter operating profit, missing analysts’ estimates as U.S. tariffs pressured earnings. Here are Toyota’s results compared with median estimates from LSEG: Revenue: 12.6 trillion yen vs. 12.6 trillion yen…

Read More