Clockwise from top: Tehran’s ancient grand bazaar – Iran has the second largest economy in the Middle East

Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 3(...)

 Japanese stocks tumbled and the yen surged  after the central bank dashed investors’ hopes for more stimulus, leading to declines in most other world benchmarks after the Fed left interest rates unchanged. Photograph: AP Photo/Shizuo Kambayashi

The yen surged on Thursday after the Bank of Japan surprised markets by declining to boost its stimulus, battering Japanese stocks and briefly weighi(...)

 Porsche: Car firm’s results due on Friday. Photograph:  Nicolas Mollo/AFP/Getty Images
For your diary

TODAY Results: Apple; First Bancorp; First Data; Halliburton; Xerox. Meetings: Preparing for Industry 4.0 (Crowne Plaza Hotel, Blanchardstown). (...)

Bombardier: set to cut 1,080 jobs over the next two years, it has a sharp eye on the implications of Brexit. Photograph: Arthur Allison/Pacemaker Press

Ulster Unionist Party leader Mike Nesbitt has backed the decision of one of Northern Ireland’s major employers to urge its workers to vote in stay in(...)

Fyffes climbed 7.9% to €1.50  on Friday as the fruit distributor announced it had moved into the North American mushroom market with the acquisition of Highline Produce.   Photograph: Simon Dawson/Bloomberg

European equities began the second quarter of 2016 with a slump, as weak oil prices weighed on the shares of major energy companies. This sent stocks(...)

Republican presidential candidate Donald Trump: Open to allowing Japan and South Korea to build their own nuclear arsenalsPhotograph/Evan Vucci

Donald Trump, the Republican presidential frontrunner, has said that if elected, he might halt purchases of oil from Saudi Arabia and other Arab allie(...)

Co-pilot Andreas Lubitz participates in the Airport Hamburg 10-mile race on September 13th, 2009 in Hamburg, Germany. File photograph by Getty Images

A private doctor recommended that the German pilot who crashed a Germanwings jet into the French Alps last year should be treated in a psychiatric hos(...)

An Airbus SAS A330-300 aircraft operated by Qantas Airways Ltd. takes off from Sydney Airport in  Australia. Photographer: Brendon Thorne/Bloomberg

Airbus Group performed a partial U-turn on plans to cut production of its profitable A330 aircraft on Wednesday, easing the delicate transition to new(...)

An Aer Lingus A320 Airbus. Each aircraft has a list price of about €86.5 million, bringing the Iranian order’s total value to more than €9.8 billion. Photograph: Photographer: Bloomberg

It appears that Irish aircraft lessor Avolon has been quick off the mark and visited Iran following the lifting of international sanctions. The first(...)

ranian deal includes purchase of 12 Airbus A380

New lengths in long-haul flights It has been a week for longest flights both planned and existing. Qatar Airways announced plans for a Doha to Aucklan(...)