UBS reported a surprise outflow of funds from its flagship wealth management business on Tuesday, threatening to overshadow its best annual results since 2010 and a higher than expected dividend payout. (Photograph: Arnd Wiegmann/Reuters)

Stocks fell as disappointing earnings from European companies deepened investor concern that global growth is slowing. Oil extended this week’s slump(...)

The fear that the US, the world’s largest economy and considered the lone engine of global growth, is on the verge of recession has intensified.

Leading global economists now see a 20 per cent chance of the US falling into recession this year, and a diminishing likelihood of the Federal Reserve(...)

Former City broker Darrell Read leaves court after being cleared of helping to rig the Libor lending rate Photograph: Getty Images

Darrell Read, an ex-ICAP broker accused of helping convicted trader Tom Hayes rig Libor, was found not guilty on Thursday by a London jury, a day afte(...)

The Exchange: will have an overall floor area of 10,219 sq m (110,000 sq ft) and 37 basement parking spaces

The fast-expanding property fund IPUT is to forward-fund a new €80 million office building in Dublin’s IFSC. The Cosgrave Property Group is to hand(...)

Photograph: Kiyoshi Ota/Bloomberg

US investment bank Citigroup cut its growth forecasts for the world economy on Thursday, and said that risks of a global recession were increasing. C(...)

The bull and bear statues outside the Frankfurt Stock Exchange in Germany. Photograph: Ralph Orlowski/Getty Images

The S&P 500, having endured its worst-ever beginning to a year, has suffered a double-digit correction since hitting all-time highs last May. Afte(...)

Dublin’s Iseq tracked the global sell-off and  Ryanair finished the day down 2 per cent at €14.40

European stocks fell to a one-year low as concerns about global growth intensified amid disappointing US data and another precipitous slide in oil pr(...)

Citigroup: for the full year, the company reported adjusted net income of $17.1 billion, the most since 2006. Photograph:  Justin Sullivan/Getty Images

Citigroup shares fell yesterday after the group reported fourth-quarter revenue gains that some analysts said came from too many one-time items. The s(...)

A screen displays the Dow Jones Industrial Average  on the floor of the New York Stock Exchange

Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since August 24th and the Dow plunging nearly 400 points, as oil prices dived b(...)

Citi’s Irish headquarters on Dublin’s North Wall Quay Photograph: Alan Betson / The Irish Times

Citigroup boosted fourth-quarter profit more than analysts estimated as it generated more revenue from investment banking and a portfolio of unwanted (...)