Thomas Cook was the story of the day, slumping 17.7 per cent to 113.5 pence after chief executive Harriet Green, credited with reviving the business, was unexpectedly pushed out. Photograph: Suzanne Plunkett/Reuters

European equities closed unchanged at a two-month high after weaker travel and leisure stocks offset a rebound for mining companies. German sto(...)

BT said it was in preliminary talks for two companies and identified only Telefónica-owned O2 as a target. Photograph: Martin Divisek/Bloomberg
Companies named as BT targets

BT Group plc is in talks to buy Telefónica SA’s O2 unit or another mobile phone company to expand its wireless offering in the UK and complement its b(...)

Richard Moat, who has taken over as CEO at Eircom in a full-time capacity. Fennell Photography Copyright 2012
Moat takes the tiller at Eircom

Eircom’s announcement yesterday that acting chief executive Richard Moat would take the reins in succession to Herb Hribar came as no surprise. Moat j(...)

Nice moves in the airlines, with Aer Lingus and Ryanair both climbing.Photograph: Niall Carson/PA Wire

A rebound on Wall Street buoyed global equity markets yesterday, but lingering anxiety over world economic growth pushed US and German bond prices hi(...)

EU incoming digital policy chief Günther Oettinger. Photograph: EPA

The EU’s incoming digital policy chief has put Google on notice that it faces a potentially more hostile Brussels regime, suggesting the US group coul(...)

Ryanair climbed 3.16 % as markets continued to react positively to its launch of a business-class service. Photograph: Rui Vieira/PA Wire

The Iseq rose by a solid 0.8 per cent yesterday, as European stocks generally advanced in the final minutes of trading after remaining little changed (...)

Daimler employees can head to the beach this summer without worrying about checking their emails. Photograph: Getty

Daimler employees can head to the beach this summer without worrying about checking their emails, sparing their partners and children the frustrati(...)

 Deutsche Telekom: makes about a third of its sales and a fifth of core profits in the US. Photograph: Fabian Bimmer/Reuters

Deutsche Telekom rejected an offer from Iliad for its mobile business in the US and said regulators there should help smaller players compete against (...)

Aer Lingus closed down 1.6 per cent at €1.314 after it emerged that Denis O’Brien had sold 4.1 million shares in the airline, to reduce his stake to 2.4 per cent. Photograph: Peter Muhly/Getty

European stocks dropped to their lowest level in more than three months as concern mounted about a build-up of Russian troops along the border with(...)

Microsoft, Grange Castle, in Dublin. Last week a judge ordered that Microsoft must turn over a customer’s emails that are stored. Photograph: Aidan Crawley

The anonymous building on the outskirts of a sprawling industrial estate near Clondalkin may seem ordinary enough.But what lies inside is at the centr(...)