Angela Merkel: “I am no judge or criminal investigator, I can only rule out that the federal government has ever made laws that insinuate that anything like that can be done.” Photograph: Julien Warnand/EPA

(...) welcomed European Commission proposals for automatic exchange of so-called “tax rulings” in the EU(...)

Patrick Coveney chief executive of Greencore: ‘We’re operating in an industry where retail prices for products are falling and we have to be very competitive on all the components that go into our costs.’ Photograph: Brenda Fitzsimons/Irish Times

(...)), according to recent filings with the London Stock Exchange – a figure 160 times that of the earnings of(...)

After rebuffing a takeover bid by International Consolidated Airlines Group, Aer Lingus fell back 0.25 per cent to finish at €1.98. Photograph: Artur Widak/PA Wire

(...) dollar despite a massive hike in interest rates on Monday night, threatening the stability on which(...)

An employee uses a machine while counting Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia

(...), temporarily allowing banks to use a third-quarter exchange rate to value their risk-weighted assets and(...)

Swiss Franc and Euro banknotes lie on a table in a Swiss bank in Bern. The Swiss National Bank said  it would impose negative interest rates on cash held by other banks at the central bank, seeking to discourage safe-haven buying by investors anxious about the crisis in Russia and oil’s slide. Photo: Reuters

(...) said in its statement. “The introduction of negative interest rates makes it less attractive to hold(...)

The ruble sank beyond 80 a dollar on Tuesday, a record low, as it became clear that the surprise 650 basis-point interest rate increase wouldn’t alter the ruble’s course. (Photograph: Andy Buchanan/Reuters) 1:13

(...) central bank’s aim in increasing in interest rates to 17 per cent from 10.5 per cent. The rouble’s down 52(...)

Pedestrians pass a neon sign displaying the latest Russian ruble euro dollar exchange rate outside a currency exchange bureau in Moscow, Russia, on Tuesday. The rouble sank to a record, deepening Russia’s currency crisis, as people scrambled to convert their money into dollars after a surprise interest-rate increase failed to shore up investor confidence. (Photograph: Andrey Rudakov/Bloomberg)

(...) likely next year as high interest rates will crimp growth. For businesses, it means more uncertainty and(...)

A man standing under a board showing currency exchange rates in Moscow yesterday. Photograph: Reuters/Maxim Zmeyev

(...) exchange and rates strategist at Sberbank CIB in Moscow. Analysts said the bank would have needed to follow(...)

Pedestrians pass a neon sign displaying the latest Russian rouble exchange rate outside a currency exchange bureau in Moscow. Photograph: Andrey Rudakov/Bloomberg

(...). The worst is yet to come.Russia’s central bank raised interest rates by 6.5 per cent to 17 per cent(...)

Hedge fund manager Stephen Jen is bracing for more pain in emerging markets. (Photograph: Jin Lee/Bloomberg)

While unwilling to draw up a blacklist for now, he says exchange rates reveal emerging-market dangers(...)