Businessman Denis O’Brien who said on Friday that he had no role in the sale process for Siteserv and that he was happy to appear before the PAC if it investigates the issue.

Businessman Denis O’Brien has said he did not run the sale process which saw a company he controls, Millington, purchase Siteserv from the IBRC for €4(...)

Paddy McKillen has been fighting for five years over the ownership of Claridge’s (above), The Berkeley and The Connaught hotels

Qatari investors allied to developer Paddy McKillen have bought out his rivals, the Barclay Brothers, for the ownership of three high-end London ho(...)

Manx companies pay no corporation tax and do not file public accounts with the local authorities, giving them a certain veil of privacy and hence attraction.

Millington, the vehicle that Denis O’Brien used to buy Siteserv for €45 million, was set up in the Isle of Man on December 7th, 2011. The process to s(...)

The Berkeley hotel in London, one of three luxury properties where ownership has now been resolved Photograph: Bloomberg

The Barclay brothers have sold their 64 per cent stake in three luxury London hotels to developer Paddy McKillen’s backer, ending a bitter feud over t(...)

Deutsche Bank traders regularly asked rate submitters to make submissions that would benefit their trading positions Photograph: EPA

Deutsche Bank was ordered to pay a record $2.5 billion (€2.3bn) fine and fire seven employees to settle US and UK investigations into its role in rigg(...)

Manufacturing activity in Asia’s top two economic powerhouses slowed further in April.

Manufacturing activity in Asia’s top two economic powerhouses slowed further in April, a disappointing outcome that calls for yet more stimulus and pu(...)

Teva factory sign on its plant in Jerusalem: Teva says its stock-and-cash offer of $82 a share represented a 48 per cent premium to Mylan’s stock price on March 10th, which it said was the last day of trading prior to the widespread speculation. Photograph: Menahem Kahana

Generic drugmaker Teva Pharmaceutical Industries Ltd yesterday proposed buying Mylan for $40 billion, saying it was a better deal than the smaller riv(...)

Tesco: retailer’s stretched balance sheet is likely to be of most interest on Wednesday.  Photograph: Andrew Milligan/PA Wire

Supermarket behemoth Tesco is due to report full-year results on Wednesday, and markets will be watching closely to see if a predicted £3 billion (€ 4(...)

Aer Lingus shed some of the gains it made on Thursday on the back of reports the Government was close to agreeing to sell the State’s stake to  IAG. Photograph: Alan Betson

European stocks slid on Friday as concern over the impact of Greek debt was exacerbated by declines in the US and Asia. A two-hour blackout at news a(...)

Ingredients and convenience food group Kerry climbed 1.67 per cent to close at €67.50

European stocks declined yesterday, breaking a five-day advance, as banks slid. DUBLIN Permanent TSB’s announcement that it is planning to seek a pri(...)