Ruxandra Iordache

Eight members of the OPEC+ oil producers' alliance will postpone plans to unwind a voluntary 2.2-million-barrels-per-day output cut until April

The OPEC+ oil producers' alliance has postponed plans to unwind several formal and voluntary crude production cuts amid a lukewarm outlook for global demand, according to delegate sources and internal documents.

Divided between two takeover courtships, UniCredit's Andrea Orcel may need to decide between going big abroad or staying home.

Key Points Syria has been rocked by 13 years of civil conflict, sparked by the March 2011 pro-democracy demonstrations against repressive governmental rule.

India has appointed Revenue Secretary Sanjay Malhotra as governor of the country's central bank for a three-year period, according to CNBC TV18

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim.

Key Points A second impeachment vote took place on Saturday, following South Korean President Yoon Suk Yeol's fleeting failed attempt to impose martial law in early December.

Italy's UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives, as markets watch whether it will take the leap with a buyout of the German lender.

Russia's central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages an ongoing battle with sky-high inflation.

Russia's central bank on Friday unexpectedly left its key interest rates unchanged at 21%, citing improved monetary tightness that had created the conditions to tame sky-high inflation.