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Representative image of Chinese and Japanese passenger vehicles in a Southeast Asian urban market, illustrating how BYD Co. Ltd., Chery Automobile Co. Ltd., and SAIC Motor Corp. Ltd. are challenging Japanese automaker dominance across the ASEAN light vehicle market amid rising electric vehicle and hybrid demand.

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Representative image: UniCredit headquarters in Milan pictured alongside a Banco BPM branch, symbolizing the €14.6 billion bid collapse under Italy’s golden power rules

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General business news

Why UniCredit’s €14.6bn Banco BPM takeover collapsed under Italy’s golden power rules

Unicredit’s €14.6 billion Banco BPM bid collapsed due to Italy’s golden power rules. Learn how this impacts EU banking consolidation and investor sentiment.

byPallavi Madhiraju

July 23, 2025

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