Banana distributor Fyffes was one of the main movers of the day, with the stock up 4.25 per cent at €1.03. Photograph: Simon Dawson/Bloomberg

European stocks fell following their longest streak of weekly losses in more than a year, as worse-than-estimated financial results added to concerns(...)

Chiquita shareholders will vote on the merger on Friday while Fyffes shareholders will vote next Monday. Photograph: Simon Dawson/Bloomberg

Efforts by Fyffes to conclude a proposed $1 billion merger with Chiquita Brands to create the world’s biggest banana company received a boost yesterda(...)

Chiquita’s board still recommends a tie-up with Fyffes

The board of Chiquita said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was “inadequate,” and again recommend(...)

New data indicating strength in the US economy helped major US, European and pan-world stock indexes to pare losses. Photograph: Reuters

Global equity markets tumbled again yesterday as investors continued to worry about world growth and on fears that Europe’s debt crisis was waking up (...)

The Fyffes deal, announced in March, would create the world’s largest banana company and cut Charlotte, North Carolina-based Chiquita’s tax bill by enabling it to move its headquarters to Ireland. Photograph: Simon Dawson/Bloomberg

Brazil’s Cutrale Group and Safra Group boosted their offer to buy Chiquita Brands International Inc. to about $658 million, raising pressure on the ba(...)

Dalata rose 0.7 per cent on confirmation it has acquired Whites of Wexford Hotel (pictured) and the Clayton Hotel.

The Iseq index of Irish shares followed other markets down as shares suffered their biggest losses in years and the dollar slumped yesterday after the(...)

Chiquita bananas are displayed for sale. Brazil’s Cutrale Group and Safra Group boosted their offer to buy Chiquita Brands International to about $658 million. Photo: Bloomberg

Brazil’s Cutrale Group and Safra Group boosted their offer to buy Chiquita Brands International to about $658 million, raising pressure on the banana(...)

Index heavyweight CRH was down 2.5 per cent at €16.435. Photograph: Brenda Fitzsimons/The Irish Times

European stocks fell, completing their biggest weekly drop since May 2012, amid concern the region’s central bank will face obstacles in its measures (...)

Ryanair, one of the weightiest stocks on the Iseq, contributed to yesterday’s decline by falling 2.37 per cent to close at €6.82. Photograph: Simon Dawson/Bloomberg

The Iseq’s bad run continued yesterday. The index fell by 1 per cent on international economic concerns, its worst three-day run since July 2012.Europ(...)

The proposed Chiquita-Fyffes deal is already under threat from a rival all-cash bid for Chiquita from two Brazillian billionaires. Photograph: Simon Dawson/Bloomberg

The proposed $1 billion banana company merger between Fyffes and its US rival Chiquita Brands faces a new threat, after shareholders in the US compa(...)