Travel stocks fall on fears over spread of the Ebola virus. Photograph: Ahmed Jallanzo/EPA

European stocks sank in huge trading volumes, extending their week-long selloff as concerns about global economic growth spooked investors. In the la(...)

Oliver Bäte, head of Allianz’s western and southern European units and a former chief financial officer, is to take over running the company. Photograph:  Frank Leonhardt/EPA

Allianz, the German insurer that owns US fund manager Pimco, said yesterday that chief executive Michael Diekmann will step down next year.Mr Diekmann(...)

Bill Gross, former co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks in Chicago earlier this year. Gross’ abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm’s executive committee that got progressively worse, according to sources familiar with the situation. Photograph: Jim Young/REUTERS

Pacific Investment Management Co (PIMCO), seeking to calm investors after the surprise departure of co-founder and former chief investment officer Bil(...)

Bill Gross: “looking forward to be able to continue this run with Janus.” Photographer: Andrew Harrer/Bloomberg

Bill Gross, the famed “bond king”, has resigned from Pimco to join competing asset manager Janus Capital, leaving the company he built into the world(...)

Banana importer Fyffes surged 2.34 per cent to €1.095 following news it and Chiquita Brands International have agreed new terms for an all-share merger. Photograpr: Simon Dawson/Bloomberg

Stocks rose yesterday as positive news on the US economy sparked hopes it would lift Europe. Data from Washington’s commerce department showed that U(...)

 Bill Gross, who has left Pimco, the firm he founded over 40 years ago to join Janus Capital Group. Photographer: Andrew Harrer/Bloomberg

Bill Gross, who co-founded Pacific Investment Management Co more than four decades ago and rose to become manager of the world’s biggest bond mutual (...)

Mohamed El-Erian had been the chief executive of the $2 trillion Pimco investment fund

Mohamed El-Erian was the chief executive of one the biggest investment funds in the world, earning about a $100 million a year, when he suddenly decid(...)

Massimo Dutti on Grafton Street, one of IPUT’s holdings. The fund manages a portfolio of 80 properties valued at more than €  1.2 billion, 98 per cent of which (by value) is situated in Dublin.

Allianz Real Estate, the international real estate division of Allianz Group, is to invest € 140million in the Irish commercial property market throug(...)

Dublin has been chosen as one of the host European cities for Euro 2020. Photograph: John Walton/PA Wire.

The FAI and Dublin City will host part of a major football championship - Euro 2020 - for the first time after the bid to stage three group games and (...)

The European Central Bank is contemplating whether to follow the central banks of the US, the UK and Japan in implementing a programme of quantitative easing, buying assets in large quantities

The fear of a descent into Japanese-style deflation is starting to influence monetary policy making in the eurozone.Inflation in the currency union co(...)