In the first quarter Kingfisher put agreements in place with two national retailers to take over its lease agreements on 14 B&Q stores over the next two years. Photograph: Paul Faith/PA Wire

Kingfisher, Europe’s largest home improvement retailer, met analysts’ expectations for first-quarter earnings and reached agreements to complete almos(...)

Aer Lingus chief executive Stephen Kavanagh has told the Minister for Transport he does not foresee compulsory redundancies or outsourcing of jobs in the event of IAG buying the Government’s 25 per cent stake in the company.  File photograph: Brian Lawless/PA Wire

The sale of the State’s 25 per cent stake in Aer Lingus to International Airlines Group (IAG) has been recommended by the Cabinet and will go before t(...)

The Cabinet has agreed to sell the State’s 25 per cent stake in Aer Lingus.   Fine Gael and Labour believe they have won significant concessions from IAG in relation to the proposal. 3:13

The Cabinet has agreed to sell the State’s 25 per cent stake in Aer Lingus at a meeting on Tuesday evening. It is understood the Dáil will vote on th(...)

Rainer Neske, expected departure said to be due to a disagreement over the bank’s future direction, German media reported. Photograph: Lisi Niesner/Reuters

The head of Deutsche Bank’s retail banking unit is poised to step down, just weeks after Germany’s biggest bank unveiled a new strategy that will invo(...)

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

Bayer cited the strengthening of most major currencies against the euro, including the US dollar, Chinese yuan and Swiss franc, for better outlook.  Picture: Bloomberg

Bayer raised its full-year forecast for profit and sales, citing “much more favorable” foreign exchange rates. The company’s earnings before interest,(...)

Brady Dougan is set to be succeeded as  chief executive of Credit Suisse by  Tidjane Thiam. Photograph: Jerome Favre/Bloomberg

Credit Suisse’s first-quarter net profit rose 23 per cent, exceeding analysts’ expectations, after market volatility boosted securities trading and on(...)

Rohan Holdings paid €6.5 million for the former McConnells Advertising headquarters overlooking the Grand Canal at Charlemont Place in Dublin 2 Rohan Holdings paid €6.5 million for the former McConnells Advertising headquarters overlooking the Grand Canal at Charlemont Place in Dublin 2

With relatively few office developments under way in Dublin’s central business district despite signs of a shortfall of top-quality space, Rohan Ho(...)

Johnny Ronan was one of the highest profile developers during the property boom that ultimately led to the Republic’s financial crash in 2008.

US firm Colony Capital and UK-based M&G Investments are funding developer Johnny Ronan’s exit from the National Asset Management Agency (Nama).Ron(...)

JLL says 95 per cent of investment transactions in Q1 were for Dublin assets while 93 per cent of total volumes were for offices with retail at 4 per cent and mixed-use at 2 per cent. Photograph: Eric Luke / THE IRISH TIMES

New research from agent JLL suggests the Irish property investment market got off to a solid start this year with almost €1 billion transacted in Q1, (...)